Property profile

40 Main St North Adams, MA 01247

OFF-MARKET
Hotels
Property ID
US38-0209452
82,241 SF 1.71 ac lot Built 1974
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1974
Construction STEEL FRAME
Total area 82,241 SF
Lot 1.71 ac (74,488 SF)
APN NADA M:126 B:0000 L:20
UPID US38-0209452

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
  • Insurance Agency
  • Real Estate Agency
  • Restaurant
  • Hotel & Motel
  • Hotel & Motel

Location

40 Main St North Adams, MA 01247-3407
North Adams metro Census 935300 PITTSFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.54M
CAP Approach CAP
$7.67M
Comparable Approach Comparable
$6.92M
Blend (final) Blend
$6.16M

Owner & transaction history

since 2021
Last sale
$4.5M
7 recorded transactions
2021
$4.5M
2010
Price N/A
2009
$2.6M
2003
Price N/A
1998
Price N/A
1993
Price N/A
1993
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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