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Property profile & analytics
OFF-MARKET
Hotels
1031 Virginia Ave Atlanta, GA 30354-1319
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1346099
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1988
Total area
386,354 SF
Lot
10.03 ac (436,907 SF)
Zoning code
CR
APN
14 0127 LL0828
UPID
US22-1346099
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
-
CONjuration Event Planning Wedding Service
-
Divine Experiences Hair Salon & Barber Shop Hair Salon Nail Salon
-
Hilton Atlanta Airport Hotel & Motel
-
Encore IT Consulting Firm Tech Support Center
-
RedEye Southern Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hosp Atlga Ap LLC · 1 yrs held
Hosp Atlga Ap LLC
since 2025
Last sale
$111.3M
7 recorded transactions
Zoning & alternative use
CR · Atlanta, GA
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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$894,651
Tax year 2023
Assessed value
$31,696,000
Assessed 2023
Previous assessed
$19,051,920
+66.4% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,376,240
Assessed improvement
$30,319,760
Land market value
$3,440,600
Improvement market value
$75,799,400
Total market value
$79,240,000
Applied tax rate
30.0000
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
1988
Heating
YES
Cooling
YES
Stories
1
Units
504
Total area
386,354 SF
Lot
10.03 ac (436,907 SF)
Zoning code
CR
APN
14 0127 LL0828
UPID
US22-1346099
Jurisdiction
FULTON
Zoning & alternative use
CR · Atlanta, GA
Zoning CR · permitted uses
CR · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
YES
Cooling
Yes
Stories
1
Units
504
Lot
10.03 ac
Current owner
From public records · entity-resolved
Hosp Atlga Ap LLC
Entity
Free & Clear · 1 yrs held
Mailing address
660 STEAMBOAT RD FL #3, GREENWICH, CT 06830-7150
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
Mar 31, 2025
$111,300,000
Hosp Atlga Ap LLC
Ws Haa Owner LLC
Deed
—
Mar 31, 2025
—
Hosp Atlga Ap LLC
Ws Haa Owner LLC
Quitclaim Deed
related
—
Jun 24, 2019
$101,000,000
Ws Haa Owner LLC
Hapeville Hotel Limited Partnership
Limited Warranty Deed
$75,000,000 · Wells Fargo
Apr 19, 2019
$100,000
Hapeville Hotel LP
Park Hotels & Resorts INC
Grant Deed
—
Nov 3, 2017
$750,000
1031 Virginia Ave LLC
Scott Property Ventures LLC
Warranty Deed
$600,000 · First Landmark Bk
Dec 6, 2007
—
Hapeville Hotel
—
Grant Deed
related
—
Oct 16, 2007
—
Hapeville,hotel Limited Partne
Hilton Hotels Corp
Grant Deed
related
—
—
—
Hapeville Hotel LP
—
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.
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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