Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,940,000
Hotels
2000 Ostrems Way San Bernardino, CA 92407-1824
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1611070
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1990
Construction
WOOD FRAME
Total area
56,924 SF
Lot
3.96 ac (172,498 SF)
APN
0266-561-30-0000
UPID
US10-1611070
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
-
Days Inn San Bernardino-University Parkway Hotel & Motel
-
San Bernardino Inn & Suites Hotel & Motel
-
VICTORIA'S INN💯 Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.37M
CAP Approach
CAP
$5.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.94M
Owner & transaction history
Dipak Patel · 6 yrs held
Dipak Patel
since 2020
Last sale
$6.2M
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 San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino 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
$8,030,000
ML approach
$8,370,000
CAP Approach
CAP Return
Estimation
6%
$6,390,000
6.5%
$5,895,000
7%
$5,475,000
Blend value · Realmo final
$6.94M
Range $6.25M – $7.63M · ±10% · vs last sale $6.20M (Jan 22 2020)
Last sale anchor
$6.20M
Jan 22 2020
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
$122 / 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
$85,470
Tax year 2023
Assessed value
$6,215,000
Assessed 2024
Previous assessed
$6,911,499
-10.1% YoY
Effective rate
1.38%
On assessed value
Assessed land
$2,900,000
Assessed improvement
$3,315,000
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
1990
Construction
WOOD FRAME
Heating
NONE
Stories
5
Units
113
Rooms
7
Bathrooms
2
Total area
56,924 SF
Lot
3.96 ac (172,498 SF)
APN
0266-561-30-0000
UPID
US10-1611070
Jurisdiction
SAN BERNARDINO
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
1990
Construction
WOOD FRAME
Heating
NONE
Stories
5
Units
113
Rooms
7
Bathrooms
2
Lot
3.96 ac
Current owner
From public records · entity-resolved
Dipak Patel
Individual
Mailing address
1609 N MTN AVE #294, UPLAND, CA 91784-1732
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
—
Rameshchandra H Patel
—
Deed
related
$6,800,000 · Secured Income Fund II LLC
Nov 14, 2023
—
Rameshchandra H Patel
—
Deed
related
$1,200,000 · The Rajiv & Anjanaben Desai Family Trust
Jul 5, 2022
—
Rameshchandra H Patel
—
Deed
related
$1,400,000 · Ashok Gandhi Etux
Apr 29, 2020
—
Rameshchandra H Patel
—
Deed
related
$2,500,000 · First General Bank
Jan 22, 2020
—
Dipak Patel
Patel Panna
Quit Claim Deed
related
$3,760,000 · Exchange No 2019010 (zyra)
Jan 22, 2020
$7,750,000
Ab,r H Living Trust
Zyra Hospitality LLC
Grant Deed
$3,760,000 · Exchange No 2019010 (zyra)
May 10, 2018
$6,200,000
Zyra Hospitality LLC
Oceanic San Bernardino LLC
Grant Deed
$3,100,000 · First General Bank
Jun 5, 2017
$4,425,000
Oceanic San Bernardino LLC
Ahome Real Estate LLC
Receivers Deed
$2,150,000 · Access Point Financial INC
Jul 31, 2015
$5,750,000
Ahome Real Estate LLC
University Inn Of America INC
Grant Deed
—
Aug 26, 2010
—
City Of San Bernardino
San Bernardino Cnty Transporta
Quit Claim Deed
related
—
Jun 22, 1999
$2,300,000
University Inn Of America
Sindy New Enterprise Corp
Grant Deed
$1,500,000 · Seller
Sep 4, 1998
$1,755,021
Kdlc Lease & Finance Ltd
Prime East INC
Trustees Deed
related
—
Jul 11, 1996
—
East USA I Prime
—
Deed Of Trust
related
—
Apr 23, 1991
—
Yong H Cho
—
Deed Of Trust
related
—
Aug 10, 1989
—
Royatex Int INC
—
Grant Deed
related
$4,900,000 · Seoul Bank California
—
—
Sindy New Enterprises Corp
—
Deed Of Trust
related
$600,000 · Mgi Funding Group INC
—
—
Sindy New Enterprises Corp
—
Deed Of Trust
related
$200,000 · Individual
—
—
Yong H Cho
—
Deed Of Trust
related
$300,000 · Bank Of Seoul
—
—
University In Of America INC
—
Deed Of Trust
related
$1,000,000 · Imperial Bank
—
—
University In Of America INC
—
Deed Of Trust
related
$1,103,000 · Zions First National Bank
—
—
Yong H Cho
—
Deed Of Trust
related
$4,900,000 · Seoul Bank California
—
—
Yong H Cho
—
Deed Of Trust
related
$500,000 · Seoul Bank California
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2000 Ostrems Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
