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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Motels
908 Washington St Manitowoc, WI 54220-5206
Entity Owned
~
Est. High Equity
Property ID
US92-0182477
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1962
Total area
35,376 SF
Lot
0.79 ac (34,500 SF)
APN
52-000-240-010.00
UPID
US92-0182477
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
-
Econo Lodge Hotel & Motel
-
Days Inn by Wyndham Manitowoc Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Maniwash Properties LLC
Maniwash Properties LLC
since 2025
Last sale
$605,000
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 Manitowoc submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manitowoc 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
$540,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $605k (Feb 20 2025)
Last sale anchor
$605k
Feb 20 2025
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
$17 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$24,313
Tax year 2023
Assessed value
$1,399,200
Assessed 2023
Previous assessed
$1,166,000
+20.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$155,300
Assessed improvement
$1,243,900
Land market value
$155,478
Improvement market value
$1,245,322
Total market value
$1,400,800
Applied tax rate
251.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1962
Heating
NONE
Stories
3
Units
1
Total area
35,376 SF
Lot
0.79 ac (34,500 SF)
APN
52-000-240-010.00
UPID
US92-0182477
Jurisdiction
MANITOWOC
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Stories
3
Units
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Maniwash Properties LLC
Entity
Mailing address
908 WASHINGTON ST, MANITOWOC, WI 54220-5206
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
$900,000
Maniwash Properties LLC
Ccc Real Estate Holdings Co LLC
Warranty Deed
—
Aug 15, 2025
$1,490,000
Ccc Real Estate Holding Co LLC
Shrijee LLC
Deed
related
—
Feb 20, 2025
$1,490,000
Ccc Real Estate Holding Co LLC
Shrijee LLC
Deed
related
—
Sep 13, 2021
—
Shrijee LLC
—
Deed
related
$1,628,022 · Newtek Small Business Finance LLC
Nov 26, 2018
—
Shrijee LLC
—
Deed
related
$636,600 · Readycap Lndg
—
—
Shrijee LLC
—
Deed Of Trust
related
$149,000 · Readycap Lndg
—
—
Shrijee LLC
—
Deed Of Trust
related
$636,600 · Readycap Lndg
—
—
Shruee LLC
—
Deed Of Trust
related
—
—
—
Shrijee LLC
—
Deed Of Trust
related
$100,000 · Bmo Harris Bank
—
—
Shrijee LLC
—
Deed Of Trust
related
$50,000 · M & I Marshall & Isley Bank
—
—
Shrijee LLC
—
Deed Of Trust
related
$576,000 · Community Bank & Trust Co
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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