Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,345,000
Hotels
2450 Paces Fry SE Rd Atlanta, GA 30339-4098
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-0549401
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1996
Total area
69,968 SF
Lot
1.58 ac (68,824 SF)
Zoning code
OI
APN
17081500370
UPID
US22-0549401
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
-
Fairfield Inn & Suites Atlanta Vinings/Galleria Hotel & Motel
-
EnjoyCPR (CPR & First Aid Classes - Multiple Locations) Training Center Tutoring Service
-
2450 Paces Ferry Road SE Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.35M
Owner & transaction history
Hit Portfolio 1 8pk Atlanta Trs LLC · 1 yrs held
Hit Portfolio 1 8pk Atlanta Trs LLC
since 2025
Last sale
$10.5M
7 recorded transactions
Zoning & alternative use
OI · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,020,000
6.5%
$6,480,000
7%
$6,015,000
Blend value · Realmo final
$8.35M
Range $7.51M – $9.18M · ±10% · vs last sale $10.52M (Oct 28 2024)
Last sale anchor
$10.52M
Oct 28 2024
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
$119 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$132,352
Tax year 2024
Assessed value
$3,520,000
Assessed 2024
Previous assessed
$4,274,760
-17.7% YoY
Effective rate
3.76%
On assessed value
Assessed land
$487,612
Assessed improvement
$3,032,388
Land market value
$1,219,030
Improvement market value
$7,580,970
Total market value
$8,800,000
Applied tax rate
7.0000
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/MOTEL
Status
Off-Market
Year built
1996
Heating
NONE
Units
142
Total area
69,968 SF
Lot
1.58 ac (68,824 SF)
Zoning code
OI
APN
17081500370
UPID
US22-0549401
Jurisdiction
COBB
Zoning & alternative use
OI · Atlanta, GA
Zoning OI · permitted uses
OI · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Units
142
Lot
1.58 ac
Current owner
From public records · entity-resolved
Hit Portfolio 1 8pk Atlanta Trs LLC
Entity
Mailing address
PO BOX 20197, ATLANTA, GA 30325-0197
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
—
Hit Portfolio 1 8pk Atlanta Trs LLC
Hit Portfolio I Owner LLC
Deed
—
Jan 28, 2025
$10,516,000
Vp Hospitality LLC
Hit Portfolio I Owner LLC
Special Warranty Deed
—
Nov 15, 2024
—
Hit Portfolio I Owner LLC
Wells Fargo Bank National Associati
Quitclaim Deed
related
$558,100,000 · Citibank NA
May 12, 2017
—
Hit Portfolio I 8pk Atlanta Ow
Hit Portfolio I Owner LLC
Quit Claim Deed
related
—
Mar 19, 2015
$553,500
Arc Hospitality Portfolio I Ow
W2007 Equity Inns Realty LLC
Grant Deed
—
Nov 19, 2007
$17,500,000
W2007 Equity Inns Rlty LLC
007 Equity Inns Partnership
Grant Deed
—
Oct 25, 2007
—
W2007 Equity Inns Realty LLC
W2007,equity Inns Partners
Quit Claim Deed
related
—
Oct 23, 2006
$9,800,000
Equity Inns Partnership
Vinings Partners
Grant Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2450 Paces Fry SE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
