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Property profile & analytics
FOR SALE
Motels
5152 W Latham St Phoenix, AZ 85043
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US07-2563231
For Sale
$13,375,000
5152 W Latham St, Phoenix, AZ 85043
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1997
Construction
STEEL FRAME
Total area
60,002 SF
Lot
3.46 ac (150,761 SF)
Zoning code
I-1
APN
103-30-293A
UPID
US07-2563231
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
-
Comfort Inn I-10 West At 51st Ave Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.68M
Blend (final)
Blend
$13.38M
Owner & transaction history
Cromwell Hotels LLC · 10 yrs held
Cromwell Hotels LLC
since 2015
7 recorded transactions
Zoning & alternative use
I-1 · Phoenix, AZ
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
$13.38M
Range $12.04M – $14.71M · ±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
$223 / 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
$139,722
Tax year 2023
Assessed value
$1,056,919
Assessed 2024
Previous assessed
$932,212
+13.4% YoY
Effective rate
13.22%
On assessed value
Land market value
$1,103,100
Improvement market value
$5,302,467
Total market value
$6,405,567
Applied tax rate
831,300.0000
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
Motels
Use group
MOTEL
Status
For Sale
Year built
1997
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
3
Total area
60,002 SF
Lot
3.46 ac (150,761 SF)
Zoning code
I-1
APN
103-30-293A
UPID
US07-2563231
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Phoenix, AZ
Zoning I-1 · permitted uses
I-1 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
3
Lot
3.46 ac
Current owner
From public records · entity-resolved
Cromwell Hotels LLC
Entity
Mailing address
17 CRES HL BRAMPTON DR S XX
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
Cromwell Hotels LLC
—
Deed
related
$3,000,000
Jul 8, 2019
—
Cromwell Hotels LLC
—
Deed
related
$3,500,000 · 2406238 Ontario INC
Feb 27, 2018
—
Cromwell Hotels LLC
—
Deed
related
$6,200,000 · Biltmore Bk/az
Dec 29, 2015
$6,300,000
Cromwell Hotels LLC
Rs I-10 West LLC
Special Warranty Deed
$4,800,000 · Access Point Financial INC
Aug 23, 2011
$1,035,300
Brs Properties LLC
Rs I-10 West LLC
Warranty Deed
—
Mar 31, 2011
$5,200,000
Rs I-10 West LLC
Saehan Bk
Warranty Deed
$3,640,000 · Saehan Bank
Nov 4, 2009
$6,440,000
Saehan Bk
Td Service Co Of Arizona
Trustees Deed
related
—
Apr 30, 2007
$12,600,000
In K Kim
Phoenix Hotels Investment LLC
Warranty Deed
$8,455,000 · Saehan Bank
Apr 24, 2006
$9,690,000
Phoenix Hotels Investment LLC
Royal Hospitality LLC
Special Warranty Deed
$5,690,000 · Pacific International Bank
Aug 26, 2004
$4,537,000
Royal Hospitality LLC
General Electric Cap Busn Asse
Grant Deed
$3,200,000 · California Bank & Trust
Feb 3, 2004
$3,925,000
Electric Capital Busin
Chandler,douglas R
Trustees Deed
related
—
Jun 13, 2003
$850,000
I-10 & 51st Ave LLC
Sunburst Partners LLC
Grant Deed
—
Dec 30, 1998
$850,000
Sunburst Partners LLC
1-10 & 51st Ave LLC
Grant Deed
—
Aug 30, 1996
$753,875
Vista I-1o
Marshall-hampton East INC
Grant Deed
—
Aug 31, 1995
$301,550
Marshall Management INC
I Park Developers
Grant Deed
—
—
—
Cromwell Hotels LLC
—
Deed Of Trust
related
$3,500,000 · 2406238 Ontario INC
—
—
Rs I-10 West LLC
—
Deed Of Trust
related
$3,640,000 · Saehan Bank
—
—
In K Kim
—
Deed Of Trust
related
$1,999,000 · Cdc Small Business Finance Co
—
—
Cromwell Hotels LLC
—
Deed Of Trust
related
$6,200,000 · Biltmore Bk/az
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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