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Property profile & analytics
OFF-MARKET
Estimated value
$5,055,000
Hotels
5253 Howell Ave, Milwaukee, WI 53207-6112
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US92-2020255
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1986
Total area
44,820 SF
Lot
2.13 ac (92,783 SF)
Zoning code
LB1
APN
641-0091-100
UPID
US92-2020255
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
-
milwakeeoffshorefishing Resort
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Super 8 by Wyndham Milwaukee Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.06M
Owner & transaction history
Mantra Hospitality LLC · 4 yrs held
Mantra Hospitality LLC
since 2022
Last sale
$4.6M
5 recorded transactions
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.9M
+481.7%
Auto repair, garage
$5.9M
+396.7%
Retail stores
$5.6M
+371.5%
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 Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee 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
$5,585,000
ML approach
$5,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,925,000
Change: +482% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,915,000
Change: +397% · Conversion: Difficult
RETAIL STORES
$5,615,000
Change: +372% · Conversion: Difficult
RESTAURANT
$5,500,000
Change: +362% · Conversion: Difficult
OFFICE BUILDING
$4,115,000
Change: +246% · Conversion: Difficult
MEDICAL BUILDING
$3,460,000
Change: +191% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,255,000
Change: +174% · Conversion: Difficult
Blend value · Realmo final
$5.06M
Range $4.55M – $5.56M · ±10% · vs last sale $4.62M (May 19 2022)
Last sale anchor
$4.62M
May 19 2022
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
$113 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$96,700
Tax year 2022
Assessed value
$4,061,300
Assessed 2022
Previous assessed
$4,061,300
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$631,000
Assessed improvement
$3,430,300
Land market value
$631,000
Improvement market value
$3,430,300
Total market value
$4,061,300
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
Status
Off-Market
Year built
1986
Heating
NONE
Cooling
YES
Stories
3
Units
116
Total area
44,820 SF
Lot
2.13 ac (92,783 SF)
Zoning code
LB1
APN
641-0091-100
UPID
US92-2020255
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB1 · Milwaukee, WI
Zoning LB1 · permitted uses
LB1 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.9M
AUTO REPAIR, GARAGE
Est. value
$5.9M
RETAIL STORES
Est. value
$5.6M
RESTAURANT
Est. value
$5.5M
OFFICE BUILDING
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1986
Heating
NONE
Cooling
Yes
Stories
3
Units
116
Lot
2.13 ac
Current owner
From public records · entity-resolved
Mantra Hospitality LLC
Entity
Mailing address
5253 S HOWELL AVE, MILWAUKEE, WI 53207-6112
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
$4,615,000
Mantra Hospitality LLC
Dev Enterprise LLC
Special Warranty Deed
$3,702,000 · Home Loan And Investment Bank Fsb
Feb 23, 2022
—
Dev Enterprises LLC
—
Deed
related
$2,000,000 · United States Small Business Admin
May 16, 2016
—
Dev Ent LLC
—
Deed
related
$2,000,000 · Commerce St Bk
Feb 29, 2016
$4,000,000
Dev Enterprise LLC
Dhir Group LLC
Warranty Deed
$2,000,000 · Commerce State Bank
—
—
Dev Ent LLC
—
Deed Of Trust
related
$2,000,000 · Commerce St 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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