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Property profile & analytics
OFF-MARKET
Hotels
323 Stewart St Carson City, NV 89701-4293
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US62-0398972
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1938
Total area
1,600 SF
Lot
0.66 ac (28,750 SF)
Zoning code
DT-MU
APN
004-226-01
UPID
US62-0398972
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
-
323 Flats Apartment Building
-
Stewart Street Inn Hotel & Motel
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
Lake71 LLC · 4 yrs held
Lake71 LLC
since 2022
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
DT-MU · Carson City, NV
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 Carson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carson City 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 2024Property tax & assessments
Tax year 2024
Tax billed
$17,781
Tax year 2024
Assessed value
$498,030
Assessed 2024
Previous assessed
$468,982
+6.2% YoY
Effective rate
3.57%
On assessed value
Assessed land
$169,932
Assessed improvement
$328,098
Land market value
$485,520
Improvement market value
$937,422
Total market value
$1,422,942
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1938
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Bathrooms
1
Total area
1,600 SF
Lot
0.66 ac (28,750 SF)
Zoning code
DT-MU
APN
004-226-01
UPID
US62-0398972
Jurisdiction
CARSON CITY
Zoning & alternative use
DT-MU · Carson City, NV
Zoning DT-MU · permitted uses
DT-MU · Carson City, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carson City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1938
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Lake71 LLC
Entity
Mailing address
1412 SS ST STE #200, SACRAMENTO, CA 95811-7155
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
$3,900,000
Lake71 LLC
Srch Properties LLC
Bargain And Sale Deed
$4,816,000 · Conventus LLC
Dec 7, 2015
—
Yolanda M Castillo
Newman,patricia M
Affidavit Of Death
related
—
Oct 31, 2013
$1,210,000
Srch Properties LLC
Newman Patricia Trust
Grant Deed
$610,000 · Newman Patricia Trust (pt)
Apr 10, 2013
—
Newman,patricia Trust
—
Trustees Deed
related
$100,000 · Gary & Dian Gelman
Jan 7, 2008
—
Newman Patricia Trust
Newman,patricia M
Quit Claim Deed
related
—
Jun 14, 1996
$1,800,000
Patricia M Newman
David Glass Investments LLC
Grant Deed
$1,440,000 · Seller
Dec 8, 1995
—
David Glass Investments LLC
—
Deed Of Trust
related
$1,500,000 · Guaranty Bank
—
—
Patricia M Newman
—
Deed Of Trust
related
$224,500 · Wells Fargo Bank Arizona
—
—
Patricia M Newman
—
Deed Of Trust
related
$396,000 · Wells Fargo Bank Arizona
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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