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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Hotels
473 13490th S Draper, UT 84020-7206
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0879916
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2016
Total area
88,354 SF
Lot
2.91 ac (126,760 SF)
Zoning code
DC
APN
33-01-176-001
UPID
US86-0879916
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
-
Homewood Suites by Hilton Salt Lake City Draper Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.40M
Owner & transaction history
Veranda Holdings LP · 9 yrs held
Veranda Holdings LP
since 2017
6 recorded transactions
Zoning & alternative use
DC · Draper, UT
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 Draper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Draper 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
$38 / 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
$100,664
Tax year 2023
Assessed value
$10,499,000
Assessed 2023
Previous assessed
$10,499,000
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$2,376,800
Assessed improvement
$8,122,200
Land market value
$2,376,800
Improvement market value
$8,122,200
Total market value
$10,499,000
Applied tax rate
55.0000
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/MOTEL
Status
Off-Market
Year built
2016
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
121
Total area
88,354 SF
Lot
2.91 ac (126,760 SF)
Zoning code
DC
APN
33-01-176-001
UPID
US86-0879916
Jurisdiction
SALT LAKE
Zoning & alternative use
DC · Draper, UT
Zoning DC · permitted uses
DC · Draper, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Draper. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
121
Lot
2.91 ac
Current owner
From public records · entity-resolved
Veranda Holdings LP
Entity
Mailing address
2265 116TH AVE NE STE #110, BELLEVUE, WA 98004-3012
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2019
—
Draper Hotel Holdings LLC
—
Deed
related
$10,064,213 · Us Bk
Jan 12, 2017
—
Veranda Holdings LP
Veranda Holdings LP
Quit Claim Deed
related
$25,478,000 · Housing & Cmnty Dev Dept
Sep 15, 2016
—
Veranda Holdings LP
Draper West Retail LLC
Trustees Deed
$21,478,000 · Housing & Cmnty Dev Dept
Aug 18, 2016
—
Mountain West Capital Ptrs LLC
Draper City
Grant Deed
related
—
—
—
Draper Hotel Holdings LLC
—
Loan Modification
related
$10,064,213 · Us Bk
—
—
Veranda Holdings LP
—
Loan Modification
related
$25,478,000 · Housing & Cmnty Dev Dept
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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