Back to Search
Property profile & analytics
OFF-MARKET
Hotels
2033 Penrose Ave Philadelphia, PA 19145-5623
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0264799
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
136,100 SF
Lot
3.61 ac (157,339 SF)
Zoning code
CMX3
APN
88-3-7415-00
UPID
US73-0264799
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
-
Radisson Hotel Philadelphia, PA Hotel & Motel
-
Holiday Inn Philadelphia Arpt-Stadium Area, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vraj Brig Pa LLC · 4 yrs held
Vraj Brig Pa LLC
since 2022
7 recorded transactions
Zoning & alternative use
CMX3 · Philadelphia, PA
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 Philadelphia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Philadelphia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$110,630
Tax year 2023
Assessed value
$7,903,300
Assessed 2023
Previous assessed
$7,903,300
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$2,823,460
Assessed improvement
$5,079,840
Land market value
$2,823,460
Improvement market value
$5,079,840
Total market value
$7,903,300
Applied tax rate
26.0000
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
20
Total area
136,100 SF
Lot
3.61 ac (157,339 SF)
Zoning code
CMX3
APN
88-3-7415-00
UPID
US73-0264799
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CMX3 · Philadelphia, PA
Zoning CMX3 · permitted uses
CMX3 · Philadelphia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Philadelphia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
20
Lot
3.61 ac
Current owner
From public records · entity-resolved
Vraj Brig Pa LLC
Entity
Mailing address
2033 PENROSE AVE, PHILADELPHIA, PA 19145-5623
Mailing matches property
Yes
Owner-occupied
Yes
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
—
Vraj Brig Pa LLC
—
Deed
related
$12,000,000 · Bcb Community Bank
Apr 22, 2021
—
Vraj Brig Pa LLC
—
Deed
related
$3,019,083 · Bcb Community Bank
Aug 5, 2019
—
Vraj Brig Pa LLC
—
Deed
related
$2,500,000 · Rosdev Capital Funding LP
Nov 5, 2018
—
Vraj Brig Pa LLC
—
Deed
related
$3,100,000 · Bcb Cmnty Bk
Apr 5, 2017
—
Ld Acquisition Co 14 LLC
—
Grant Deed
related
$65,000,000 · Whitney Bk
Sep 27, 2016
—
Vraj Brig Pa LLC
—
Deed
related
$4,250,000 · Rosdev Capital Funding LP Rosdev Capital Funding LP
Nov 2, 2012
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$1,400,000 · Rosdev Cap Fndg LP
—
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$3,100,000 · Bcb Cmnty Bk
—
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$5,000,000 · Bcb Cmnty Bk
—
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$2,200,000 · Sheth Recovery LLC
—
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$2,500,000 · Rosdev Capital Funding LP
—
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$500,000 · Pushpinder Cheema
—
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$500,000 · Noah Bk
—
—
Vraj Brig LLC
—
Deed Of Trust
related
$4,200,000 · Blue Ball National Bank
—
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$5,000,000 · Noah Bank
—
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$4,250,000 · Rosdev Capital Funding LP Rosdev Capital Funding LP
—
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$1,260,000 · Singer Financial Corp
—
—
Vraj Brig Pa LLC
—
Deed Of Trust
related
$3,600,000 · Sheth Recovery LLC
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 2033 Penrose 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.
