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Property profile & analytics
OFF-MARKET
Estimated value
$15,000,000
Motels
1020 Apache Blvd Tempe, AZ 85281-5489
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-3290376
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1995
Construction
CONCRETE
Total area
6,120 SF
Lot
1.36 ac (59,111 SF)
Zoning code
C-G
APN
132-73-125
UPID
US07-3290376
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
$15.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.00M
Owner & transaction history
Apache 1020 Properties Kp6 LLC · 2 yrs held
Apache 1020 Properties Kp6 LLC
since 2024
Last sale
$15.0M
7 recorded transactions
Zoning & alternative use
C-G · Tempe, AZ
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 Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe 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
$15,000,000
ML approach
$15,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.00M
Range $13.50M – $16.50M · ±10% · vs last sale $15.00M (Mar 19 2024)
Last sale anchor
$15.00M
Mar 19 2024
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
$2,451 / 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
$48,668
Tax year 2023
Assessed value
$932,836
Assessed 2024
Previous assessed
$932,836
+0.0% YoY
Effective rate
5.22%
On assessed value
Land market value
$3,155,000
Improvement market value
$2,498,549
Total market value
$5,653,549
Applied tax rate
31,600.0000
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
1995
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
2
Units
55
Total area
6,120 SF
Lot
1.36 ac (59,111 SF)
Zoning code
C-G
APN
132-73-125
UPID
US07-3290376
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Tempe, AZZoning C-G · permitted uses
C-G · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning and development code
Building & site characteristics
From public records
Year built
1995
Construction
CONCRETE
Heating
NONE
Stories
2
Buildings
3
Units
55
Lot
1.36 ac
Current owner
From public records · entity-resolved
Apache 1020 Properties Kp6 LLC
Entity
Mailing address
704 W 9TH ST, AUSTIN, TX 78701-2214
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2024
—
Apache 1020 Properties Kp6 LLC
—
Deed
related
—
Mar 21, 2024
$15,000,000
Apache 1020 Properties Kp6 LLC
Dudley Oaks LLC
Re-recorded Document
related
—
Mar 19, 2024
$15,000,000
Kp6 LLC
Dudley Oaks LLC
Special Warranty Deed
—
Dec 20, 2018
—
Dudley Oaks LLC
—
Deed
related
$2,225,000 · Rcb Equities #1
Dec 28, 2016
—
Dudley Oaks LLC
—
Deed
related
$2,100,000 · Miscellaneous Ins Co
Sep 16, 2016
$4,800,000
Dudley Oaks LLC
Rmmv Hotel LLC
Grant Deed
$2,300,000 · Zvi Ryzman
Oct 12, 2007
$2,550,000
Rmmv Hotel LLC
Tempe Hotel Associates LLC
Warranty Deed
$1,243,713 · Western Commerce Bank
Apr 7, 1994
$1,425,000
Driggs Family Trust
F & F Hospitalit
Grant Deed
related
$825,000 · National Bank Canada
Jan 22, 1988
$375,000
F Hospitalit
—
Deed Of Trust
related
—
Jan 1, 1988
$375,000
F Hospitalit
Wilso
Grant Deed
related
—
—
—
Rmmv Hotel LLC
—
Deed Of Trust
related
$657,245 · Us Small Business Admn
—
—
Tempe Hotel Associates L L C
—
Deed Of Trust
related
$1,498,300 · National Bank Canada
—
—
Dudley Oaks LLC
—
Deed Of Trust
related
$2,225,000 · Rcb Equities #1
—
—
Dudley Oaks LLC
—
Deed Of Trust
related
$2,100,000 · Miscellaneous Ins Co
—
—
City Of Tempe
—
Deed Of Trust
related
—
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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