New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Motels
3101 London Brg Rd, Lake Havasu City, AZ 86404-9724
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-3193915
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1973
Construction
STEEL FRAME
Total area
9,581 SF
Lot
1.14 ac (49,658 SF)
APN
120-05-029
UPID
US07-3193915
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.40M
Owner & transaction history
Draco Builders LLC · 1 yrs held
Draco Builders LLC
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+28.1%
Restaurant
$2.1M
+27.6%
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 Lake Havasu City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Havasu City 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
$1,400,000
ML approach
$1,400,000
CAP Approach
CAP Return
Estimation
6%
$1,230,000
6.5%
$1,135,000
7%
$1,055,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,650,000
Current use
AUTO REPAIR, GARAGE
$2,115,000
Change: +28% · Conversion: Difficult
RESTAURANT
$2,105,000
Change: +28% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,580,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$1,380,000
Change: -16% · Conversion: Difficult
MEDICAL BUILDING
$1,375,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.40M (Dec 27 2024)
Last sale anchor
$1.40M
Dec 27 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
$146 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$8,783
Tax year 2020
Assessed value
$168,792
Assessed 2025
Previous assessed
$143,748
+17.4% YoY
Effective rate
5.20%
On assessed value
Land market value
$339,321
Improvement market value
$598,412
Total market value
$937,733
Applied tax rate
2,520.0000
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
1973
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
2
Total area
9,581 SF
Lot
1.14 ac (49,658 SF)
APN
120-05-029
UPID
US07-3193915
Jurisdiction
MOHAVE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RESTAURANT
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
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
1973
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
Draco Builders LLC
Entity
Free & Clear · 1 yrs held
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
$1,400,000
Draco Builders LLC
Goodparr LLC
Warranty Deed
—
Apr 24, 2024
—
Goodparr LLC
Estate Of Donald L Andrews
Quit Claim Deed
related
—
Jan 24, 2024
—
Goodparr LLC
Estate Of Kenneth Falla
Quit Claim Deed
related
—
Sep 18, 2023
—
Goodparr LLC
Robert Boulware
Quit Claim Deed
related
—
Aug 30, 2023
—
Goodparr LLC
Cathy J Hadaway
Quit Claim Deed
related
—
Jun 30, 2023
—
Goodparr LLC
William T Reed
Quit Claim Deed
related
—
May 11, 2021
$900,000
Goodparr LLC
Sand Castle Inn Lakeview LLC
Special Warranty Deed
—
Nov 22, 2010
$199,558
Loren G Swain
Security Title Agency INC
Trustees Deed
related
—
Dec 4, 2009
$535,000
Sand Castle Inn Lakeview LLC
Lee Stephen M
Trustees Deed
related
—
Sep 13, 2007
—
Rpi Ents LLC
—
Trustees Deed
related
$25,500 · John & Erin Ellis
Feb 23, 2007
—
3 West Lakeview Havasu LLC
Rpi Ents LLC
Warranty Deed
related
—
Feb 1, 2006
$1,400,000
Rpi Ents INC
Scavuzzo Joseph A Trust
Warranty Deed
$1,200,000 · Scavuzzo Joseph A Trust
—
—
3 West Lakeview Havasu LLC
—
Deed Of Trust
related
$225,000 · Staley E K & C M Family Trust
—
—
3 West Lakeview Havasu LLC
—
Deed Of Trust
related
$300,000 · Scott Weidenhammer
—
—
3west Lakeview Havasu LLC
—
Deed Of Trust
related
$25,100 · John & Erin Ellis
—
—
Rpi Ents LLC
—
Deed Of Trust
related
$20,000 · John & Katherine Portz
—
—
Scavuzzo Joseph A Trust
—
Deed Of Trust
related
$192,387 · Mohave State Bank
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 3101 London Brg 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.
