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Property profile & analytics
OFF-MARKET
Estimated value
$5,305,000
Hotels
390 Washington St Athens, GA 30601-2751
Entity Owned
~
Est. High Equity
Property ID
US22-1076676
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2005
Total area
108,922 SF
Lot
1.34 ac (58,370 SF)
Zoning code
C-D
APN
17-1-B6 C-001
UPID
US22-1076676
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
-
Hilton Garden Inn Athens Downtown 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
$5.31M
Owner & transaction history
CLASSIC CITY HOTEL COMPANY
CLASSIC CITY HOTEL COMPANY
Zoning & alternative use
C-D · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
uilding footprints, driveways, walkways and other paved or otherwise impervious areas are included in this calculation. Different zones have varying maximum lot coverage requirements, from 100% allowable coverage in the C-D (commercial-downtown) zone to 10% in the AR (Agricultural Residential) zone. MADISON ATHENS-CLARKE OCONEE REGIONAL TRANSPORTATION STUDY…
Zone name
Commercial Downtown
General category
COMMERCIAL
Zone area
182.51 ac
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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$49 / 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
$379,661
Tax year 2023
Assessed value
$15,051,262
Assessed 2023
Previous assessed
$15,051,262
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$1,867,840
Assessed improvement
$13,183,422
Land market value
$4,669,600
Improvement market value
$32,958,555
Total market value
$37,628,155
Applied tax rate
3.0000
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
2005
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
7
Total area
108,922 SF
Lot
1.34 ac (58,370 SF)
Zoning code
C-D
APN
17-1-B6 C-001
UPID
US22-1076676
Jurisdiction
CLARKE
Zoning & alternative use
C-D · Athens, GAZoning C-D · permitted uses
C-D · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
uilding footprints, driveways, walkways and other paved or otherwise impervious areas are included in this calculation. Different zones have varying maximum lot coverage requirements, from 100% allowable coverage in the C-D (commercial-downtown) zone to 10% in the AR (Agricultural Residential) zone. MADISON ATHENS-CLARKE OCONEE REGIONAL TRANSPORTATION STUDY (MACORTS) MACORTS was formed in 1969 and includes all of Athens-Clarke County and t
Zone name
Commercial Downtown
General category
COMMERCIAL
Zone area
182.51 ac
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Cooling
Yes
Stories
7
Buildings
3
Lot
1.34 ac
Current owner
From public records · entity-resolved
CLASSIC CITY HOTEL COMPANY
Entity
Mailing address
PO BOX 429, BOGART, GA 30622-0429
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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