Property profile

2101 Morthland Dr Valparaiso, IN 46383

OFF-MARKET
Hotels
Property ID
US31-0850505
31,200 SF 1.49 ac lot Built 1996
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1996
Construction WOOD
Total area 31,200 SF
Lot 1.49 ac (65,122 SF)
APN 64-10-30-204-003.000-004
UPID US31-0850505

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
  • Hotel & Motel

Location

2101 Morthland Dr Valparaiso, IN 46383-5970
Valparaiso metro Census 50802 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.10M
CAP Approach CAP
$3.06M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.08M

Owner & transaction history

since 2023
Last sale
$4.8M
7 recorded transactions
2024
Price N/A
2023
$4.8M
2020
Price N/A
2016
Price N/A
2015
Price N/A
2006
Price N/A
1969
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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