Landmark Full Service Hotel


Original Assessed Value $55,000,000
Final Assessed Value $44,500,000
Annual Tax Savings $290,000


Through conducting in-depth analysis of the subject property in addition to a comprehensive survey of the subject property’s competitive set, an appeal position was identified based on the value proposed by the appraisal district. Using both income and equal & uniform methods of review, a favorable settlement offer was achieved through the informal Appraisal Review Board and litigation levels processes.