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Property profile & analytics
OFF-MARKET
Estimated value
$20,000,000
Hotels
320 Montgomery St, Savannah, GA 31401-4233
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0617339
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2007
Total area
50,008 SF
Lot
0.35 ac (15,259 SF)
Zoning code
BC
APN
2-0031 -20-015
UPID
US22-0617339
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
-
Kitchen 320 Restaurant
-
Toast Cafe & Coffee Shop
-
Vici Restaurant Grocery & Convenience Store Food Market
-
Good Food Near Me Grocery & Convenience Store Food Market
-
TRYP by Wyndham Savannah Downtown/Historic District Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$20.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.00M
Owner & transaction history
Montgomery Street Hotel LLC · 2 yrs held
Montgomery Street Hotel LLC
since 2024
Last sale
$20.0M
7 recorded transactions
Zoning & alternative use
BC · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$27.5M
+56.2%
Restaurant
$27.3M
+55.3%
Retail stores
$24.6M
+39.8%
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 Savannah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Savannah 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
$20,000,000
ML approach
$20,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$17,605,000
Current use
INDUSTRIAL (GENERAL)
$27,500,000
Change: +56% · Conversion: Difficult
RESTAURANT
$27,345,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$24,620,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$22,640,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$22,380,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$19,715,000
Change: +12% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$17,545,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$20.00M
Range $18.00M – $22.00M · ±10% · vs last sale $20.00M (Mar 21 2024)
Last sale anchor
$20.00M
Mar 21 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
$400 / 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
Property tax & assessments
Assessed value
$6,010,920
Assessed 2024
Previous assessed
$6,327,760
-5.0% YoY
Assessed land
$531,040
Assessed improvement
$5,479,880
Land market value
$1,327,600
Improvement market value
$13,699,700
Total market value
$15,027,300
Applied tax rate
2.0000
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
Status
Off-Market
Year built
2007
Heating
HEAT PUMP
Buildings
5
Stories
1
Total area
50,008 SF
Lot
0.35 ac (15,259 SF)
Zoning code
BC
APN
2-0031 -20-015
UPID
US22-0617339
Jurisdiction
CHATHAM
Zoning & alternative use
BC · Savannah, GA
Zoning BC · permitted uses
BC · Savannah, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Savannah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$17.6M
INDUSTRIAL (GENERAL)
Est. value
$27.5M
RESTAURANT
Est. value
$27.3M
RETAIL STORES
Est. value
$24.6M
COMMERCIAL (GENERAL)
Est. value
$22.6M
OFFICE BUILDING
Est. value
$22.4M
AUTO REPAIR, GARAGE
Est. value
$19.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.5M
HOTEL/MOTEL Current
INDUSTRIAL (GENERAL)
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Heating
HEAT PUMP
Stories
1
Buildings
5
Lot
0.35 ac
Current owner
From public records · entity-resolved
Montgomery Street Hotel LLC
Entity
Mailing address
320 MONTGOMERY ST, SAVANNAH, GA 31401-4233
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2024
—
Montgomery Street Hotel LLC
Hd Co 4 LLC
Warranty Deed
—
Mar 21, 2024
$20,000,000
Hd Co 4 LLC
Tbw Montgomery Hotel LLC
Warranty Deed
—
Mar 13, 2024
—
Tbw Montgomery Hotel LLC
First Horizon Bank
Quit Claim Deed
related
—
Oct 1, 2021
—
Tbw Montgomery Hotel LLC
—
Deed
related
$15,000,000 · Heritage Southeast Bank
Dec 14, 2018
—
Tbw Montgomery Hotel LLC
Insite Savannah One LLC
Warranty Deed
—
Nov 15, 2014
$15,000,000
Insite Savannah One LLC
Tara Of Savannah LLC
Warranty Deed
$13,500,000 · Ladder Capital Finance
Aug 29, 2014
$15,000,000
Insite Savannah One LLC
Tara Of Savannah LLC
Warranty Deed
—
Jan 3, 2006
$1,800,000
Tara Of Savannah LLC
Not Provided
Deed
—
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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