Property profile

1102 8th St Monterey, CA 93940

OFF-MARKET
Hotels
Property ID
US09-1906360
10,453 SF 0.5 ac lot Built 1969
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1969
Construction WOOD
Total area 10,453 SF
Lot 0.5 ac (21,900 SF)
APN 001-852-021-000
UPID US09-1906360

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1102 8th St Monterey, CA 93940
Monterey metro Census 13000 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$567k
Blend (final) Blend
$720k

Owner & transaction history

since 2015
5 recorded transactions
2015
Price N/A
2015
Price N/A
2000
Price N/A
1993
$1.8M
1989
$578,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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