Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,070,000
Hotels
2010 Butler Ave Flagstaff, AZ 86004-6007
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-3107587
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1980
Construction
STEEL FRAME
Total area
9,158 SF
Lot
2.32 ac (101,059 SF)
APN
106-03-005V
UPID
US07-3107587
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
-
Motel 6 Flagstaff, AZ - Butler Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.23M
Blend (final)
Blend
$6.07M
Owner & transaction history
Mc Butler LLC · 5 yrs held
Mc Butler LLC
since 2020
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+28.3%
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 Flagstaff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flagstaff 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
$7,265,000
ML approach
$7,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,695,000
Current use
RESTAURANT
$4,740,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$6.07M
Range $5.46M – $6.68M · ±10% · vs last sale $5.50M (Jul 31 2020)
Last sale anchor
$5.50M
Jul 31 2020
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
$663 / 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
$45,744
Tax year 2023
Assessed value
$821,447
Assessed 2024
Previous assessed
$786,252
+4.5% YoY
Effective rate
5.57%
On assessed value
Assessed land
$288,785
Assessed improvement
$532,662
Land market value
$1,750,213
Improvement market value
$3,228,254
Total market value
$4,978,467
Applied tax rate
150.0000
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/MOTEL
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
4
Stories
2
Total area
9,158 SF
Lot
2.32 ac (101,059 SF)
APN
106-03-005V
UPID
US07-3107587
Jurisdiction
COCONINO
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
$3.7M
RESTAURANT
Est. value
$4.7M
HOTEL/MOTEL Current
RESTAURANT
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
1980
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
4
Lot
2.32 ac
Current owner
From public records · entity-resolved
Mc Butler LLC
Entity
Mailing address
PO BOX 237, FLAGSTAFF, AZ 86002-0237
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
—
M6 Butler LLC
—
Deed
related
$4,692,000 · Bbcn Bank
Jul 31, 2020
$5,500,000
Mc Butler LLC
G6 Hospitality Property LLC
Special Warranty Deed
—
Sep 15, 2017
—
G6 Hospitality Property LLC
—
Deed
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 7, 2017
—
G6 Hospitality Property LLC
—
Deed
related
$201,000,000 · Jpmorgan Chase Bank NA
Nov 6, 2012
—
G6 Hospitality Property LLC
Motel 6 Operating LP
Warranty Deed
related
—
Feb 8, 2008
$45,613
Motel 6 Operating
M6 Remainder II LLC
Grant Deed
—
Feb 8, 2008
$4,423,345
Motel 6 Operating
Us Bank National Assn
Grant Deed
—
Feb 12, 1998
$4,898,500
M6 Remainder II LLC
Motel 6 Operating LP
Trustees Deed
—
Feb 12, 1998
$27,100
State Street Bank & Trust Co
Motel 6 Operating LP
Trustees Deed
related
—
—
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
—
—
M6 Butler LLC
—
Deed Of Trust
related
$1,200,000 · Arti & Mitul Patel
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?”
You own 2010 Butler Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
