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Property profile & analytics
OFF-MARKET
Estimated value
$7,185,000
Motels
1310 Wilmington Pike West Chester, PA 19382-8218
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0077114
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1998
Total area
40,668 SF
Lot
2.5 ac (108,900 SF)
Zoning code
R2
APN
6504 00730100
UPID
US73-0077114
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
-
British Swim School at Holiday Inn Express & Suites West Chester, an IHG Hotel Swimming School Baby Swimming School
-
Holiday Inn Express & Suites West Chester, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.57M
CAP Approach
CAP
$7.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.19M
Owner & transaction history
Rishi Hotel LLC · 4 yrs held
Rishi Hotel LLC
since 2022
Last sale
$6.5M
7 recorded transactions
Zoning & alternative use
R2 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.4M
+268.8%
Apartment house (5+ units)
$5.9M
+241.4%
Office building
$5.8M
+233.4%
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 West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester 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
$8,085,000
ML approach
$7,565,000
CAP Approach
CAP Return
Estimation
6%
$7,895,000
6.5%
$7,285,000
7%
$6,765,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,415,000
Change: +269% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,940,000
Change: +241% · Conversion: Difficult
OFFICE BUILDING
$5,800,000
Change: +233% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,610,000
Change: +222% · Conversion: Difficult
RESTAURANT
$5,360,000
Change: +208% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,830,000
Change: +178% · Conversion: Difficult
Blend value · Realmo final
$7.19M
Range $6.47M – $7.90M · ±10% · vs last sale $6.50M (Jun 13 2022)
Last sale anchor
$6.50M
Jun 13 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
$177 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$75,540
Tax year 2024
Assessed value
$1,982,625
Assessed 2024
Previous assessed
$1,982,625
+0.0% YoY
Effective rate
3.81%
On assessed value
Assessed land
$475,680
Assessed improvement
$1,506,945
Land market value
$475,680
Improvement market value
$1,571,175
Total market value
$2,046,855
Applied tax rate
65.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1998
Heating
YES
Cooling
WINDOW A/C
Units
75
Total area
40,668 SF
Lot
2.5 ac (108,900 SF)
Zoning code
R2
APN
6504 00730100
UPID
US73-0077114
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · West Chester, PA
Zoning R2 · permitted uses
R2 · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$6.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.9M
OFFICE BUILDING
Est. value
$5.8M
WAREHOUSE, STORAGE
Est. value
$5.6M
RESTAURANT
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$4.8M
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
WAREHOUSE, STORAGE
RESTAURANT
AUTO REPAIR, GARAGE
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
YES
Cooling
Yes
Units
75
Lot
2.5 ac
Current owner
From public records · entity-resolved
Rishi Hotel LLC
Entity
Mailing address
1310 WILMINGTON PIKE, WEST CHESTER, PA 19382-8218
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2024
—
Rishi Hotel LLC
—
Deed
related
$2,747,000 · Trenton Business Assistance Corporation
Jun 13, 2022
$6,500,000
Rishi Hotel LLC
Api West Chester LLC
Receivers Deed
$4,455,000 · Unity Bank
Jun 13, 2022
—
Rishi Hotel LLC
—
Deed
related
$2,673,000 · Unity Bank
Sep 6, 2006
$6,100,000
Brandywine Hospitality
Malya,p A G & P A R
Grant Deed
$4,840,000 · Sun National Bank
Nov 4, 2002
—
Govinda Malya
—
Deed Of Trust
related
$4,100,000 · First National Bank Chester
—
—
Brandywine Hospitality LP
—
Deed Of Trust
related
$6,550,000 · Starwood Mtg Cap
—
—
Brandywine Hospitality LP
—
Deed Of Trust
related
$400,000 · Roma Bank
—
—
Brandywine Hospitality
—
Deed Of Trust
related
$500,000 · Roma Bank
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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