Technical
Financial
Distress signals
Property profile

2209 University Park Dr Okemos, MI 48864

OFF-MARKET
Hotels
Property ID
US43-1156813
130,032 SF 3.81 ac lot Built 1986
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1986
Total area 130,032 SF
Lot 3.81 ac (165,920 SF)
Zoning code GO
APN 33-06-06-04-202-010
UPID US43-1156813

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
  • Training Center
  • Hotel & Motel

Location

2209 University Park Dr Okemos, MI 48864-3967
Okemos metro Census 5600 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$965k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$990k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2023
Price N/A
2023
Price N/A
2022
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GO · Okemos, MI

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
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 2209 University Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message