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Property profile & analytics
OFF-MARKET
Estimated value
$2,755,000
Motels
323 Cartwright St Goodlettsville, TN 37072-1443
Entity Owned
6-yr Hold
Free & Clear
Property ID
US80-1047458
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1987
Construction
FRAME
Total area
30,141 SF
Lot
1.92 ac (83,635 SF)
Zoning code
6ZZ
APN
019-13-0-106-00
UPID
US80-1047458
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
-
Motel 6 Goodlettsville, TN - Nashville 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
$2.76M
Owner & transaction history
M6 Goodlettsville LLC · 6 yrs held
M6 Goodlettsville LLC
since 2019
7 recorded transactions
Zoning & alternative use
6ZZ · Goodlettsville, TN
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 Goodlettsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodlettsville 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
$91 / 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
$21,464
Tax year 2023
Assessed value
$734,560
Assessed 2023
Previous assessed
$734,560
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$200,720
Assessed improvement
$533,840
Land market value
$501,800
Improvement market value
$1,334,600
Total market value
$1,836,400
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
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
30,141 SF
Lot
1.92 ac (83,635 SF)
Zoning code
6ZZ
APN
019-13-0-106-00
UPID
US80-1047458
Jurisdiction
DAVIDSON
Zoning & alternative use
6ZZ · Goodlettsville, TN
Zoning 6ZZ · permitted uses
6ZZ · Goodlettsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goodlettsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1.92 ac
Current owner
From public records · entity-resolved
M6 Goodlettsville LLC
Entity
Free & Clear · 6 yrs held
Mailing address
323 CARTWRIGHT ST, GOODLETTSVILLE, TN 37072-1443
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Feb 5, 2020
—
Goodlettsville LLC
—
Deed
related
$3,800,000 · Citizens Bank
Jan 2, 2020
—
M6 Goodlettsville LLC
—
Trustees Deed
related
$3,800,000 · Marion 9 LLC
Dec 31, 2019
$3,250,000
M6 Goodlettsville LLC
Ge Hospitality Property LLC
Grant Deed
—
Sep 22, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,010,000,000 · Jp Morgan Chase Bk
Nov 19, 2012
$1,302,000
G6 Hospitality Property LLC
Motel 6 Operatin LP
Limited Warranty Deed
$105,000,000 · Jpmorgan Chase Bank NA
Jun 4, 2012
$2,541,970
Motel 6 Operating LP
M-six LP
Grant Deed
—
Jun 4, 2012
$10,208
Motel Operating LP
Acrem LP
Grant Deed
—
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · Jp Morgan Chase 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.
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