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Property profile & analytics
OFF-MARKET
Estimated value
$3,985,000
Hotels
384 Williams Blvd, Tucson, AZ 85711-4476
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US07-0191618
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2011
Construction
FRAME
Total area
19,392 SF
Lot
2.03 ac (88,429 SF)
APN
128-10-076B
UPID
US07-0191618
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
-
TownePlace Suites Tucson Williams Centre Hotel & Motel
-
384 South Williams Boulevard Parking Parking Lot & Garage
-
Southern Arizona Council for International Visitors Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.61M
Blend (final)
Blend
$3.99M
Owner & transaction history
Apple Nine Hospitality Ownersh · 14 yrs held
Apple Nine Hospitality Ownersh
since 2011
7 recorded transactions
Zoning & alternative use
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 Tucson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tucson 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.99M
Range $3.59M – $4.38M · ±10%
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
$205 / 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
$180,872
Tax year 2023
Assessed value
$1,668,487
Assessed 2024
Previous assessed
$1,450,855
+15.0% YoY
Effective rate
10.84%
On assessed value
Assessed land
$119,379
Assessed improvement
$1,549,108
Land market value
$663,218
Improvement market value
$8,606,154
Total market value
$9,269,372
Applied tax rate
150.0000
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
2011
Construction
FRAME
Heating
YES
Cooling
YES
Stories
4
Units
124
Total area
19,392 SF
Lot
2.03 ac (88,429 SF)
APN
128-10-076B
UPID
US07-0191618
Jurisdiction
PIMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2011
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
4
Units
124
Lot
2.03 ac
Current owner
From public records · entity-resolved
Apple Nine Hospitality Ownersh
Individual
Mailing address
814 E MAIN ST, RICHMOND, VA 23219-3306
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2011
$15,851,974
Apple Nine Hospitality Ownersh
Tps Williams Center Prop LP
Warranty Deed
—
Apr 1, 2009
$1,300,000
Tps Williams Center Prop
Deb Block 25 LLC
Grant Deed
—
Apr 18, 2003
$680,450
Deb Block 25 LLC
Kiernan,tr
Grant Deed
$480,445 · Landamerica Exchange Co
Nov 7, 2000
—
Duval Industrial LLC
Lawyers Title Of Arizona Ttee
Grant Deed
related
—
—
—
Tps Williams Center Prop LP
—
Deed Of Trust
related
$11,088,000 · Compass Bank
—
—
Deb Block 25 LLC
—
Deed Of Trust
related
$487,500 · National Bank Arizona
—
—
Tps Williams Center Property L
—
Deed Of Trust
related
$11,500,000 · Wi Realty Acquisition Corp
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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