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Property profile & analytics
OFF-MARKET
Estimated value
$3,725,000
Hotels
1201 Townplace Dr Montgomery, AL 36106-2914
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US03-0325494
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Total area
42,100 SF
Lot
2.85 ac (124,146 SF)
Zoning code
B-3
APN
10-06-13-3-000-006.006
UPID
US03-0325494
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
$3.46M
CAP Approach
CAP
$3.33M
Comparable Approach
Comparable
$4.78M
Blend (final)
Blend
$3.73M
Owner & transaction history
Maansi LLC · 3 yrs held
Maansi LLC
since 2022
Last sale
$4.7M
5 recorded transactions
Zoning & alternative use
B-3 · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.8M
+45.9%
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 Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery 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
$3,475,000
ML approach
$3,455,000
CAP Approach
CAP Return
Estimation
6%
$3,600,000
6.5%
$3,325,000
7%
$3,085,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,945,000
Current use
MEDICAL BUILDING
$5,755,000
Change: +46% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,260,000
Change: -17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,225,000
Change: -18% · Conversion: Difficult
RETAIL STORES
$3,205,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.73M
Range $3.35M – $4.10M · ±10% · vs last sale $4.65M (Dec 30 2022)
Last sale anchor
$4.65M
Dec 30 2022
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
$88 / 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
$40,609
Tax year 2023
Assessed value
$1,057,400
Assessed 2023
Previous assessed
$1,057,400
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$99,320
Assessed improvement
$958,080
Land market value
$496,600
Improvement market value
$4,790,400
Total market value
$5,287,000
Applied tax rate
2.0000
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
1998
Heating
FORCED AIR
Cooling
YES
Stories
3
Units
79
Rooms
79
Bathrooms
1
Total area
42,100 SF
Lot
2.85 ac (124,146 SF)
Zoning code
B-3
APN
10-06-13-3-000-006.006
UPID
US03-0325494
Jurisdiction
MONTGOMERY
Zoning & alternative use
B-3 · Montgomery, AL
Zoning B-3 · permitted uses
B-3 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montgomery. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$5.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$3.2M
RETAIL STORES
Est. value
$3.2M
HOTEL/MOTEL Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
79
Rooms
79
Bathrooms
1
Lot
2.85 ac
Current owner
From public records · entity-resolved
Maansi LLC
Entity
Mailing address
1201 TOWNPLACE DR, MONTGOMERY, AL 36106-2914
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Dec 30, 2022
$4,650,000
Maansi LLC
Dhan Estates LLC
Warranty Deed
$4,034,400 · Peoples Bank
Feb 20, 2018
$2,000,000
Dhan Estates LLC
P1 Properties No 64 LLC
Warranty Deed
—
Sep 5, 2014
—
Pi Properties 64 LLC
Bre Select Hotels Southeast Ll
Grant Deed
—
Sep 6, 2013
$1,404,000
Bre Select Hotels Southeast Ll
Bre Select Hotels Props LLC
Grant Deed
—
Jun 3, 2013
—
Bre Select Hotels Properties LLC
Bre Select Hotels Pa LLC
Limited Warranty Deed
—
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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