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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Motels
6046 Relocation Way Ooltewah, TN 37363-6275
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-3217352
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2021
Total area
37,606 SF
Lot
2.01 ac (87,556 SF)
Zoning code
C2
APN
132 014
UPID
US80-3217352
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
-
stayAPT Suites Chattanooga-Ooltewah/VW 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
$615k
Owner & transaction history
Lg Apt Tn Ooltewah Chattanooga LLC · 2 yrs held
Lg Apt Tn Ooltewah Chattanooga LLC
since 2023
Last sale
$626,650
7 recorded transactions
Zoning & alternative use
C2 · Ooltewah, TN
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 Ooltewah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ooltewah 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
$615k
Range $554k – $677k · ±10% · vs last sale $627k (Oct 9 2023)
Last sale anchor
$627k
Oct 9 2023
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
$16 / 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
$49,960
Tax year 2023
Assessed value
$2,233,040
Assessed 2023
Previous assessed
$2,233,040
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$612,200
Improvement market value
$4,970,400
Total market value
$5,582,600
Applied tax rate
1.0000
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
Off-Market
Year built
2021
Heating
YES
Stories
2
Total area
37,606 SF
Lot
2.01 ac (87,556 SF)
Zoning code
C2
APN
132 014
UPID
US80-3217352
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Ooltewah, TNZoning C2 · permitted uses
C2 · Ooltewah, TN
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
2021
Heating
YES
Stories
2
Lot
2.01 ac
Current owner
From public records · entity-resolved
Lg Apt Tn Ooltewah Chattanooga LLC
Entity
Mailing address
10801 MONROE RD STE #200, MATTHEWS, NC 28105-8336
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2023
—
Lg Apt Tn Ooltewah Chattanooga LLC
—
Deed
related
$200,847 · Axos Bank
Oct 9, 2023
—
Lg Apt Tn Ooltewah Chattanooga LLC
Lg As Propco LLC
Quit Claim Deed
related
—
Oct 15, 2019
$626,650
Lg As Propco LLC
Hulsey Myrtle L Trust
Grant Deed
—
Jun 16, 2016
—
Hulsey,myrtle L Trust
Hulsey,myrtle L
Quit Claim Deed
—
May 13, 2009
—
William J Hulsey
—
Trustees Deed
related
$253,750 · Community Trust & Banking
Oct 28, 2008
$56,000
William J Hulsey
—
Trustees Deed
related
$590,500 · Community Trust & Banking
Sep 24, 2007
$1,100,000
William J Hulsey
Wilson,mary E
Warranty Deed
$550,000 · Mary E Wilson
—
—
William J Hulsey
—
Deed Of Trust
related
$20,000 · Community Trust & Banking
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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