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Property profile & analytics
OFF-MARKET
Estimated value
$6,450,000
Hotels
59 Portsmouth Ave, Exeter, NH 03833-2104
Entity Owned
12-yr Hold
Free & Clear
Property ID
US58-0036733
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2010
Construction
STEEL FRAME
Total area
69,700 SF
Lot
2.46 ac (107,158 SF)
Zoning code
C-2
APN
EXTR M:065 L:136
UPID
US58-0036733
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.69M
Comparable Approach
Comparable
$4.39M
Blend (final)
Blend
$6.45M
Owner & transaction history
Chatham Exeter Has LLC · 12 yrs held
Chatham Exeter Has LLC
since 2013
5 recorded transactions
Zoning & alternative use
C-2 · Exeter, NH
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 Exeter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Exeter 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%
$7,240,000
6.5%
$6,685,000
7%
$6,210,000
Blend value · Realmo final
$6.45M
Range $5.81M – $7.10M · ±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
$93 / 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
$215,702
Tax year 2023
Assessed value
$8,054,600
Assessed 2023
Previous assessed
$7,995,200
+0.7% YoY
Effective rate
2.68%
On assessed value
Assessed land
$1,408,100
Assessed improvement
$6,646,500
Applied tax rate
25,380.0000
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
2010
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
111
Rooms
111
Bathrooms
113
Total area
69,700 SF
Lot
2.46 ac (107,158 SF)
Zoning code
C-2
APN
EXTR M:065 L:136
UPID
US58-0036733
Jurisdiction
EXETER TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
C-2 · Exeter, NH
Zoning C-2 · permitted uses
C-2 · Exeter, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Exeter. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
111
Rooms
111
Bathrooms
113
Lot
2.46 ac
Current owner
From public records · entity-resolved
Chatham Exeter Has LLC
Entity
Free & Clear · 12 yrs held
Mailing address
222 LAKEVIEW AVE STE #200, WEST PALM BEACH, FL 33401-6147
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
—
Chatham Exeter Has LLC
—
Deed
related
—
Aug 15, 2013
$13,079,700
Chatham Exeter Has LLC
Pennacook Hoteliers LLC
Warranty Deed
—
Aug 21, 2009
$1,000,000
Pennacook Hoteliers Ll
Blake Properties Nh Ll
Deed
$9,999,999 · Provident Bank
Dec 17, 2002
$600,000
Blake Props Of Nh LLC
Mcdonalds Corp
Warranty Deed
—
Jul 24, 1998
$5,900
Cmc RT
Exeter Collcoy Co
Warranty Deed
—
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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