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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Hotels
1020 Cosby Hwy Newport, TN 37821-7321
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-3175057
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Construction
CONCRETE
Total area
42,092 SF
Lot
1.71 ac (74,488 SF)
APN
015056 01701
UPID
US80-3175057
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
-
Hampton Inn Newport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Om Newport LLC · 8 yrs held
Om Newport LLC
since 2017
5 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 Newport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport 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
by Request
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$19 / 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
$114,999
Tax year 2023
Assessed value
$2,312,920
Assessed 2023
Previous assessed
$2,312,920
+0.0% YoY
Effective rate
4.97%
On assessed value
Assessed land
$49,480
Assessed improvement
$2,263,440
Land market value
$123,700
Improvement market value
$5,658,600
Total market value
$5,782,300
Applied tax rate
15.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2017
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Bathrooms
75
Total area
42,092 SF
Lot
1.71 ac (74,488 SF)
APN
015056 01701
UPID
US80-3175057
Jurisdiction
COCKE
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
2017
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
75
Lot
1.71 ac
Current owner
From public records · entity-resolved
Om Newport LLC
Entity
Mailing address
6705 SHALLOWFORD RD, CHATTANOOGA, TN 37421-1711
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2017
$8,676,000
Om Newport LLC
Newport Hotel Group INC
Warranty Deed
related
$6,940,800 · Bank Of Cleveland
Aug 19, 2014
—
Newport Hotel Group INC
Newport Hospitality INC
Quit Claim Deed
related
—
Sep 29, 2008
—
Newport Hospitality INC
Patel,samir & Harishkumar
Grant Deed
$5,360,000 · Tennessee State Bank
Sep 15, 2008
$210,100
Samir Patel
Mims,charlotte J
Warranty Deed
—
Apr 11, 2008
$500,000
Samir Patel
Mims,charlotte N J
Warranty Deed
$350,000 · Charlotte N J Mims
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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