New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,045,000
Motels
635 Spg St, Wyomissing, PA 19610-1701
Entity Owned
~
Est. High Equity
Property ID
US73-5822865
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1980
Total area
16,432 SF
Lot
2.91 ac (126,760 SF)
APN
4397-16-83-0985
UPID
US73-5822865
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
$6.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.05M
Owner & transaction history
Kris Hospitality INC
Kris Hospitality INC
since 2025
Last sale
$5.9M
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 Wyomissing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wyomissing 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
$6,095,000
ML approach
$6,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.05M
Range $5.44M – $6.65M · ±10% · vs last sale $5.90M (Nov 1 2021)
Last sale anchor
$5.90M
Nov 1 2021
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
$368 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$22,692
Tax year 2024
Assessed value
$1,650,900
Assessed 2024
Previous assessed
$1,650,900
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$680,900
Assessed improvement
$970,000
Land market value
$680,900
Improvement market value
$970,000
Total market value
$1,650,900
Applied tax rate
96.0000
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
1980
Heating
NONE
Stories
4
Units
84
Total area
16,432 SF
Lot
2.91 ac (126,760 SF)
APN
4397-16-83-0985
UPID
US73-5822865
Jurisdiction
BERKS
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
1980
Heating
NONE
Stories
4
Units
84
Lot
2.91 ac
Current owner
From public records · entity-resolved
Kris Hospitality INC
Entity
Mailing address
16 GOLDSPIRE LN, BURLINGTON, NJ 08016-4356
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2025
—
Ld Acquisition Company 20 LLC
—
Deed
related
—
Jul 14, 2025
$5,431,061
Kris Hospitality INC
Rams Hotel Group LLC
Deed
$6,000,000 · Gbank
Mar 15, 2022
—
Rams Hotel Group LLC
—
Deed
related
$1,912,000 · Cahill Wilinski Rhodes & Joyce PC
Nov 1, 2021
$5,900,000
Rams Hotel Group LLC
Svmb Real Estate Holding LLC
Special Warranty Deed
$3,100,000 · Hebron Savings Bank
May 19, 2021
—
Ld Acquisition Company 20 LLC
—
Deed
related
$330,000,000 · Prosperity Bank
Nov 13, 2019
$2,805,000
Svmb Real Estate Holding LLC
Smita Shah
Grant Deed
$3,750,000 · Branch Bk&tr
Sep 4, 2018
—
Smita Shah
—
Grant Deed
related
$1,441,000 · Us Small Business Administrati
Jun 19, 2018
—
Ajay A Shah
—
Deed
related
$2,000,000 · Northwest Savings Bank
May 6, 2005
$2,300,000
Ajay P Shah
Richman Partners
Grant Deed
$2,100,000 · Fulton Bank
—
—
Ajay P Shah
—
Deed Of Trust
related
$90,000 · Fulton Bank
—
—
Richman Partners
—
Deed Of Trust
related
$2,550,000 · Leesport Bk
—
—
Smita A Shah
—
Deed Of Trust
related
$1,050,000 · Sw Valley LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 635 Spg St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
