Detailed Property Information

Income Summary

Data last updated on: 7/3/2024     Ownership current as of: 6/27/2024     Tax Year: 2024
REID 6886619798000

PIN # 6886-61-9798

Location Address Property Description
734 East Mountain ST KINGS INN LO:107 BL:5406 BU:1
   
Property Owner Owner's Mailing Address
HM HOSPITALITY LLC
393 S SWING RD
GREENSBORO NC 27409
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Notes
Sales
Photos
Tax Bill
Map
Income Modeling
Income Model Type Apartments S1
Income Location Average
Economic Year Built 1990
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
2002 KINGS INNUNITS 31 $12,775.00 $396,025.00
Rest BsmtSQFT 1,400 $1.00 $1,400.00
RestaurantSQFT 1,400 $11.00 $15,400.00
RoomsUNITS 44 $12,805.00 $563,420.00


Total Units 75
Total Sqft 2800
Total Potential Gross Income $976,245.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $634,559.25
     Deductions Total (% of PGI) 65.000%
Misc Income $5,808.20
     Misc Income (% of PGI) 0.595%
Total Effective Gross Income $347,493.95
 
Total Expenses $0.00
Total Expenses Override $260,620.46
NET Income $86,873.49
     Percentage of PGI 8.899%
     Percentage of EGI 25.000%
 
Final Value

Income Method Overall Rate
Rate Used 0.105000


Total Value $827,366.57
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $827,400.00
Final Value Override $0.00