Technical
Financial
Distress signals
Property profile

6231 Washington St Indianapolis, IN 46241

OFF-MARKET
Hotels
Property ID
US31-0640242
14,352 SF 1.6 ac lot Built 1991
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1991
Construction WOOD
Total area 14,352 SF
Lot 1.6 ac (69,565 SF)
Zoning code ZO01
APN 49-12-13-107-003.000-930
UPID US31-0640242

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
  • Hotel & Motel
  • Restaurant

Location

6231 Washington St Indianapolis, IN 46241-3117
Indianapolis metro Census 342101 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
1969
Price N/A

Zoning & alternative use

ZO01 · Indianapolis, IN

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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