727 MARRETT RD
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Location
727 MARRETT RD
Mblu
51/ / 56A/ /
Acct#
Owner
LIXI HOSPITALITY LEXINGTON INC
Total Market Value
$21,715,000
PID
7045
Building Count
2
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$13,759,000$7,956,000$21,715,000

Owner of Record
OwnerLIXI HOSPITALITY LEXINGTON INC
Co-OwnerC/O LIXI GROUP
Address4545 BLVD COTE-VERTU QUEST

ST LAURENT, QC H4S1C8
Sale Price$36,000,000
Certificate
Book & Page 66982/0593
Sale Date03/25/2016
Instrument1C

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
LIXI HOSPITALITY LEXINGTON INC$36,000,000 66982/05931C03/25/2016
A & E LEXINGTON HOTELS OWNER LLC$36,000,000 61118/05311V02/01/2013
STARWOOD LEXINGTON REALTY LLC$10 46840/00721A01/18/2006
SLT REALTY LIMITED PARTNERSHIP$15,558,066 27667/01681N09/12/1997
FLATLEY THOMAS J$9,513,967 17487/0281UNKQ10/14/1986

Building Information
Building 1 : Section 1
Year Built: 2008
Living Area: 68,444
Replacement Cost: $9,049,836
Building Percent Good: 74
Replacement Cost
Less Depreciation:
$6,697,000
Building Attributes
FieldDescription
Style:MOTEL
ModelCommercial
GradeC+
Stories:4
Occupancy1.00
Exterior Wall 1BRICK/MSNRY
Exterior Wall 2 
Roof StructureFLAT
Roof CoverT&G COMM
Interior Wall 1SKIM COAT PLST
Interior Wall 2 
Interior Floor 1WW/CARPET
Interior Floor 2CER/CLAY/TILE
Heating FuelGAS
Heating TypeFORCED AIR DUC
AC TypeCENTRAL
Bldg UseMOTELS MDL-94
Total Rooms 
Total Bedrms136
Total Baths136
1st Floor Use:3010
Heat/ACHEAT/AC SPLIT
Frame TypeFIREPRF STEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 48,858 48,858
BASFirst Floor 19,586 19,586
CANCanopy 1,428 0
FOPPorch, Open, Finished 72 0
PTOPatio 1,416 0
   71,360 68,444
Building 2 : Section 1
Year Built: 2008
Living Area: 81,419
Replacement Cost: $9,276,544
Building Percent Good: 69
Replacement Cost
Less Depreciation:
$6,401,000
Building Attributes : Bldg 2 of 2
FieldDescription
Style:MOTEL
ModelCommercial
GradeC
Stories:4
Occupancy1.00
Exterior Wall 1ABOVE AVG
Exterior Wall 2CLAPBOARD
Roof StructureFLAT
Roof CoverT&G COMM
Interior Wall 1SKIM COAT PLST
Interior Wall 2 
Interior Floor 1WW/CARPET
Interior Floor 2 
Heating FuelGAS
Heating TypeFORCED AIR DUC
AC TypeCENTRAL
Bldg UseMOTELS MDL-94
Total Rooms 
Total Bedrms123
Total Baths123
1st Floor Use:3010
Heat/ACHEAT/AC SPLIT
Frame TypeFIREPRF STEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 59,292 59,292
BASFirst Floor 22,127 22,127
PTOPatio 2,457 0
   83,876 81,419

Extra Features
Extra Features
CodeDescriptionSizeBldg #
ELVElevator4.00 Story2
ELVElevator4.00 Story2
FPLFIREPLACE1.00 UNITS1
SPR1SPRINKLERS-WET68556.00 S.F.1
SPR1SPRINKLERS-WET81599.00 S.F.2
ELVElevator4.00 Story1
ELVElevator4.00 Story1

Land
Land Use
Use Code3010
DescriptionMOTELS MDL-94  
ZoneCD-13
NeighborhoodB
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)561924
Frontage
Depth0
Total Market Land$7,956,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeBldg #
SPL2VINYL/PLASTIC  336.00 S.F.2
PAV1PAVING-ASPHALT  80000.00 S.F.1
SGN2DOUBLE SIDED  24.00 S.F.&HGT2
LT1LIGHTS-IN W/PL  29.00 UNITS1
LT2W/DOUBLE LIGHT  2.00 UNITS1
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$13,759,000$7,956,000$21,715,000
2025$13,474,000$7,920,000$21,394,000
2024$12,949,000$7,542,000$20,491,000
2023$14,736,000$6,875,000$21,611,000

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