Back to Search
Property profile & analytics
OFF-MARKET
Motels
2960 Piedmont NE Rd Atlanta, GA 30305-2747
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-0797712
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1987
Construction
WOOD
Total area
5,472 SF
Lot
4.2 ac (182,952 SF)
Zoning code
C1C
APN
17 006000080912
UPID
US22-0797712
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
-
King Plow Art Center Restaurant
-
NEW***1-Bedroom Studio in Buckhead Hotel & Motel
-
Residence Inn Atlanta Buckhead 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
by Request
Owner & transaction history
Apex Atlanta LP · 7 yrs held
Apex Atlanta LP
since 2018
3 recorded transactions
Zoning & alternative use
C1C · 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
—
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
$207,172
Tax year 2023
Assessed value
$5,004,160
Assessed 2023
Previous assessed
$5,004,160
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$2,280,840
Assessed improvement
$2,723,320
Land market value
$5,702,100
Improvement market value
$6,808,300
Total market value
$12,510,400
Applied tax rate
5.0000
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
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
136
Total area
5,472 SF
Lot
4.2 ac (182,952 SF)
Zoning code
C1C
APN
17 006000080912
UPID
US22-0797712
Jurisdiction
FULTON
Zoning & alternative use
C1C · Atlanta, GA
Zoning C1C · permitted uses
C1C · 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
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
136
Lot
4.2 ac
Current owner
From public records · entity-resolved
Apex Atlanta LP
Entity
Mailing address
180 N UNIVERSITY AVE STE #200, PROVO, UT 84601-5648
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2018
$12,900,000
Apex Atlanta LP
Bre Newton Hotel Property Owner LLC
Limited Warranty Deed
—
Jun 26, 2007
$12,890,000
Lion Es Hotels Holdings
Aht-spe I
Grant Deed
related
$567,700,000 · Wachovia Bk/ga
—
—
Lion Es Hotels Holdings LLC
—
Deed Of Trust
related
$335,000,000 · Bank Of America
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 2960 Piedmont NE 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.
