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Property profile & analytics
OFF-MARKET
Estimated value
$4,375,000
Motels
2450 Old National Pkwy Atlanta, GA 30349-3268
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-0108341
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2000
Total area
42,758 SF
Lot
1.78 ac (77,537 SF)
Zoning code
CL
APN
13 0061 LL1768
UPID
US22-0108341
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
-
Red Roof PLUS+ & Suites Atlanta Airport South Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.43M
CAP Approach
CAP
$3.38M
Comparable Approach
Comparable
$4.65M
Blend (final)
Blend
$4.38M
Owner & transaction history
Rama Hospitality LLC · 4 yrs held
Rama Hospitality LLC
since 2021
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
CL · Atlanta, GA
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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
$4,470,000
ML approach
$4,425,000
CAP Approach
CAP Return
Estimation
6%
$3,655,000
6.5%
$3,375,000
7%
$3,135,000
Blend value · Realmo final
$4.38M
Range $3.94M – $4.81M · ±10% · vs last sale $4.30M (Sep 16 2021)
Last sale anchor
$4.30M
Sep 16 2021
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
$102 / 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
$40,613
Tax year 2023
Assessed value
$1,438,840
Assessed 2023
Previous assessed
$1,860,560
-22.7% YoY
Effective rate
2.82%
On assessed value
Assessed land
$240,360
Assessed improvement
$1,198,480
Land market value
$600,900
Improvement market value
$2,996,200
Total market value
$3,597,100
Applied tax rate
15.0000
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
2000
Heating
YES
Cooling
YES
Stories
1
Units
74
Total area
42,758 SF
Lot
1.78 ac (77,537 SF)
Zoning code
CL
APN
13 0061 LL1768
UPID
US22-0108341
Jurisdiction
FULTON
Zoning & alternative use
CL · Atlanta, GAZoning CL · permitted uses
CL · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2000
Heating
YES
Cooling
Yes
Stories
1
Units
74
Lot
1.78 ac
Current owner
From public records · entity-resolved
Rama Hospitality LLC
Entity
Mailing address
2450 OLD NATIONAL PKWY, ATLANTA, GA 30349-3268
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2021
$4,300,000
Rama Hospitality LLC
Hja Enterprises INC
Warranty Deed
$3,500,000 · Embassy National Bank
May 21, 2018
—
Hja Ents INC
S & S Hotels LLC
Quit Claim Deed
related
—
May 21, 2018
$3,600,000
Hja Ents INC
S & S Hotels LLC
Grant Deed
$3,065,500 · Renasant Bk
Dec 3, 2012
—
S & S Hotels LLC
World Auction Notes LLC
Quit Claim Deed
related
$2,280,000 · Quantum Nat'l Bk
Dec 3, 2012
$3,000,000
S & S Hotels LLC
World Auction Notes LLC
Grant Deed
—
Mar 2, 2012
—
World Auction Notes LLC
Atlanta Star Hospitality LLC
Deed In Lieu Of Foreclosure
related
$4,800,000 · Georgia Four Pack LLC
Jan 23, 2007
$238,600
Atlanta Star Hospitality LLC
Millennium Hospitality LLC
Grant Deed
—
Jan 18, 2007
$238,556
Atlanta Star Hospitality LLC
Millennium,hospitality L L
Grant Deed
—
—
—
World Auction Notes II LLC
—
Deed Of Trust
related
$1,000,000 · Blf Columbia LLC
—
—
World Auction Notes LLC
—
Deed Of Trust
related
$4,800,000 · Georgia Four Pack 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.
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