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Property profile & analytics
OFF-MARKET
Hotels
346 Kelly Rd Vernon, CT 06066-3917
Individually Owned
35-yr Hold
~
Est. High Equity
Property ID
US15-0279018
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Lot
2.28 ac (99,317 SF)
Zoning code
COMMER
APN
VERN M:02 B:0009 L:00001
UPID
US15-0279018
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
-
Antico Management Property Management Company
-
Frankie B's Tavern Restaurant
-
Holiday Inn Express Vernon - Manchester, an IHG Hotel Hotel & Motel
-
Lazy Dog Tavern Restaurant
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
Antico Ent Ltd · 35 yrs held
Antico Ent Ltd
since 1991
7 recorded transactions
Zoning & alternative use
COMMER · Vernon, CT
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 Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernon 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
$94,053
Tax year 2023
Assessed value
$2,816,790
Assessed 2023
Previous assessed
$2,816,790
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$478,800
Assessed improvement
$2,337,990
Applied tax rate
420.0000
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
Heating
NONE
Buildings
2
Lot
2.28 ac (99,317 SF)
Zoning code
COMMER
APN
VERN M:02 B:0009 L:00001
UPID
US15-0279018
Jurisdiction
VERNON
Zoning & alternative use
COMMER · Vernon, CT
Zoning COMMER · permitted uses
COMMER · Vernon, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vernon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
2.28 ac
Current owner
From public records · entity-resolved
Antico Ent Ltd
Individual
Mailing address
346 KELLY RD, VERNON, CT 06066-3917
Ownership since
1991
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
—
Antico Enterprises Ltd
—
Deed
related
$150,000 · Beacon Bank & Trust
Mar 16, 2026
—
Antico Enterprises Ltd
—
Deed
related
$150,000 · Beacon Bank & Trust
Feb 26, 2019
—
Antico Ents Ltd
—
Deed
related
$3,300,000 · Savings Institute
Dec 18, 2013
—
Antico Ents Ltd
—
Deed Of Trust
related
$3,495,000 · Country Bank
Dec 14, 1998
—
Antico Ent Ltd
—
Deed Of Trust
related
$340,000 · Savings Bank Of Rockville
Aug 19, 1996
—
Antico Enterprises
—
Deed Of Trust
related
$268,640 · Savings Bank Of Rockville
Jun 19, 1991
$465,000
Antico Ent Ltd
Colonial Vernon Motor
Warranty Deed
$300,000 · Manchester State Bk
Feb 7, 1990
—
Vernon Motor Colonial
—
Deed Of Trust
related
$137,000 · Savings Bank Of Manchester
Nov 30, 1989
—
Vernon Motor Colonial
—
Deed Of Trust
related
$112,000 · Savings Bank Of Manchester
—
—
Antico Ents Ltd
—
Deed Of Trust
related
$3,300,000 · Savings Institute
—
—
Antico Ents Ltd
—
Deed Of Trust
related
$1,794,000 · Community Inv
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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