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Property profile & analytics
OFF-MARKET
Hotels
201 Caroline St Carson City, NV 89703-3906
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0242893
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1966
Total area
11,684 SF
Lot
0.11 ac (4,792 SF)
Zoning code
DT-MU
APN
003-285-02
UPID
US62-0242893
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
-
Carson Heights | Rylexa Properties Apartment Complex Apartment Building
-
Carson Heights - Formerly Silver Queen Inn Apartment Building Apartment Complex
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
Carson Heights LLC · 6 yrs held
Carson Heights LLC
since 2019
7 recorded transactions
Zoning & alternative use
DT-MU · Carson City, NV
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 Carson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carson City 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 2024Property tax & assessments
Tax year 2024
Tax billed
$8,603
Tax year 2024
Assessed value
$218,270
Assessed 2024
Previous assessed
$199,819
+9.2% YoY
Effective rate
3.94%
On assessed value
Assessed land
$29,129
Assessed improvement
$189,141
Land market value
$83,227
Improvement market value
$540,404
Total market value
$623,631
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
1966
Heating
YES
Cooling
YES
Stories
4
Bathrooms
5
Total area
11,684 SF
Lot
0.11 ac (4,792 SF)
Zoning code
DT-MU
APN
003-285-02
UPID
US62-0242893
Jurisdiction
CARSON CITY
Zoning & alternative use
DT-MU · Carson City, NV
Zoning DT-MU · permitted uses
DT-MU · Carson City, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carson City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Heating
YES
Cooling
Yes
Stories
4
Bathrooms
5
Lot
0.11 ac
Current owner
From public records · entity-resolved
Carson Heights LLC
Entity
Mailing address
595 HUMBOLDT ST, RENO, NV 89509-1673
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2022
—
Carson Heights LLC
—
Deed
related
$32,175,000 · Tri Counties Bank
Nov 25, 2020
—
Carson Heights LLC
—
Deed
related
$1,350,000 · American River Bk
Nov 1, 2019
$1,600,000
Carson Heights LLC
1802 North Carson Street LLC
Grant Deed
—
Sep 25, 2019
$1,400,000
1802 North Carson Street LLC
Retro Inn LLC
Grant Deed
—
Nov 23, 2016
—
Retro Inn LLC
—
Deed
related
$825,000 · Greater Nv Cu
Oct 14, 2016
—
Retro Inn LLC
Jaccarla LLC
Grant Deed
—
Sep 2, 2016
$1,572,840
Jaccarla LLC
1464 Rand Avenue LLC
Grant Deed
$69,142 · 1464 Rand Avenue LLC
Sep 30, 2014
$849,000
1464 Rand Avenue LLC
Silver Queen Inn LLC
Grant Deed
$700,000 · Vernon Millard
Jun 7, 2010
$18,429
Carson City State Of Nevada
Carson City State Of Nevada
Grant Deed
related
—
Dec 28, 2005
—
Silver Queen Inn LLC
Millard Dwight C Trust
Grant Deed
—
—
—
1464 Rand Avenue LLC
—
Deed Of Trust
related
$250,000 · Matsuhara Associates LLC
—
—
Silver Queen LLC
—
Deed Of Trust
related
$115,659 · Sandra P Millard
—
—
1464 Rand Avenue LLC
—
Deed Of Trust
related
$120,000 · Al Kramer
—
—
1464 Rand Avenue LLC
—
Deed Of Trust
related
$125,000 · Private Individual
—
—
Retro Inn LLC
—
Deed Of Trust
related
$825,000 · Greater Nv Cu
—
—
Carson Heights LLC
—
Deed Of Trust
related
$1,350,000 · American River Bk
—
—
Silver Queen LLC
—
Deed Of Trust
related
$226,270 · Vernon Millard
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
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