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Property profile & analytics
OFF-MARKET
Estimated value
$2,195,000
Motels
2451 Old National Pkwy Atlanta, GA 30349-3247
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US22-1385763
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1987
Total area
43,263 SF
Lot
2.39 ac (104,108 SF)
Zoning code
C2
APN
13 0061 LL1693
UPID
US22-1385763
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
-
Atlanta Airport South Hotel Hotel & Motel
-
Baymont by Wyndham College Park Atlanta Airport South Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.20M
Owner & transaction history
Krishna Q Investments LLC · 20 yrs held
Krishna Q Investments LLC
since 2005
4 recorded transactions
Zoning & alternative use
C2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$51 / 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
$25,968
Tax year 2023
Assessed value
$920,000
Assessed 2023
Previous assessed
$920,000
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$430,200
Assessed improvement
$489,800
Land market value
$1,075,500
Improvement market value
$1,224,500
Total market value
$2,300,000
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
1987
Heating
YES
Cooling
YES
Stories
1
Units
138
Total area
43,263 SF
Lot
2.39 ac (104,108 SF)
Zoning code
C2
APN
13 0061 LL1693
UPID
US22-1385763
Jurisdiction
FULTON
Zoning & alternative use
C2 · Atlanta, GAZoning C2 · permitted uses
C2 · 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
1987
Heating
YES
Cooling
Yes
Stories
1
Units
138
Lot
2.39 ac
Current owner
From public records · entity-resolved
Krishna Q Investments LLC
Entity
Mailing address
17414 VINWOOD LN, YORBA LINDA, CA 92886-1877
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2005
$3,075,000
Krishna Q Investments LLC
Karuna Hospitality LLC
Deed
$2,000,000 · Nara Bk
Jul 19, 2004
—
Karuna Hospitality LLC
Page Resorts Lodging LLC
Grant Deed
$1,300,000 · Quantum Nat'l Bk
Jul 19, 2004
$2,400,000
Karuna Hopitality LLC
Care Hospitality Fulton LLC
Grant Deed
—
—
—
Krishna Q Investments LLC
—
Deed Of Trust
related
$310,000 · Bbcn Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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