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Property profile & analytics
OFF-MARKET
Estimated value
$3,190,000
Hotels
161 Louise Ave Lathrop, CA 95330-9606
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3298897
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2021
Construction
WOOD FRAME
Total area
38,669 SF
Lot
1.29 ac (56,347 SF)
APN
196-270-230-000
UPID
US10-3298897
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
Current use
Occupant on record · Public records
-
Tru by Hilton Lathrop Hotel & Motel
-
Tru By Hilton Lathrop, CA Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.61M
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$3.19M
Owner & transaction history
Louise Avenue Partners LP · 6 yrs held
Louise Avenue Partners LP
since 2019
7 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 Lathrop submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lathrop 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,905,000
6.5%
$3,605,000
7%
$3,345,000
Blend value · Realmo final
$3.19M
Range $2.87M – $3.51M · ±10%
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
$82 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$85,507
Tax year 2024
Assessed value
$7,162,552
Assessed 2024
Previous assessed
$7,162,552
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,554,068
Assessed improvement
$5,608,484
Applied tax rate
7.0000
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
Status
Off-Market
Year built
2021
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Bathrooms
1
Total area
38,669 SF
Lot
1.29 ac (56,347 SF)
APN
196-270-230-000
UPID
US10-3298897
Jurisdiction
SAN JOAQUIN
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
2021
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Bathrooms
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Louise Avenue Partners LP
Entity
Mailing address
103 E LOUISE AVE, LATHROP, CA 95330-9606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2022
—
Louise Avenue Partners
—
Deed
related
$4,997,000 · The Mortgage Capital Development Corp
Oct 25, 2019
—
Louise Avenue Partners
—
Trustees Deed
related
$4,865,000 · Poppy Bk
Sep 13, 2019
—
Louise Avenue Partners LP
Louise Avenue Partners LLC
Quit Claim Deed
related
—
Apr 17, 2019
$1,421,000
Louise Avenue Partners LLC
Patel Balubhai Trust
Grant Deed
—
May 25, 2017
$1,270,000
Patel,balubhai Trust
Okoh,larry
Grant Deed
—
Apr 26, 2010
—
Beverly A Clark
Clark,hosea M
Affidavit Of Death
related
—
Feb 28, 2007
$540,000
Hosea M Clark
Okoh,larry
Grant Deed
$410,000 · Luis E Gomez
Jul 3, 2006
—
Larry Okoh
Rhode 2001 Family Trust
Grant Deed
$715,000 · Allstar Financial Services INC
May 29, 2002
$360,000
Rhode Trust
Ethridge,carroll R & Loretta M
Grant Deed
$230,000 · Carroll R & Loretta M Ethridge
—
—
Carroll R Ethridge
—
Deed Of Trust
related
$20,000 · Wells Fargo Bank
—
—
Rhode,tr
—
Deed Of Trust
related
$200,000 · Joe & Juliana Rocha
—
—
Rhode,tr
—
Deed Of Trust
related
$100,000 · Joe & Juliana Rocha
—
—
Carroll R Ethridge
—
Deed Of Trust
related
$40,000 · Stockton Savings Bank
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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