Back to Search
Property profile & analytics
FOR SALE
Hotels
6001 La Madrona Dr Santa Santa Cruz, CA 95060
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1834978
For Sale
1 / 22
$5,755,000
6001 La Madrona Dr,Unit Santa, Santa Cruz, CA 95060
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Construction
WOOD
Total area
135,788 SF
Lot
7.59 ac (330,620 SF)
APN
021-141-07
UPID
US09-1834978
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
$5.76M
Owner & transaction history
Ashford Scotts Valley LP · 7 yrs held
Ashford Scotts Valley LP
since 2019
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 Santa Cruz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Cruz 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$9,520,000
Current use
Blend value · Realmo final
$5.76M
Range $5.18M – $6.33M · ±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
$42 / 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
$274,941
Tax year 2024
Assessed value
$35,276,000
Assessed 2024
Previous assessed
$35,276,000
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$8,469,203
Assessed improvement
$26,806,797
Applied tax rate
4.0000
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
For Sale
Year built
1999
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
6
Units
181
Total area
135,788 SF
Lot
7.59 ac (330,620 SF)
APN
021-141-07
UPID
US09-1834978
Jurisdiction
SANTA CRUZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$9.5M
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
1999
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
6
Units
181
Lot
7.59 ac
Current owner
From public records · entity-resolved
Ashford Scotts Valley LP
Entity
Mailing address
14185 DALLAS PKWY STE #1100, DALLAS, TX 75254-4308
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2020
—
Ashford Scotts Valley LP
—
Deed
related
$27,020,000 · Us Bk NA Series 2015-gc30 (ce)
Feb 27, 2019
$24,672,245
Ashford Scotts Valley LP
A7pp Hsv LLC
Grant Deed
—
Mar 12, 2015
$37,573,000
A7pp Hsv LLC
Lnr Scotts Valley Hotel LLC
Grant Deed
$27,020,000 · Starwood Mortgage Capital LLC
Mar 11, 2014
—
Lnr Scotts Valley Hotel LLC
Ccms 2005-cd1 La Madrona LP
Quit Claim Deed
—
Jan 24, 2011
$10,150,000
Ccms 2005-cd1 La Madrona LP
First American Title Ins
Trustees Deed
related
—
Dec 23, 1999
—
Inn At Scotts Valley LLC
—
Deed Of Trust
related
$1,000,000 · Community Bank Central Ca
May 1, 1998
—
Inn At Scotts LLC
Inn At Scotts Valley
Quit Claim Deed
related
$15,370,000 · Bank Of Salinas
Oct 22, 1997
$1,900,000
Skj Investments LLC
Presiding Bshp Chrch Jesus Chr
Grant Deed
$1,710,000 · Seller
—
—
Inn At Scotts Valley LLC
—
Deed Of Trust
related
$2,000,000 · Community Bank Central Ca
—
—
Ashford Scotts Valley LP
—
Loan Modification
related
$27,020,000 · Us Bk NA Series 2015-gc30 (ce)
—
—
Scotts Valley LLC
—
Deed Of Trust
related
$350,500 · Scotts Valley City
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
