Property profile

2401 Del Monte Ave Monterey, CA 93940

OFF-MARKET
Hotels
Property ID
US09-0274242
25,094 SF 0.94 ac lot
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Total area 25,094 SF
Lot 0.94 ac (40,800 SF)
APN 011-432-007-000
UPID US09-0274242

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
  • Hotel & Motel

Location

2401 Del Monte Ave Monterey, CA 93940-3870
Monterey metro Census 13300 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.57M

Owner & transaction history

since 2005
7 recorded transactions
2016
Price N/A
2005
$5.1M
1998
Price N/A
1998
$691,000
1997
$3.8M
1969
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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