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Property profile & analytics
FOR SALE
Hotels
201 Ashley Ave Charleston, SC 29403
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-3025038
For Sale
1 / 52
Contact for pricing
201 Ashley Ave, Charleston, SC 29403
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1985
Total area
3,784 SF
Lot
0.16 ac (6,970 SF)
APN
460-11-04-005
UPID
US77-3025038
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
-
The Ashley Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.25M
Blend (final)
Blend
$3.92M
Owner & transaction history
201 Ashley LLC · 4 yrs held
201 Ashley LLC
since 2022
Last sale
$3.8M
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 Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charleston 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
$4,670,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,825,000
Current use
COMMERCIAL (GENERAL)
$2,715,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$3.92M
Range $3.53M – $4.31M · ±10% · vs last sale $3.78M (Apr 7 2022)
Last sale anchor
$3.78M
Apr 7 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
$1,036 / 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
$46,140
Tax year 2023
Assessed value
$167,630
Assessed 2023
Previous assessed
$102,320
+63.8% YoY
Effective rate
27.52%
On assessed value
Land market value
$1,115,000
Improvement market value
$2,610,000
Total market value
$3,725,000
Applied tax rate
7.0000
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
For Sale
Year built
1985
Heating
HEAT PUMP
Stories
1
Total area
3,784 SF
Lot
0.16 ac (6,970 SF)
APN
460-11-04-005
UPID
US77-3025038
Jurisdiction
CHARLESTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.7M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
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
1985
Heating
HEAT PUMP
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
201 Ashley LLC
Entity
Mailing address
1000 JOHNNIE DODDS BLVD STE #103, MOUNT PLEASANT, SC 29464-3135
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
Mar 9, 2023
—
201 Ashley LLC
—
Deed
related
$160,000 · Beacon Community Bank
Apr 7, 2022
$3,775,000
201 Ashley LLC
Ashley Inn LLC
Deed
$3,125,000 · Beacon Community Bank
Feb 4, 2019
$1,165,000
Ashley Inn LLC
Vrhk LLC
Grant Deed
—
Apr 28, 2017
$1,296,968
Vrhk LLC
201 Ashley Avenue LLC
Grant Deed
—
Jan 23, 2013
—
201 Ashley Avenue LLC
—
Trustees Deed
related
$622,500 · Capital Bank NA
—
—
201 Ashley Avenue LLC
—
Deed Of Trust
related
$697,000 · Rbc Centura Bank
—
—
201 Ashley Avenue LLC
—
Deed Of Trust
related
$622,500 · Capital Bank NA
—
—
201 Ashley Avenue LLC
—
Deed Of Trust
related
$541,000 · Capital Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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