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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Motels
341 Highland Ave, Seekonk, MA 02771-5807
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-1802400
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1972
Total area
43,970 SF
Lot
4.21 ac (183,388 SF)
Zoning code
HB
APN
SEEK M:0080 B:0000 L:00430
UPID
US38-1802400
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
-
Quality Inn Seekonk-Providence Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.02M
Owner & transaction history
Mahant Hospitality LLC · 9 yrs held
Mahant Hospitality LLC
since 2017
6 recorded transactions
Zoning & alternative use
HB · Seekonk, MA
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 Seekonk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seekonk 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
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,170,000
Current use
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10%
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
$23 / 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
$101,796
Tax year 2024
Assessed value
$3,818,300
Assessed 2024
Previous assessed
$3,818,300
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$997,200
Assessed improvement
$2,821,100
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
1972
Heating
NONE
Buildings
3
Stories
2
Total area
43,970 SF
Lot
4.21 ac (183,388 SF)
Zoning code
HB
APN
SEEK M:0080 B:0000 L:00430
UPID
US38-1802400
Jurisdiction
SEEKONK
Zoning & alternative use
HB · Seekonk, MA
Zoning HB · permitted uses
HB · Seekonk, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seekonk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.2M
HOTEL/MOTEL Current
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
1972
Heating
NONE
Stories
2
Buildings
3
Lot
4.21 ac
Current owner
From public records · entity-resolved
Mahant Hospitality LLC
Entity
Mailing address
213 TAUNTON AVE, SEEKONK, MA 02771-5320
Ownership since
2017
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
May 8, 2017
$4,350,000
Mahant Hospitality LLC
Laxmi Group INC
Quit Claim Deed
$3,413,000 · Navigant Cu
Apr 16, 2008
—
Laxmi Group INC
—
Deed Of Trust
related
$100,000 · Navigant Cu
Jul 9, 2004
—
Laxmi Group INC
—
Deed Of Trust
related
$350,000 · Credit Union Central Falls
Oct 22, 2003
$3,300,000
Laxmi Grp INC
Oly Rlty One LLC
Grant Deed
$3,075,000 · Credit Union Central Falls
Mar 3, 2000
$3,150,000
Oly Realty 1 LLC
Wilton Hotels INC
Grant Deed
—
Mar 10, 1994
—
Telahc Properties LP
—
Deed Of Trust
related
$66,450,000 · Nomura Asset Capital
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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