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Property profile & analytics
OFF-MARKET
Hotels
18 Artisan Dr, Salem, NH 03079-5019
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US58-0428202
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2022
Construction
STEEL FRAME
Total area
297,592 SF
Lot
2.9 ac (126,324 SF)
Zoning code
CIC
APN
SLEM M:108 B:12651 L:
UPID
US58-0428202
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
by Request
Owner & transaction history
Sean Edwards · 1 yrs held
Sean Edwards
since 2025
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
CIC · Salem, NH
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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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
—
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
$306,578
Tax year 2023
Assessed value
$18,076,539
Assessed 2023
Previous assessed
$18,076,539
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$2,513,539
Assessed improvement
$15,563,000
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
2022
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
6
Units
256
Total area
297,592 SF
Lot
2.9 ac (126,324 SF)
Zoning code
CIC
APN
SLEM M:108 B:12651 L:
UPID
US58-0428202
Jurisdiction
SALEM TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
CIC · Salem, NH
Zoning CIC · permitted uses
CIC · Salem, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
6
Buildings
1
Units
256
Lot
2.9 ac
Current owner
From public records · entity-resolved
Sean Edwards
Individual
Free & Clear · 1 yrs held
Mailing address
11015 STONE LEGEND DR, TOMBALL, TX 77375-0072
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
35 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
$950,000
Sean Edwards
Stephen J Doherty
Warranty Deed
—
Jun 25, 2025
$909,000
Richard Fabian
Mark L Ehrman 2015 T
Warranty Deed
—
Jun 24, 2025
—
Tuscan Vlg Master Dev LLC
Tuscan Vlg Block 2000 LLC
Warranty Deed
$75,000,000 · Manufacturers & Traders Trust Co
Oct 1, 2024
$635,000
Scott Schmidhauser
Tuscan Vlg Block 2000 LLC
Condominium Deed
$508,000 · Service Cu
Oct 1, 2024
$630,000
David W Sung
Tuscan Vlg Block 2000 LLC
Condominium Deed
$345,000 · M & T Bank
Jul 19, 2024
$710,000
William R Bode
Tuscan Vlg Block 2000 LLC
Condominium Deed
$568,000 · St Marys Bank
Jun 26, 2024
—
Johnic LLC
John Indeglia
Warranty Deed
—
Jun 24, 2024
$755,000
Gloria Perez
Tuscan Vlg Block 2000 LLC
Condominium Deed
$641,750 · Salem Cooperative Bank
Jun 20, 2024
$1,015,000
George Frey
Tuscan Vlg Block 2000 LLC
Condominium Deed
$812,000 · Salem Cooperative Bank
Jun 3, 2024
$830,000
Vittoria Petruzziello
Tuscan Vlg Block 2000 LLC
Condominium Deed
$405,000 · Salem Cooperative Bank
May 15, 2024
$825,000
Ronald M Chiuve
Tuscan Vlg Block 2000 LLC
Condominium Deed
$784,000 · North Shore Bank
May 13, 2024
$720,000
Stephen Harry
Tuscan Vlg Block 2000 LLC
Condominium Deed
$416,000 · Salem Cooperative Bank
Apr 30, 2024
$615,000
Lisa M Funari
Tuscan Vlg Block 2000 LLC
Condominium Deed
$324,000 · M & T Bank
Jan 29, 2024
$1,160,000
Pooja M Deveau
Tuscan Vlg Block 2000 LLC
Condominium Deed
$870,000 · Berkshire Bank
Dec 20, 2023
$580,000
Peter Tinari
Tuscan Vlg Block 2000 LLC
Condominium Deed
$522,000 · Timothy Tinari
Dec 20, 2023
$530,000
Luisa Salazar
Tuscan Vlg Block 2000 LLC
Condominium Deed
$370,000 · Salem Cooperative Bank
Dec 18, 2023
$730,000
John Burns
Tuscan Vlg Block 2000 LLC
Condominium Deed
$584,000 · Service Cu
Dec 18, 2023
$855,000
Mc3 Investments LLC
Tuscan Vlg Block 2000 LLC
Condominium Deed
$550,000 · Enterprise Bank & Trust Co
Dec 15, 2023
$800,000
416 Artisan Way LLC
Tuscan Vlg Block 2000 LLC
Warranty Deed
$400,000 · Bank Of New England NA
Dec 15, 2023
$625,000
Halah Rahman
Tuscan Vlg Block 2000 LLC
Warranty Deed
$500,000 · Service Cu
Dec 15, 2023
$720,000
Margot Driscoll
Tuscan Vlg Block 2000 LLC
Warranty Deed
$70,000 · Merrimack County Savings Bank
Dec 13, 2023
$690,000
Steven Bailey
Tuscan Vlg Block 2000 LLC
Warranty Deed
$517,500 · Salem Cooperative Bank
Dec 12, 2023
$780,000
Peter A Eliopoulos
Tuscan Vlg Block 2000 LLC
Warranty Deed
$580,000 · St Marys Bank
Dec 8, 2023
$710,000
Jonathan S Leblanc
Tuscan Vlg Block 2000 LLC
Condominium Deed
$532,500 · Salem Cooperative Bank
Dec 6, 2023
$670,000
Randall Davis
Tuscan Vlg Block 2000 LLC
Condominium Deed
$520,000 · Merrimack County Savings Bank
Dec 5, 2023
$615,000
Eleni Souliotis
Tuscan Vlg Block 2000 LLC
Condominium Deed
$492,000 · North Shore Bank
Dec 4, 2023
$696,000
Diane Lemenager
Tuscan Vlg Block 2000 LLC
Condominium Deed
$250,000 · Salem Cooperative Bank
Nov 29, 2023
$760,000
Nacar Alpen
Tuscan Vlg Block 2000 LLC
Condominium Deed
$737,200 · Enterprise Bank & Trust Co
Nov 27, 2023
$575,000
James I Miller
Tuscan Vlg Block 2000 LLC
Condominium Deed
$488,750 · Salem Cooperative Bank
Nov 22, 2023
$730,000
Jason Ward
Tuscan Vlg Block 2000 LLC
Condominium Deed
$480,000 · Salem Cooperative Bank
Nov 20, 2023
$625,000
Stephen Petropoulos
Tuscan Vlg Block 2000 LLC
Condominium Deed
$500,000 · North Shore Bank
Nov 20, 2023
$665,000
Peter Kalogerakos
Tuscan Vlg Block 2000 LLC
Condominium Deed
$500,000 · North Shore Bank
Nov 17, 2023
$840,000
18 Artisan Unit 414 RT
Tuscan Vlg Block 2000 LLC
Condominium Deed
$400,000 · Salem Five Cents Savings Bank
Nov 9, 2023
—
Sonia G Roberts T
—
Deed
related
$750,000 · Service Cu
Nov 7, 2023
$999,000
Paul Durand
Tuscan Vlg Block 2000 LLC
Condominium Deed
$599,000 · Nbt Bank National Association
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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