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Property profile & analytics
OFF-MARKET
Estimated value
$7,285,000
Hotels
400 Reno Ave Oklahoma City, OK 73104-7001
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US69-0012579
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Construction
WOOD FRAME
Total area
132,913 SF
Lot
2.45 ac (106,853 SF)
APN
13-174-8502
UPID
US69-0012579
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
-
Residence Inn Oklahoma City Downtown/Bricktown Hotel & Motel
-
Joe Carter Lot Parking Lot & Garage
-
Bricktown River Walk Park Park Business Park
-
National Association of State Human Services Finance Officers Association Or Organization
-
Truck Yard Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.29M
Owner & transaction history
Jdhq Hotels LLC · 7 yrs held
Jdhq Hotels LLC
since 2018
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 Oklahoma City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oklahoma City 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
Alternative Use
Use
Estimation
HOTEL/MOTEL
$9,955,000
Current use
Blend value · Realmo final
$7.29M
Range $6.56M – $8.01M · ±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
$55 / 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
$140,776
Tax year 2023
Assessed value
$1,146,200
Assessed 2023
Previous assessed
$1,146,200
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$470,223
Assessed improvement
$675,977
Land market value
$4,274,760
Improvement market value
$6,145,240
Total market value
$10,420,000
Applied tax rate
200.0000
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
2006
Construction
WOOD FRAME
Heating
NONE
Cooling
AC.PACKAGE
Stories
6
Units
151
Rooms
151
Total area
132,913 SF
Lot
2.45 ac (106,853 SF)
APN
13-174-8502
UPID
US69-0012579
Jurisdiction
OKLAHOMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$10.0M
HOTEL/MOTEL Current
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
2006
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
6
Units
151
Rooms
151
Lot
2.45 ac
Current owner
From public records · entity-resolved
Jdhq Hotels LLC
Entity
Mailing address
12735 MORRIS RD EXT STE #400, ALPHARETTA, GA 30004-8904
Ownership since
2018
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
Oct 10, 2024
—
Jdhq Hotels LLC
—
Deed
related
$985,000,000 · Goldman Sachs Bank USA
Sep 7, 2018
—
Jdhq Hotels LLC
Jqh-oklahom City Bricktown Dev
Grant Deed
—
May 31, 2018
—
Juhq Hotels LLC
—
Deed
related
$635,000,000 · Goldman-sachs Mtg
Jun 21, 2016
—
Jqh-oklahoma City Bricktown De
—
Deed
related
$18,460,565 · Hawthorn Bk
May 4, 2006
—
Jqh-oklahoma City Bricktown De
Hammons John Q Trust
Grant Deed
$22,000,000 · Bank Of Oklahoma
—
—
Jqh-oklahoma City Bricktown De
—
Deed Of Trust
related
$20,896,126 · Hawthorn Bank
—
—
Jqh-oklahoma City Bricktown De
—
Deed Of Trust
related
$23,000,000 · Hawthorne Bk
—
—
Jqh-oklahoma City Bricktown De
—
Loan Modification
related
$20,369,348 · Hawthorn Bank
—
—
Jqh-oklahoma City Bricktown De
—
Loan Modification
related
$18,460,565 · Hawthorn Bk
—
—
Juhq Hotels LLC
—
Loan Modification
related
$635,000,000 · Goldman-sachs Mtg
—
—
Jqh-oklahoma City Bricktown De
—
Deed Of Trust
related
$21,966,505 · Hawthorn Bank
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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