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Property profile & analytics
OFF-MARKET
Hotels
1202 Pasadena Blvd 90 Pasadena, TX 77506-4725
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2764085
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1959
Construction
BRICK
Total area
9,640 SF
Lot
1.89 ac (82,498 SF)
APN
650330000112
UPID
US82-2764085
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
-
Pasadena Inn & Suites Hotel & Motel
-
Pasadena Motel Hotel & Motel
-
Midtown Plaza Inn Business Service Center Corporate Office
-
Frontier Garage Door Repair Pasadena Building Supply General Contractor
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
Aptpm LLC · 3 yrs held
Aptpm LLC
since 2023
3 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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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 2022Property tax & assessments
Tax year 2022
Tax billed
$30,516
Tax year 2022
Assessed value
$2,892,835
Assessed 2024
Previous assessed
$2,684,409
+7.8% YoY
Effective rate
1.05%
On assessed value
Assessed land
$989,976
Assessed improvement
$1,902,859
Land market value
$989,976
Improvement market value
$1,902,859
Total market value
$2,892,835
Applied tax rate
21.0000
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
1959
Construction
BRICK
Heating
RADIANT
Cooling
OTHER
Buildings
7
Stories
1
Total area
9,640 SF
Lot
1.89 ac (82,498 SF)
APN
650330000112
UPID
US82-2764085
Jurisdiction
HARRIS
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
1959
Construction
BRICK
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
7
Lot
1.89 ac
Current owner
From public records · entity-resolved
Aptpm LLC
Entity
Mailing address
2205 AVE I STE #117, ROSENBERG, TX 77471-2651
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2023
—
Aptpm LLC
Musket Ridge Investments LLC
Special Warranty Deed
$2,565,000 · Avatar Reit I LLC
Jan 10, 2022
—
Musket Ridge Investments LLC
M I L K Hospitality INC
Venders Lien
$2,200,000 · M I L K Hospitality INC
Jan 8, 1998
—
M I L K Hospitality INC
Brady,bernard C & Elvina A
Grant Deed
$800,000 · Seller
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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