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Property profile & analytics
OFF-MARKET
Estimated value
$12,150,000
Motels
1419 Virginia Ave College Park, GA 30337-2205
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1683597
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1973
Construction
WOOD
Total area
117,924 SF
Lot
3.04 ac (132,466 SF)
Zoning code
CL
APN
14 0130 LL0179
UPID
US22-1683597
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
$9.86M
CAP Approach
CAP
$10.92M
Comparable Approach
Comparable
$11.97M
Blend (final)
Blend
$12.15M
Owner & transaction history
Narayan Airport Hotel LLC · 4 yrs held
Narayan Airport Hotel LLC
since 2022
Last sale
$13.5M
7 recorded transactions
Zoning & alternative use
CL · College Park, 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 College Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College Park 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
$13,150,000
ML approach
$9,855,000
CAP Approach
CAP Return
Estimation
6%
$11,830,000
6.5%
$10,920,000
7%
$10,140,000
Blend value · Realmo final
$12.15M
Range $10.94M – $13.37M · ±10% · vs last sale $13.50M (May 2 2022)
Last sale anchor
$13.50M
May 2 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
$103 / 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
$152,420
Tax year 2023
Assessed value
$5,400,000
Assessed 2023
Previous assessed
$4,100,200
+31.7% YoY
Effective rate
2.82%
On assessed value
Assessed land
$530,400
Assessed improvement
$4,869,600
Land market value
$1,326,000
Improvement market value
$12,174,000
Total market value
$13,500,000
Applied tax rate
15.0000
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
1973
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
224
Total area
117,924 SF
Lot
3.04 ac (132,466 SF)
Zoning code
CL
APN
14 0130 LL0179
UPID
US22-1683597
Jurisdiction
FULTON
Zoning & alternative use
CL · College Park, GAZoning CL · permitted uses
CL · College Park, GA
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
1973
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
224
Lot
3.04 ac
Current owner
From public records · entity-resolved
Narayan Airport Hotel LLC
Entity
Mailing address
2030 AVALON PKWY STE #200, MCDONOUGH, GA 30253-3096
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
May 2, 2022
$13,500,000
Narayan Airport Hotel LLC
Yc Atlanta Hotel LLC
Warranty Deed
$15,000,000 · Argentic Real Estate Investment
Nov 19, 2019
$10,260,000
Yc Atlanta Hotel LLC
Rlh Atlanta LLC
Grant Deed
$9,236,000 · Access Pt Fin'l
Sep 4, 2015
—
Rlh Atlanta LLC
Surrey Capital LLC
Quit Claim Deed
related
$9,400,000 · Private Individual
Sep 4, 2015
$6,250,000
Rlh Atlanta LLC
Surrey Capital LLC
Warranty Deed
—
Jun 10, 2014
—
Surrey Capital LLC
—
Trustees Deed
related
$200,000 · Knight Johnson LLC
Jun 11, 2012
$6,000,000
Surrey Capital LLC
Rm Hotels INC
Grant Deed
related
$3,030,000 · Citizens Tr Bk Mtg Svcs
—
—
Surrey Capital LLC
—
Deed Of Trust
related
$115,880 · Private Individual
—
—
Florida Busn Dev Corp
—
Deed Of Trust
related
$3,030,000 · Citizens Trust 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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