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Property profile & analytics
OFF-MARKET
Hotels
25419 State Rd 2nd 2 South Bend, IN 46619-4806
Entity Owned
~
Est. High Equity
Property ID
US31-1804062
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1984
Construction
TYPE NOT SPECIFIED
Total area
7,328 SF
Lot
2.58 ac (112,250 SF)
APN
71-07-12-251-004.000-029
UPID
US31-1804062
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Elite Motel LLC
Elite Motel LLC
since 2025
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 South Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Bend 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$7,151
Tax year 2023
Assessed value
$285,900
Assessed 2023
Previous assessed
$285,900
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$79,200
Assessed improvement
$206,700
Land market value
$79,200
Improvement market value
$206,700
Total market value
$285,900
Applied tax rate
29.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
16
Total area
7,328 SF
Lot
2.58 ac (112,250 SF)
APN
71-07-12-251-004.000-029
UPID
US31-1804062
Jurisdiction
ST JOSEPH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
16
Lot
2.58 ac
Current owner
From public records · entity-resolved
Elite Motel LLC
Entity
Mailing address
15455 BROOKSTONE CT, GRANGER, IN 46530-6265
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2025
—
Elite Motel LLC
Royal Inn South Bend LLC
Warranty Deed
$275,000 · Royal Inn South Bend LLC
Sep 20, 2021
—
Royal Inn South Bend LLC
Sai Ram Southbend INC
Quit Claim Deed
related
—
May 4, 2015
—
Sai Ram Southbend INC
National Republic Bank Of Chic
Warranty Deed
—
Mar 27, 2014
$166,250
Natl Republic Bank Of Chicago
St Joseph County Sheriff
Sheriffs Deed
related
—
Oct 25, 2006
—
Hetvi Inn INC
Royal Inn INC
Warranty Deed
—
Sep 28, 2006
—
Hetvi Inn INC
Royal Inn INC
Warranty Deed
$200,000 · The National Republic Bank Of Chica
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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