650 BORTHWICK AVE
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Location
650 BORTHWICK AVE
Mblu
0234/ 0007/ 0006/ /
Acct#
35513
Owner
NAVEESHA HOSPITALITY LLC
PBN
Assessment
$6,975,100
Appraisal
$6,975,100
PID
35513
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$4,917,100$2,058,000$6,975,100
Assessment
Valuation YearImprovementsLandTotal
2025$4,917,100$2,058,000$6,975,100

Owner of Record
OwnerNAVEESHA HOSPITALITY LLC
Co-Owner
Address110 HARTWELL AVE SUITE 300
LEXINGTON, MA 02421
Sale Price$8,315,266
Certificate
Book & Page 6434/696
Sale Date08/24/2022
Instrument66

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NAVEESHA HOSPITALITY LLC$8,315,266 6434/6966608/24/2022
CREFIII WARAMAUG PORTSMOUTH LLC$4,461,800 5620/16754005/26/2015
CSMC 2007-C5 - FFI HOTEL PORTFOLIO LLC$8,707,500 5565/10538110/03/2014
PORTSMOUTH FFI LLC$6,298,000 4798/02970005/11/2007

Building Information
Building 1 : Section 1
Year Built: 1980
Living Area: 45,364
Replacement Cost: $5,702,757
Building Percent Good: 76
Replacement Cost
Less Depreciation:
$4,334,100
Building Attributes
FieldDescription
Style:Inn/Motel
ModelCommercial
GradeB-
Stories:4
Occupancy105.00
Residential Units 
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverT & Grvl/Rubbr
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelElectric
Heating TypeHot Air-no Duc
AC TypeUnit/AC
Bldg UseHOTELS
Total Rooms 
Total Bedrms 
Total Baths 
Kitchen Grd 
Heat/ACHEAT/AC PKGS
Frame TypeFIREPRF STEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall 
1st Floor Use: 
Class 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 33,776 33,776
BASFirst Floor 11,588 11,588
CANCanopy 598 0
   45,962 45,364

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1ELEVATOR PASS4.00 STOPS$263,0001
SPR1SPRINKLERS-WET45148.00 S.F.$181,9001

Land
Land Use
Use Code3000
DescriptionHOTELS  
ZoneGB
Neighborhood302
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.89
Frontage
Depth
Assessed Value$2,058,000
Appraised Value$2,058,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT5MERC VAP/FLU  3.00 UNITS$3,0001
PAV1PAVING-ASPHALT  32000.00 S.F.$48,0001
SPL8COMM SWIM POOL  756.00 S.F.$85,8001
SHD1SHED FRAME  144.00 S.F.$1,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$4,917,100$2,058,000$6,975,100
2024$4,917,100$2,058,000$6,975,100
2023$4,131,500$1,785,000$5,916,500

Assessment
Valuation YearImprovementsLandTotal
2025$4,917,100$2,058,000$6,975,100
2024$4,917,100$2,058,000$6,975,100
2023$4,131,500$1,785,000$5,916,500

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