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Property profile & analytics
OFF-MARKET
Estimated value
$4,090,000
Motels
2201 Rancho Colorado Blvd, Bullhead City, AZ 86442-8360
Individually Owned
18-yr Hold
Free & Clear
Property ID
US07-2361233
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1990
Construction
STEEL FRAME
Total area
36,723 SF
Lot
2.18 ac (94,961 SF)
APN
214-09-085
UPID
US07-2361233
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
-
Goodnite Inn and Suites of Bullhead City Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.09M
Blend (final)
Blend
$4.09M
Owner & transaction history
Jayantibhai Patel · 18 yrs held
Jayantibhai Patel
since 2008
5 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 Bullhead City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bullhead City 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
HOTEL/MOTEL
$6,325,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,940,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$4.09M
Range $3.68M – $4.50M · ±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
$111 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$13,166
Tax year 2020
Assessed value
$352,706
Assessed 2025
Previous assessed
$267,079
+32.1% YoY
Effective rate
3.73%
On assessed value
Land market value
$232,608
Improvement market value
$1,726,867
Total market value
$1,959,475
Applied tax rate
1,579.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Stories
3
Total area
36,723 SF
Lot
2.18 ac (94,961 SF)
APN
214-09-085
UPID
US07-2361233
Jurisdiction
MOHAVE
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
$6.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.9M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
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
1990
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
3
Lot
2.18 ac
Current owner
From public records · entity-resolved
Jayantibhai Patel
Individual
Free & Clear · 18 yrs held
Mailing address
2201 RANCHO COLORADO BLVD, BULLHEAD CITY, AZ 86442-8360
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2008
$1,500,000
Jayantibhai Patel
Nofar,anatol & Midchal
Warranty Deed
related
—
Mar 16, 2006
$1,500,000
Jayantibhal Patel
Nofar,anatol & Nidhal
Warranty Deed
related
—
Feb 6, 2006
—
Jayantibhai P Patel
Patel,jayantibhai P & Jesumati J
Quit Claim Deed
related
$1,050,000 · Mirae Bank
Nov 30, 2005
$1,800,000
Jayantibhai P Patel
Nofar,anatol & Nidhal
Warranty Deed
$1,050,000 · Mirae Bank
May 13, 1999
$900,000
Anatol Nofar
First Choice Inns Ltd
Grant Deed
related
$50,000 · Seller
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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