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Property profile & analytics
OFF-MARKET
Estimated value
$2,280,000
Hotels
2060 Eastern Blvd, Montgomery, AL 36117-1616
Trust Owned
11-yr Hold
~
Est. High Equity
Property ID
US03-0303804
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Total area
47,067 SF
Lot
2.32 ac (100,972 SF)
Zoning code
B-3
APN
10-06-24-2-002-001.003
UPID
US03-0303804
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
-
Wingate by Wyndham Montgomery Hotel & Motel
-
Windscreen casino montgimery 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
$2.28M
Owner & transaction history
Yu Family Trust · 11 yrs held
Yu Family Trust
since 2014
7 recorded transactions
Zoning & alternative use
B-3 · Montgomery, AL
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 Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,645,000
Change: -17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,610,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.28M
Range $2.05M – $2.51M · ±10%
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
$48 / 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
$39,519
Tax year 2023
Assessed value
$1,106,180
Assessed 2023
Previous assessed
$1,106,180
+0.0% YoY
Effective rate
3.57%
On assessed value
Assessed land
$80,800
Assessed improvement
$1,025,380
Land market value
$404,000
Improvement market value
$5,126,900
Total market value
$5,530,900
Applied tax rate
2.0000
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
1999
Heating
FORCED AIR
Cooling
YES
Stories
3
Units
83
Rooms
89
Bathrooms
1
Total area
47,067 SF
Lot
2.32 ac (100,972 SF)
Zoning code
B-3
APN
10-06-24-2-002-001.003
UPID
US03-0303804
Jurisdiction
MONTGOMERY
Zoning & alternative use
B-3 · Montgomery, AL
Zoning B-3 · permitted uses
B-3 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montgomery. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
83
Rooms
89
Bathrooms
1
Lot
2.32 ac
Current owner
From public records · entity-resolved
Yu Family Trust
Trust
Mailing address
2060 EASTERN BLVD, MONTGOMERY, AL 36117-1616
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
May 17, 2021
—
Ja Yu Yun
—
Deed
related
$1,450,000 · Metro City Bank
May 4, 2021
—
Ja Yu Yun
—
Deed
related
$3,800,000 · Metro City Bank
Jul 11, 2018
—
Ja Yu Yun
—
Deed
related
$2,500,000 · Open Bank
Nov 24, 2014
$3,199,000
Yu Family Trust
B 3 D LLC
Grant Deed
$1,974,000 · Bbcn Bk
—
—
B3d LLC
—
Deed Of Trust
related
$2,400,000 · Guaranty Bond Bank
—
—
Montgomery Hospitality LLC
—
Deed Of Trust
related
$3,780,000 · Hometown Commercial Capital
—
—
Yu Family Trust
—
Deed Of Trust
related
$2,500,000 · Open Bk
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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