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Property profile & analytics
OFF-MARKET
Estimated value
$11,625,000
Hotels
2345 Atrium Way Nashville, TN 37214-5100
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-3391154
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1985
Total area
68,420 SF
Lot
2.56 ac (111,514 SF)
Zoning code
CS
APN
095-10-0-126-00
UPID
US80-3391154
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
-
La Quinta Inn & Suites by Wyndham Nashville Airport/Opryland Hotel & Motel
-
Nashville va hospital Hospital
-
Geodis park Gym & Fitness Center Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.63M
Owner & transaction history
Hotel Nashville LLC · 4 yrs held
Hotel Nashville LLC
since 2022
Last sale
$13.0M
6 recorded transactions
Zoning & alternative use
CS · Nashville, TN
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 Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville 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
$12,005,000
ML approach
$8,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$16,830,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$11.63M
Range $10.46M – $12.79M · ±10% · vs last sale $13.00M (Jul 12 2022)
Last sale anchor
$13.00M
Jul 12 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
$170 / 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
$118,478
Tax year 2023
Assessed value
$3,641,000
Assessed 2023
Previous assessed
$3,641,000
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$446,040
Assessed improvement
$3,194,960
Land market value
$1,115,100
Improvement market value
$7,987,400
Total market value
$9,102,500
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
1985
Heating
CENTRAL
Cooling
CENTRAL
Stories
6
Total area
68,420 SF
Lot
2.56 ac (111,514 SF)
Zoning code
CS
APN
095-10-0-126-00
UPID
US80-3391154
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Nashville, TN
Zoning CS · permitted uses
CS · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nashville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.8M
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
1985
Heating
CENTRAL
Cooling
Yes
Stories
6
Lot
2.56 ac
Current owner
From public records · entity-resolved
Hotel Nashville LLC
Entity
Mailing address
6705 SHALLOWFORD RD, CHATTANOOGA, TN 37421-1711
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2022
$13,000,000
Hotel Nashville LLC
Cavalier St Aggregate Propco LP
Special Warranty Deed
$9,257,500 · Wilson Bank & Trust
Apr 11, 2022
—
Cavalier St Aggregate
Cplg Properties LLC
Quit Claim Deed
related
$104,020,000 · Deutsche Bank
Jun 4, 2018
—
Cplg Properties LLC
—
Grant Deed
related
$21,652,200 · Jpmorgan Chase Bk NA
Aug 3, 2007
—
Bre Of Lq Properties LLC
—
Deed Of Trust
related
—
Mar 3, 2006
$5,568,350
Bre Of Lq Properties LLC
La Quinta Dev Partners
Grant Deed
$2,075,000 · * Other Institutional Lenders
Sep 24, 1993
$3,220,000
Laquinta Dev Partners LP
Unknown
Grant Deed
—
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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