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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Hotels
1075 Montlimar Dr Mobile, AL 36609-1708
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0232496
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Total area
28,178 SF
Lot
1.82 ac (79,236 SF)
APN
28 07 25 2 000 022.010
UPID
US03-0232496
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
-
Townplace Suites by Marriott Homestay
-
TownePlace Suites Mobile Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.29M
Comparable Approach
Comparable
$2.95M
Blend (final)
Blend
$2.50M
Owner & transaction history
Montlimar Hospitality LLC · 7 yrs held
Montlimar Hospitality LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$4.0M
+62.9%
Office building
$2.7M
+11.0%
Commercial (general)
$2.5M
+3.3%
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 Mobile submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mobile 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,475,000
6.5%
$2,285,000
7%
$2,120,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,440,000
Current use
INDUSTRIAL (GENERAL)
$3,975,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$2,710,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,520,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±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
$89 / 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
$77,866
Tax year 2023
Assessed value
$1,108,300
Assessed 2023
Previous assessed
$1,108,300
+0.0% YoY
Effective rate
7.03%
On assessed value
Assessed land
$91,520
Assessed improvement
$1,016,780
Land market value
$457,600
Improvement market value
$5,083,900
Total market value
$5,541,500
Applied tax rate
14.0000
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
1999
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
3
Bathrooms
4
Total area
28,178 SF
Lot
1.82 ac (79,236 SF)
APN
28 07 25 2 000 022.010
UPID
US03-0232496
Jurisdiction
MOBILE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
OFFICE BUILDING
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.5M
HOTEL/MOTEL Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
2
Bathrooms
4
Lot
1.82 ac
Current owner
From public records · entity-resolved
Montlimar Hospitality LLC
Entity
Mailing address
4 E LANCASTER AVE, PAOLI, PA 19301-1402
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 9, 2018
$7,600,000
Montlimar Hospitality LLC
Nf II Ci Mobile Montilmar LLC
Warranty Deed
$8,799,000 · Centennial Bank
Dec 16, 2014
$7,170,000
Nf II Of Ci Mobile LLC
Mckibbon Land Holdings LLC
Quit Claim Deed
related
$6,969,000 · Wells Fargo Bk
Dec 16, 2014
$2,012
Nf II Ci Mobile Montilmar LLC A Del
Mckibbon Land Holdings LLC A Florid
Warranty Deed
—
Oct 26, 2010
$765,500
Mckibbon Land Holdings LLC
Mckibbon Brothers INC
Grant Deed
—
—
—
Mckibbon Hotel Group Of Mobile 4
—
Deed Of Trust
related
$4,064,222 · Jb Mckibbon Ltd
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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