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Property profile & analytics
OFF-MARKET
Estimated value
$9,450,000
Hotels
10975 Georgia Ln Alpharetta, GA 30022-1540
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1663423
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Total area
67,363 SF
Lot
2.79 ac (121,532 SF)
Zoning code
OI
APN
12 287007960147
UPID
US22-1663423
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
-
Hilton Garden Inn Atlanta Northpoint Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.67M
Blend (final)
Blend
$9.45M
Owner & transaction history
Lrp Hotels Of Alpharetta LLC · 3 yrs held
Lrp Hotels Of Alpharetta LLC
since 2023
Last sale
$11.3M
4 recorded transactions
Zoning & alternative use
OI · Alpharetta, 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 Alpharetta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alpharetta 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
$9,230,000
ML approach
$8,785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$12,690,000
Current use
Blend value · Realmo final
$9.45M
Range $8.51M – $10.40M · ±10% · vs last sale $11.28M (May 24 2023)
Last sale anchor
$11.28M
May 24 2023
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
$140 / 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
$157,121
Tax year 2023
Assessed value
$5,566,520
Assessed 2023
Previous assessed
$2,805,280
+98.4% YoY
Effective rate
2.82%
On assessed value
Assessed land
$803,560
Assessed improvement
$4,762,960
Land market value
$2,008,900
Improvement market value
$11,907,400
Total market value
$13,916,300
Applied tax rate
10.0000
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
2000
Heating
YES
Cooling
YES
Stories
1
Units
125
Total area
67,363 SF
Lot
2.79 ac (121,532 SF)
Zoning code
OI
APN
12 287007960147
UPID
US22-1663423
Jurisdiction
FULTON
Zoning & alternative use
OI · Alpharetta, GA
Zoning OI · permitted uses
OI · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alpharetta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$12.7M
HOTEL/MOTEL Current
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
2000
Heating
YES
Cooling
Yes
Stories
1
Units
125
Lot
2.79 ac
Current owner
From public records · entity-resolved
Lrp Hotels Of Alpharetta LLC
Entity
Mailing address
123 CANAL ST STE #201, POOLER, GA 31322-4104
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
$11,275,000
Lrp Hotels Of Alpharetta LLC
Ml Northpoint Holding LLC
Warranty Deed
$8,945,630 · State Bank Of Texas
Mar 28, 2016
—
Ml Northpoint Holding LLC
Garden Hospitality V Lllp
Quit Claim Deed
related
—
Mar 28, 2016
$14,951,600
Ml Northpoint Holding LLC
Garden Hospitality V Lllp
Trustees Deed
$34,500,000 · Branch Bk&tr
—
—
Garden Hospitality V Lllp
—
Deed Of Trust
related
$10,000,000 · Wfb NA
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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