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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Hotels
2067 Hastings Way Altoona, WI 54720-2207
Individually Owned
6-yr Hold
Free & Clear
Property ID
US92-0396908
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Lot
0.46 ac (19,820 SF)
Zoning code
FAIRFAX COMMERCIAL
APN
18201-2-270927-220-2034
UPID
US92-0396908
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
-
Evenox Motel, LLC Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Marlo M Erickson · 6 yrs held
Marlo M Erickson
since 2020
4 recorded transactions
Zoning & alternative use
FAIRFAX COMMERCIAL · Altoona, WI
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 Altoona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altoona 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
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
—
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
$9,267
Tax year 2023
Assessed value
$525,400
Assessed 2023
Previous assessed
$525,400
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$127,100
Assessed improvement
$398,300
Total market value
$579,200
Applied tax rate
112.0000
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/MOTEL
Status
Off-Market
Heating
NONE
Lot
0.46 ac (19,820 SF)
Zoning code
FAIRFAX COMMERCIAL
APN
18201-2-270927-220-2034
UPID
US92-0396908
Jurisdiction
EAU CLAIRE
Zoning & alternative use
FAIRFAX COMMERCIAL · Altoona, WIZoning FAIRFAX COMMERCIAL · permitted uses
FAIRFAX COMMERCIAL · Altoona, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City of Altoona, WI
Building & site characteristics
From public records
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
Marlo M Erickson
Individual
Free & Clear · 6 yrs held
Mailing address
927 LORING ST STE #2, ALTOONA, WI 54720-1195
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2020
$126,300
Marlo M Erickson
Kelly L Steinmetz
Quit Claim Deed
related
—
Feb 24, 2020
—
Evenox Motel LLC
Marlo M Erickson
Quit Claim Deed
related
—
Feb 4, 2020
—
Steinmetz,elmer A Living Trust
Elmer A Steinmetz
Correction Deed
related
—
Dec 13, 2019
—
Marlo M Erickson
Steinmetz Elmer A L/tr
Quit Claim Deed
—
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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