Building Summary

Data last updated on: 11/13/2024     Ownership current as of: 11/5/2024     Tax Year: 2024
REID 154278

PIN # 0738-04-7228

Location Address Property Description
301 RESIDENCE INN BLVD PROP-MARRIOTT ADD/SEC:01/ COURTYARD @ MARRIOTT/LT# PL:000123-000141
   
Property Owner Owner's Mailing Address
JPS INC
308 WHITE IRIS LOOP
CARY NC 27519
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Building Location Address
301 RESIDENCE INN BLVD
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Building Details

Building Name HOTEL MASONRY
Primary Occupancy Type COMMERCIAL
Primary Occupancy 43M-HOTEL-MASONRY
Primary Class H1M
Primary Quality B+
Year Built 1998
Effective Year 1998
Physical Depreciation (Rating) CAW-CDU PERCENTAGE
Physical Depreciation (% Bad) 37.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad) 6.00
Gross Leasable Area (SQFT) 63731
Remodeled Year
Total Stories

Section Details

Occupancy Type COMMERCIAL


Quality B+
Heat 11-UN-WALL-HEAT-COM
Cost Design COST-DESIGN
53-HYDRAULIC-PASSANG 2
50S-ELV-STOP-COM 6
Depreciation 37%
Depreciation CAW-CDU PERCENTAGE
Sprinkler 1-WET-SPRINKLER
Class H1M
Exterior Walls N/A-EXT-WALL
Occupancy 43M-HOTEL-MASONRY
Building Total & Improvement Details

Total Adjusted Replacement Cost New $10,906,186
Physical Depreciation (% Bad) CAW-CDU PERCENTAGE 37.00
Depreciated Value $6,870,897
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 6.00
Total Depreciated Value $6,458,643
Market Area Factor 1.00
Building Value $6,679,990
Misc Improvements Value $54,727
Total Improvement Value $6,734,717

Assessed Land Value $1,079,010
   
Assessed Total Value $7,813,727


Addition Summary 
StoryTypeCodeArea
1.00 Canopy Commercial 41 114
1.00 Commercial Storage 56 70
3.00 Canopy Commercial 41 36
1.00 Canopy Commercial 41 50
3.00 Canopy Commercial 41 42
1.00 Canopy Commercial 41 66
2.00 Canopy Commercial 41 36
1.00 Canopy Commercial 41 48
2.00 Canopy Commercial 41 56
2.00 Canopy Commercial 41 84
1.00 Canopy Commercial 41 774
2.00 Canopy Commercial 41 56
1.00 Canopy Commercial 41 104
3.00 Canopy Commercial 41 36
1.00 Canopy Commercial 41 30
3.00 Canopy Commercial 41 36
2.00 Canopy Commercial 41 42
3.00 Canopy Commercial 41 70
1.00 Canopy Commercial 41 74
3.00 Canopy Commercial 41 196
1.00 Canopy Commercial 41 70
2.00 Canopy Commercial 41 42
1.00 Canopy Commercial 41 66
3.00 Canopy Commercial 41 42
1.00 Canopy Commercial 41 50
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
43050 SIZE Asphalt Paving 1998 75 35517
648 SIZE Swimming Pool/Concrete 1998 50 19210
 


Building Sketch
Photograph
Building Sketch Building Photo
(Click sketch for bigger image)




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