Technical
Financial
Distress signals
Property profile

1915 Borneman Ave Elkhart, IN 46517

OFF-MARKET
Turn key restaurants
Property ID
US31-3554460
2,068 SF 0.36 ac lot Built 1951
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1951
Construction WOOD
Total area 2,068 SF
Lot 0.36 ac (15,856 SF)
APN 20-06-18-108-008.000-012
UPID US31-3554460

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bar & Pub

Location

1915 Borneman Ave Elkhart, IN 46517-1333
Elkhart metro Census 2300 ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2019
3 recorded transactions
2019
$80,000
2015
Price N/A
2007
Price N/A

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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