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Property profile & analytics
OFF-MARKET
Hotels
535 2000th W Springville, UT 84663-3047
Entity Owned
~
Est. High Equity
Property ID
US86-0804996
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Total area
34,615 SF
Lot
1.65 ac (71,743 SF)
APN
26-045-0093
UPID
US86-0804996
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
-
Microtel Inn & Suites by Wyndham Springville/Provo 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
by Request
Owner & transaction history
Revaba K LLC
Revaba K LLC
since 2025
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 Springville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springville 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
—
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
$52,189
Tax year 2023
Assessed value
$5,228,300
Assessed 2023
Previous assessed
$5,228,300
+0.0% YoY
Effective rate
1.00%
On assessed value
Land market value
$610,000
Improvement market value
$4,618,300
Total market value
$5,228,300
Applied tax rate
131.0000
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
2016
Heating
HEAT PUMP
Stories
1
Total area
34,615 SF
Lot
1.65 ac (71,743 SF)
APN
26-045-0093
UPID
US86-0804996
Jurisdiction
UTAH
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
2016
Heating
HEAT PUMP
Stories
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Revaba K LLC
Entity
Mailing address
535 S 2000TH W, SPRINGVILLE, UT 84663-3047
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2025
—
Revaba K LLC
Soni INC
Warranty Deed
$4,500,000 · Canyon View FCU
Apr 25, 2022
—
Revaba K LLC
—
Deed
related
$988,000 · United States Small Business Admin
Oct 29, 2021
—
Shree Management Invetsments INC
Reveba K LLC
Warranty Deed
—
Oct 8, 2021
—
Revaba K LLC
Ellis Hospitality LLC
Warranty Deed
$2,957,500 · Rock Canyon Bank
Jun 16, 2016
—
Ellis Hospitality LLC
—
Trustees Deed
related
$4,800,000 · First Ut Bk
Oct 6, 2015
—
Ellis Hospitality LLC
Neways Properties LLC
Warranty Deed
related
—
—
—
Neways Properties LLC
—
Deed Of Trust
related
—
—
—
Neways Properties LLC
—
Loan Modification
related
—
—
—
Neways Properties LLC
—
Loan Modification
related
—
—
—
Neways Properties LLC
—
Deed Of Trust
related
—
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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