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Property profile & analytics
OFF-MARKET
Estimated value
$8,025,000
Hotels
1201 Ave H H Carter Lake, IA 51510-1595
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US25-0372422
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1999
Lot
1.9 ac (82,764 SF)
APN
7544 21 302 011
UPID
US25-0372422
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.03M
Owner & transaction history
Omaha Hospitality LLC · 2 yrs held
Omaha Hospitality LLC
since 2023
Last sale
$8.2M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carter Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carter Lake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,760,000
ML approach
$7,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.03M
Range $7.22M – $8.83M · ±10% · vs last sale $8.16M (Oct 23 2023)
Last sale anchor
$8.16M
Oct 23 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$112,706
Tax year 2023
Assessed value
$4,917,400
Assessed 2024
Previous assessed
$3,664,900
+34.2% YoY
Effective rate
2.29%
On assessed value
Assessed land
$435,000
Assessed improvement
$4,482,400
Land market value
$435,000
Improvement market value
$4,482,400
Total market value
$4,917,400
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Cooling
YES
Stories
4
Units
102
Lot
1.9 ac (82,764 SF)
APN
7544 21 302 011
UPID
US25-0372422
Jurisdiction
POTTAWATTAMIE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
102
Lot
1.9 ac
Current owner
From public records · entity-resolved
Omaha Hospitality LLC
Entity
Mailing address
1201 AVE H H, CARTER LAKE, IA 51510-1595
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2023
$8,160,000
Omaha Hospitality LLC
Omaha Investments Group LLC
Warranty Deed
$4,310,000 · Premier Bank
Apr 20, 2016
$2,975,000
Omaha Investments Group LLC
Carter Lake Hospitality LLC
Warranty Deed
$4,436,000 · Dundee Bank
Jul 20, 2005
$389,500
Carter Lake Hospitality LLC
Tam Hospitality LLC
Warranty Deed
$3,400,000 · Bankers Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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