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Property profile & analytics
OFF-MARKET
Estimated value
$12,000,000
Hotels
435 Lk Blvd, Tahoe City, CA 96145-2276
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-9091834
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1960
Construction
WOOD
Total area
16,222 SF
Lot
1.2 ac (52,272 SF)
Zoning code
GC
APN
094-070-010-000
UPID
US09-9091834
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
$12.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.00M
Owner & transaction history
Campus Tahoe LLC · 2 yrs held
Campus Tahoe LLC
since 2024
Last sale
$12.0M
7 recorded transactions
Zoning & alternative use
GC · Tahoe City, CA
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 Tahoe City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tahoe 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
Method
Estimation
Statistic approach
$12,000,000
ML approach
$12,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.00M
Range $10.80M – $13.20M · ±10% · vs last sale $12.00M (Feb 21 2024)
Last sale anchor
$12.00M
Feb 21 2024
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
$740 / 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
$65,329
Tax year 2024
Assessed value
$5,100,000
Assessed 2024
Previous assessed
$5,100,000
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,836,000
Assessed improvement
$3,264,000
Applied tax rate
91.0000
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
1960
Construction
WOOD
Heating
NONE
Units
1
Total area
16,222 SF
Lot
1.2 ac (52,272 SF)
Zoning code
GC
APN
094-070-010-000
UPID
US09-9091834
Jurisdiction
PLACER
Zoning & alternative use
GC · Tahoe City, CA
Zoning GC · permitted uses
GC · Tahoe City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tahoe City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Units
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Campus Tahoe LLC
Entity
Free & Clear · 2 yrs held
Mailing address
401 N 36TH ST, SEATTLE, WA 98103-5679
Ownership since
2024
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
Feb 21, 2024
$12,000,000
Campus Tahoe LLC
Evolucion Innovations INC
Grant Deed
—
Jul 1, 2022
$5,000,000
Evolucion Innovations INC
Bechdolt Investments
Grant Deed
—
Nov 24, 2021
—
Tahoe Inn Investment Group
Tahoe Lodging LLC
Agreement Of Sale
—
Apr 27, 2018
—
Bechdolt Investments
Bechdolt 1985 Family Trust
Quit Claim Deed
related
—
Apr 18, 2018
—
Bechdolt Investments
Bechdolt Investments Ltd
Quit Claim Deed
related
—
Oct 13, 2005
—
Cheryl M Balbuena
Bechdolt,bernadette
Affidavit Of Death
related
—
Apr 19, 2001
—
Bechdolt Trust
Bechdolt,bernadette
Quit Claim Deed
related
—
—
—
Tahoe Lodging LLC
—
Deed Of Trust
related
$146,361 · Bank Of The West
—
—
Tahoe Lodging LLC
—
Deed Of Trust
related
$930,000 · First Cmnty Bk
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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