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Property profile & analytics
OFF-MARKET
Estimated value
$6,830,000
Hotels
621 Rivergate Pkwy Goodlettsville, TN 37072-2335
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1861827
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2000
Total area
43,015 SF
Lot
1.58 ac (68,825 SF)
Zoning code
6ZZ
APN
026-13-0-017-00
UPID
US80-1861827
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 Suites At Rivergate Mall Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.64M
CAP Approach
CAP
$6.98M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.83M
Owner & transaction history
Om Sai 9 LLC · 4 yrs held
Om Sai 9 LLC
since 2022
Last sale
$6.9M
5 recorded transactions
Zoning & alternative use
6ZZ · Goodlettsville, 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 Goodlettsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodlettsville 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
$6,740,000
ML approach
$6,635,000
CAP Approach
CAP Return
Estimation
6%
$7,560,000
6.5%
$6,975,000
7%
$6,480,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$10,965,000
Change: -4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,680,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$6.83M
Range $6.15M – $7.51M · ±10% · vs last sale $6.90M (Mar 8 2022)
Last sale anchor
$6.90M
Mar 8 2022
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
$159 / 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
$73,182
Tax year 2023
Assessed value
$2,504,520
Assessed 2023
Previous assessed
$2,504,520
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$330,360
Assessed improvement
$2,174,160
Land market value
$825,900
Improvement market value
$5,435,400
Total market value
$6,261,300
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
2000
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
43,015 SF
Lot
1.58 ac (68,825 SF)
Zoning code
6ZZ
APN
026-13-0-017-00
UPID
US80-1861827
Jurisdiction
DAVIDSON
Zoning & alternative use
6ZZ · Goodlettsville, TN
Zoning 6ZZ · permitted uses
6ZZ · Goodlettsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goodlettsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.7M
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
2
Lot
1.58 ac
Current owner
From public records · entity-resolved
Om Sai 9 LLC
Entity
Mailing address
622 RIVERGATE PKWY, GOODLETTSVILLE, TN 37072-2336
Ownership since
2022
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
Mar 8, 2022
$6,900,001
Om Sai 9 LLC
Laxmi Hospitality Group LLC
Warranty Deed
$5,800,000 · Laxmi Hospitality Group LLC
Sep 14, 2006
—
Laxmi Hospitality Group LLC
—
Trustees Deed
related
$1,500,000 · First St Bk/sarasota
Nov 5, 1998
—
Laxmi Hospitality Group LLC
Patel,mahesh
Quit Claim Deed
related
$2,480,000 · Union Planters National Bank
—
—
Laxmi Hospitality Group LLC
—
Loan Modification
related
—
—
—
Laxmi Hospitality Group LLC
—
Deed Of Trust
related
$3,500,000 · First State Bank
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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