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Property profile & analytics
OFF-MARKET
Hotels
515 Edwards St, Independence, CA 93526
Individually Owned
11-yr Hold
Free & Clear
Property ID
US09-1252449
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1936
Construction
WOOD
Total area
744 SF
Lot
0.32 ac (13,899 SF)
APN
002-113-07-00
UPID
US09-1252449
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
Mt Williamson Motel & Base Cam · 11 yrs held
Mt Williamson Motel & Base Cam
since 2015
7 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 Independence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Independence 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
$9,956
Tax year 2023
Assessed value
$895,119
Assessed 2023
Previous assessed
$895,119
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$343,103
Assessed improvement
$552,016
Applied tax rate
57.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1936
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
9
Bathrooms
3
Total area
744 SF
Lot
0.32 ac (13,899 SF)
APN
002-113-07-00
UPID
US09-1252449
Jurisdiction
INYO
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
1936
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
3
Lot
0.32 ac
Current owner
From public records · entity-resolved
Mt Williamson Motel & Base Cam
Individual
Free & Clear · 11 yrs held
Mailing address
PO BOX 128, INDEPENDENCE, CA 93526-0128
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2015
$100,100
Mt Williamson Motel & Base Cam
Bunnell,douglas
Grant Deed
—
Feb 1, 2013
$280,000
Douglas Bunnell
Kenn,paul & Henriette I
Grant Deed
—
Feb 25, 2004
$166,500
Paul Kenn
White,richard A & Kathleen A
Grant Deed
$136,500 · Paul & Heriette I Kenn
Jul 23, 1999
$50,000
Richard A White
Byl Bank Group
Grant Deed
—
Jun 18, 1999
—
Byl Bank Group
Powell,james L
Grant Deed
related
—
May 12, 1992
—
James L|vintage Motel Powell
—
Grant Deed
related
—
Oct 30, 1989
—
—
—
Grant Deed
related
—
—
—
Mt Williamson Motel & Base Cam
—
Deed Of Trust
related
$85,000 · Cris Chater
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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