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Property profile & analytics
OFF-MARKET
Estimated value
$100,250,000
Hotels
2401 Camelback Rd, Phoenix, AZ 85016-4201
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-1158548
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1987
Construction
STEEL FRAME
Total area
211,899 SF
Lot
2.49 ac (108,670 SF)
Zoning code
C-2
APN
163-17-089D
UPID
US07-1158548
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
-
The Camby, Autograph Collection Hotel & Motel
-
Encore IT Consulting Firm Tech Support Center
-
The camby hotel Hotel & Motel
-
Artizen Restaurant
-
remote viad com Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$79.30M
Blend (final)
Blend
$100.25M
Owner & transaction history
Htlv Phoenix LLC · 3 yrs held
Htlv Phoenix LLC
since 2023
Last sale
$110.0M
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$147.6M
+33.7%
Restaurant
$113.2M
+2.5%
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
$126,150,000
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
$110,360,000
Current use
COMMERCIAL (GENERAL)
$147,570,000
Change: +34% · Conversion: Difficult
RESTAURANT
$113,160,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$89,540,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$100.25M
Range $90.23M – $110.28M · ±10% · vs last sale $110.00M (Mar 10 2023)
Last sale anchor
$110.00M
Mar 10 2023
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
$473 / 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
$744,207
Tax year 2023
Assessed value
$6,128,249
Assessed 2024
Previous assessed
$5,601,568
+9.4% YoY
Effective rate
12.14%
On assessed value
Land market value
$10,867,000
Improvement market value
$26,273,900
Total market value
$37,140,900
Applied tax rate
381,300.0000
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
1987
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
REFRIGERATOR
Buildings
2
Stories
11
Units
277
Total area
211,899 SF
Lot
2.49 ac (108,670 SF)
Zoning code
C-2
APN
163-17-089D
UPID
US07-1158548
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$110.4M
COMMERCIAL (GENERAL)
Est. value
$147.6M
RESTAURANT
Est. value
$113.2M
AUTO REPAIR, GARAGE
Est. value
$89.5M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
1987
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
11
Buildings
2
Units
277
Lot
2.49 ac
Current owner
From public records · entity-resolved
Htlv Phoenix LLC
Entity
Mailing address
980 CALIFORNIA ST, SAN FRANCISCO, CA 94108-2202
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2023
$110,000,000
Htlv Phoenix LLC
East Side Hotel Associates LP
Special Warranty Deed
$84,450,000 · Host Holding Business Trust
May 22, 1998
$10,000,000
East Side Hotel Assoc LP
Pivotal Simon Hotel #24 LLC
Grant Deed
—
May 16, 1996
$37,000,000
Pivotal Simon Hotel Xxiv L L C
Esplanade Hotel L P
Trustees Deed
—
May 16, 1996
$341,338
Pivotal Group III L L C
F Francis Najafi
Trustees Deed
—
May 16, 1996
$146,288
Pivotal Group III L L C
J Jahm Najfi
Trustees Deed
—
May 16, 1996
$487,626
Pivotal Simon Hotel Xxiv L L C
Pivotal Group III L L C
Trustees Deed
related
$23,000,000 · Bank One NA
Feb 14, 1994
$23,000,000
Esplanade Hotel LP
Camelback Esplan
Grant Deed
related
—
Jan 4, 1994
—
Esplanade LP 2 Camelback
Ssh 2 LP
Quit Claim Deed
related
—
May 29, 1987
—
Camelback Esplan
—
Deed Of Trust
related
—
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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