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Property profile & analytics
OFF-MARKET
Estimated value
$1,640,000
Hotels
8910 6th SW St Cedar Rapids, IA 52404-7053
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US25-0196595
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2004
Total area
33,637 SF
Lot
2.15 ac (93,654 SF)
APN
19-20-4-78-002-0-0000
UPID
US25-0196595
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
-
AmericInn by Wyndham Cedar Rapids Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$995k
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.64M
Owner & transaction history
Aarna Hotels LLC · 1 yrs held
Aarna Hotels LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+205.4%
Commercial (general)
$2.5M
+185.8%
Apartment house (5+ units)
$2.2M
+151.7%
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 Cedar Rapids submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Rapids 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
$2,220,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,080,000
6.5%
$995,000
7%
$925,000
Alternative Use
Use
Estimation
RESTAURANT
$2,645,000
Change: +205% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,475,000
Change: +186% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,180,000
Change: +152% · Conversion: Difficult
OFFICE BUILDING
$1,820,000
Change: +110% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,765,000
Change: +104% · Conversion: Difficult
MEDICAL BUILDING
$1,690,000
Change: +95% · Conversion: Difficult
RETAIL STORES
$1,585,000
Change: +83% · Conversion: Difficult
Blend value · Realmo final
$1.64M
Range $1.48M – $1.80M · ±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
$49 / 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
$89,374
Tax year 2022
Assessed value
$3,079,400
Assessed 2023
Previous assessed
$3,079,400
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$415,000
Assessed improvement
$2,664,400
Land market value
$415,000
Improvement market value
$2,664,400
Total market value
$3,079,400
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/MOTEL
Status
Off-Market
Year built
2004
Heating
NONE
Stories
3
Units
60
Total area
33,637 SF
Lot
2.15 ac (93,654 SF)
APN
19-20-4-78-002-0-0000
UPID
US25-0196595
Jurisdiction
LINN
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
RESTAURANT
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
RESTAURANT
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2004
Heating
NONE
Stories
3
Units
60
Lot
2.15 ac
Current owner
From public records · entity-resolved
Aarna Hotels LLC
Entity
Mailing address
8910 6TH ST SW, CEDAR RAPIDS, IA 52404-7053
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Jun 3, 2025
—
Aarna Hotels LLC
Ishan Hospitality INC
Warranty Deed
$3,122,000 · Gbank
Feb 27, 2025
$3,849,875
Aarna Hotels LLC
Ishan Hospitality INC
Warranty Deed
$3,122,000 · Gbank
Jan 4, 2022
$3,100,000
Ishan Hospitality INC
Cedar Rapids Lodge & Suites LLC
Warranty Deed
$1,449,000 · First Dakota National Bank
Jun 9, 2016
—
Cedar Rapids Ldg & Suites LLC
—
Deed
related
$2,500,000 · Clear Lake Bk&tr
May 25, 2016
—
Cedar Rapids Ldg & Suites LLC
—
Deed
related
$2,500,000 · Clear Lake Bk&tr
Apr 16, 2012
—
Cedar Rapids Ldg & Suites LLC
—
Deed Of Trust
related
$1,700,000 · Clear Lake Bk&tr
—
—
Cedar Rapids Ldg & Suites LLC
—
Loan Modification
related
$2,500,000 · Clear Lake Bk&tr
—
—
Cedar Rapids Ldg & Suites LLC
—
Loan Modification
related
$2,500,000 · Clear Lake Bk&tr
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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