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Property profile & analytics
OFF-MARKET
Estimated value
$12,430,000
Motels
2305 Longport Ct Elk Grove, CA 95758-7127
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2221665
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2007
Construction
WOOD
Total area
68,244 SF
Lot
2.57 ac (111,949 SF)
Zoning code
GC
APN
119-1990-006-0000
UPID
US09-2221665
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
-
Hampton Inn & Suites Sacramento-Elk Grove Laguna I-5 Hotel & Motel
-
Tesla Destination Charger Electric Vehicle Charging Station
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
WW Studio @ Hampton Inn & Suites Elk Grove Weight Loss Service Wellness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.53M
Comparable Approach
Comparable
$11.68M
Blend (final)
Blend
$12.43M
Owner & transaction history
Dhillon Elk Grove LLC
Dhillon Elk Grove LLC
since 2025
Last sale
$14.8M
4 recorded transactions
Zoning & alternative use
GC · Elk Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$19.5M
+8.2%
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 Elk Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elk Grove 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
by Request
CAP Approach
CAP Return
Estimation
6%
$9,240,000
6.5%
$8,530,000
7%
$7,920,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$18,055,000
Current use
APARTMENT HOUSE (5+ UNITS)
$19,545,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$17,765,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,620,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$15,940,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$12.43M
Range $11.19M – $13.67M · ±10% · vs last sale $14.75M (Nov 26 2025)
Last sale anchor
$14.75M
Nov 26 2025
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
$182 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$132,532
Tax year 2024
Assessed value
$8,237,691
Assessed 2024
Previous assessed
$8,237,691
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$967,159
Assessed improvement
$7,270,532
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Buildings
2
Stories
4
Units
110
Total area
68,244 SF
Lot
2.57 ac (111,949 SF)
Zoning code
GC
APN
119-1990-006-0000
UPID
US09-2221665
Jurisdiction
SACRAMENTO
Zoning & alternative use
GC · Elk Grove, CA
Zoning GC · permitted uses
GC · Elk Grove, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elk Grove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$18.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$19.5M
MEDICAL BUILDING
Est. value
$17.8M
AUTO REPAIR, GARAGE
Est. value
$17.6M
COMMERCIAL (GENERAL)
Est. value
$15.9M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Stories
4
Buildings
2
Units
110
Lot
2.57 ac
Current owner
From public records · entity-resolved
Dhillon Elk Grove LLC
Entity
Mailing address
12735 MORRIS RD EXT STE #400, ALPHARETTA, GA 30004-8904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Nov 26, 2025
$14,750,000
Dhillon Elk Grove LLC
Elk Grove Finance LP
Grant Deed
$10,000,000 · Wells Fargo Bank NA
Jun 30, 2011
—
Elk Grove Finance LP
Dominion Lodging Elk Grove LLC
Deed In Lieu Of Foreclosure
related
—
Jul 25, 2007
$13,860,000
Dominion Lodging Elk Grove LLC
Palmetto Hospitality Of Elk Grove L
Grant Deed
$14,300,000 · Wachovia Bank NA
Jun 14, 2006
—
Palmetto Hospitality Of Elk Grove
M & E Gateway LLC
Grant Deed
$11,000,000 · Bank Of America
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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