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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Hotels
1600 Cumberland Ave West Lafayette, IN 47906-4043
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US31-0505816
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1975
Construction
TYPE NOT SPECIFIED
Total area
167,071 SF
Lot
7.77 ac (338,492 SF)
APN
79-06-12-126-001.000-034
UPID
US31-0505816
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
Radha Krishna Hospitality LLC · 1 yrs held
Radha Krishna Hospitality LLC
since 2024
4 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 West Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Lafayette 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$11 / SF
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
$190,386
Tax year 2023
Assessed value
$8,528,700
Assessed 2023
Previous assessed
$8,528,700
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed improvement
$8,528,700
Improvement market value
$8,528,700
Total market value
$8,528,700
Applied tax rate
34.0000
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
1975
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
3
Units
171
Total area
167,071 SF
Lot
7.77 ac (338,492 SF)
APN
79-06-12-126-001.000-034
UPID
US31-0505816
Jurisdiction
TIPPECANOE
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
1975
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
3
Units
171
Lot
7.77 ac
Current owner
From public records · entity-resolved
Radha Krishna Hospitality LLC
Entity
Mailing address
1600 CUMBERLAND AVE, WEST LAFAYETTE, IN 47906-4043
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2024
—
Radha Krishna Hospitality LLC
1600 W Lafeyette INC
Warranty Deed
$5,000,000 · Millennium Bank NA
Aug 30, 2023
$3,750,000
1600 W Lafayette INC
Wlin Associates LLC
Receivers Deed
$3,800,000 · Gbank
Aug 29, 2019
$232,000
City Of West Lafayette
Pandey Hotel W Lafayette LLC
Warranty Deed
—
Oct 9, 2015
—
Pandey Hotel West Lafayette
Tn University Inn LLC
Grant Deed
$6,000,000 · Pacific Lafayette LLC
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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