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Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Hotels
160 Montrose W Ave Copley, OH 44321-1372
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-5483982
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Construction
FRAME
Total area
32,444 SF
Lot
1.05 ac (45,738 SF)
APN
17-02010
UPID
US66-5483982
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
-
Best Western Plus West Akron Inn & Suites Hotel & Motel
-
Comfort Inn & Suites Hotel & Motel
-
Comfort Inn & Suites Copley Akron Hotel & Motel
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Blossom music center Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
Apex Hotels Realty LLC · 1 yrs held
Apex Hotels Realty LLC
since 2024
Last sale
$1.1M
7 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 Copley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Copley 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
$900,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
$1,440,000
6.5%
$1,330,000
7%
$1,235,000
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±10% · vs last sale $1.10M (Jul 8 2022)
Last sale anchor
$1.10M
Jul 8 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
$34 / 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
$55,154
Tax year 2023
Assessed value
$843,070
Assessed 2023
Previous assessed
$843,070
+0.0% YoY
Effective rate
6.54%
On assessed value
Assessed land
$118,340
Assessed improvement
$724,730
Land market value
$338,100
Improvement market value
$2,070,650
Total market value
$2,408,750
Applied tax rate
17.0000
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
1997
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Units
54
Total area
32,444 SF
Lot
1.05 ac (45,738 SF)
APN
17-02010
UPID
US66-5483982
Jurisdiction
SUMMIT
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
1997
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
54
Lot
1.05 ac
Current owner
From public records · entity-resolved
Apex Hotels Realty LLC
Entity
Mailing address
160 MONTROSE W AVE, COPLEY, OH 44321-1372
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2024
$2,408,750
Apex Hotels Realty LLC
Othi Re LLC
Warranty Deed
$2,635,000 · First Chatham Bank
Jul 8, 2022
$2,500,000
M & L Hospitaltity LLC
Kandy Fatheree
Sheriffs Deed
related
$2,150,000 · First Chatham Bank
Sep 7, 2012
—
M & L Hospitality LLC
Lavani,ram
Deed Of Trust
related
$1,045,000 · West Town Savings Bank
Mar 19, 2012
—
M & L Hospitality LLC
Lavani,ram & Pooja
Quit Claim Deed
related
—
Feb 28, 2012
$1,100,000
Ram Lavani
Sheriff Of Summit County
Trustees Deed
related
—
Jan 15, 2008
$2,100,000
Sun Lodging LLC
Patel,champakbhai
Warranty Deed
$2,275,000 · Huntington National Bank
Sep 23, 2002
$2,020,000
Champakbhai Patel
Priyanka INC
Grant Deed
$2,250,000 · National Republic Bank Chicago
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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