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Property profile & analytics
OFF-MARKET
Estimated value
$1,965,000
Hotels
7121 Preston Hwy Louisville, KY 40219-2721
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US34-2366100
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1996
Total area
40,389 SF
Lot
2.72 ac (118,657 SF)
Zoning code
EZ1-ENTERPRISE ZONE
APN
23098000060000
UPID
US34-2366100
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
-
InTown Suites Extended Stay Louisville KY - Preston Hwy Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.97M
Owner & transaction history
Intown Properties II LLC · 1 yrs held
Intown Properties II LLC
since 2025
4 recorded transactions
Zoning & alternative use
EZ1-ENTERPRISE ZONE · Louisville, KY
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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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%
$2,530,000
6.5%
$2,340,000
7%
$2,170,000
Blend value · Realmo final
$1.97M
Range $1.77M – $2.16M · ±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
$49 / 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
$35,974
Tax year 2023
Assessed value
$3,080,000
Assessed 2023
Previous assessed
$3,080,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$429,150
Assessed improvement
$2,650,850
Land market value
$429,150
Improvement market value
$2,650,850
Total market value
$3,080,000
Applied tax rate
6.0000
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/MOTEL
Status
Off-Market
Year built
1996
Heating
YES
Cooling
NONE
Stories
3
Total area
40,389 SF
Lot
2.72 ac (118,657 SF)
Zoning code
EZ1-ENTERPRISE ZONE
APN
23098000060000
UPID
US34-2366100
Jurisdiction
JEFFERSON
Zoning & alternative use
EZ1-ENTERPRISE ZONE · Louisville, KY
Zoning EZ1-ENTERPRISE ZONE · permitted uses
EZ1-ENTERPRISE ZONE · Louisville, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
YES
Cooling
Yes
Stories
3
Lot
2.72 ac
Current owner
From public records · entity-resolved
Intown Properties II LLC
Entity
Mailing address
7121 PRESTON HWY, LOUISVILLE, KY 40219-2721
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2025
—
Intown Properties II LLC
—
Deed
related
—
Aug 5, 2022
—
Intown Properties II LLC
—
Deed
related
$120,000,000 · Deutsche Bank National Trust Co
Jul 10, 2017
—
Intown Properties II LLC
—
Grant Deed
related
$200,000,000 · Goldman-sachs Mtg
Jun 29, 2007
—
Intown Properties II LLC
—
Deed Of Trust
related
$186,000,000 · Greenwich Capital Fin'l INC
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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