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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Hotels
8931 Lk Blvd Kings Beach, CA 96143
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-9382603
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1953
Construction
TILT-UP CONCRETE
Total area
3,832 SF
Lot
0.26 ac (11,325 SF)
Zoning code
HDR
APN
090-222-012-000
UPID
US09-9382603
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
$1.60M
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Vijay Sekhon · 4 yrs held
Vijay Sekhon
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
HDR · Kings Beach, CA
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 Kings Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kings Beach 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
$1,550,000
ML approach
$1,600,000
CAP Approach
CAP Return
Estimation
6%
$1,235,000
6.5%
$1,140,000
7%
$1,060,000
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10% · vs last sale $2.00M (Feb 18 2022)
Last sale anchor
$2.00M
Feb 18 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
$432 / 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
$25,799
Tax year 2024
Assessed value
$2,080,800
Assessed 2024
Previous assessed
$2,080,800
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$624,240
Assessed improvement
$1,456,560
Applied tax rate
91.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1953
Construction
TILT-UP CONCRETE
Heating
FLOOR/WALL FURNACE
Units
7
Bathrooms
8
Total area
3,832 SF
Lot
0.26 ac (11,325 SF)
Zoning code
HDR
APN
090-222-012-000
UPID
US09-9382603
Jurisdiction
PLACER
Zoning & alternative use
HDR · Kings Beach, CA
Zoning HDR · permitted uses
HDR · Kings Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kings Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Construction
TILT-UP CONCRETE
Heating
FLOOR/WALL FURNACE
Units
7
Bathrooms
8
Lot
0.26 ac
Current owner
From public records · entity-resolved
Vijay Sekhon
Individual
Free & Clear · 4 yrs held
Mailing address
3365 QUILICI RD, RENO, NV 89511-6541
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2022
—
Vijay S Sekhon
—
Deed
related
$1,000,000 · Thomas V White
Feb 18, 2022
$2,000,000
Vijay Sekhon
Incline Village Company LLC
Grant Deed
—
Jul 27, 2020
—
Incline Village Co LLC
Incline Village Co LLC
Quit Claim Deed
related
$225,000 · Daniel Burke
Dec 20, 2019
$1,060,000
Incline Village Co LLC
Andrew T Ryan
Grant Deed
$1,080,000 · Daniel Phillips
May 11, 2007
$546,000
Andrew T Ryan
Y6 Motel LLC
Grant Deed
$273,000 · Greater Bay Bank
Mar 3, 2005
—
Y6 Motel LLC
Soukoulis,richard D & Robin G
Grant Deed
—
Jul 9, 2004
$500,000
Richard D Soukoulis
Ac & M Co INC
Grant Deed
$400,000 · Loancity Com
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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