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Property profile & analytics
OFF-MARKET
Estimated value
$7,550,000
Hotels
84 Relco Dr Manchester, TN 37355-7556
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1671123
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Total area
39,906 SF
Lot
1.28 ac (55,757 SF)
APN
016085 02211
UPID
US80-1671123
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
-
Sleep Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.55M
Owner & transaction history
Avyu Hotels LLC · 2 yrs held
Avyu Hotels LLC
since 2024
Last sale
$7.6M
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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
$7,550,000
ML approach
$7,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.55M
Range $6.80M – $8.31M · ±10% · vs last sale $7.55M (Apr 25 2024)
Last sale anchor
$7.55M
Apr 25 2024
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
$189 / 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
$53,269
Tax year 2023
Assessed value
$1,467,520
Assessed 2023
Previous assessed
$1,467,520
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$149,760
Assessed improvement
$1,317,760
Land market value
$374,400
Improvement market value
$3,294,400
Total market value
$3,668,800
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2008
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
77
Total area
39,906 SF
Lot
1.28 ac (55,757 SF)
APN
016085 02211
UPID
US80-1671123
Jurisdiction
COFFEE
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
2008
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
77
Lot
1.28 ac
Current owner
From public records · entity-resolved
Avyu Hotels LLC
Entity
Mailing address
84 RELCO DR, MANCHESTER, TN 37355-7556
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2024
$7,550,000
Avyu Hotels LLC
American Hotels Manchester
Special Warranty Deed
$3,864,500 · Renasant Bank
Aug 6, 2008
—
American Hotels-manchester Gp
Sleep Inn & Suites Manchester
Quit Claim Deed
related
$3,520,808 · Haven Tr Bk
Jun 26, 2008
—
Sleep Inn & Suites Manchester
Kalvala,jay S
Quit Claim Deed
related
—
Aug 28, 2007
—
Kalvala,jay S
—
Trustees Deed
related
$2,000,000 · Us Bk
Jun 29, 2007
$337,500
Kalvala,jay S
Relco
Warranty Deed
—
—
—
American Hotels-manchester Gp
—
Loan Modification
related
$3,520,808 · Rosslare Fndg
—
—
Kalvala,jay S
—
Deed Of Trust
related
$53,750 · Us Bk
—
—
American Hotels-manchester Gp
—
Deed Of Trust
related
$2,311,327 · Rosslare Fndg
—
—
American Hotels-manchester Gp
—
Deed Of Trust
related
$1,420,000 · Rosslare Fndg
—
—
American Hotels-manchester Gp
—
Loan Modification
related
$3,520,808 · Rosslare Fndg
—
—
America Hotels-manchester Gp
—
Loan Modification
related
$3,520,808 · Rosslare Fndg
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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