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Property profile & analytics
OFF-MARKET
Hotels
1017 Wenatchee Ave, Wenatchee, WA 98801-1574
Entity Owned
~
Est. High Equity
Property ID
US90-1868717
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1956
Total area
54,582 SF
Lot
2.34 ac (101,930 SF)
APN
232034860010
UPID
US90-1868717
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Best Western Chieftain Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Group Jbs LLC
The Group Jbs LLC
since 2025
Last sale
$7.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wenatchee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$43,353
Tax year 2024
Assessed value
$5,172,020
Assessed 2023
Previous assessed
$5,379,608
-3.9% YoY
Effective rate
0.84%
On assessed value
Assessed land
$1,020,270
Assessed improvement
$4,151,750
Land market value
$1,020,270
Improvement market value
$4,151,750
Total market value
$5,172,020
Applied tax rate
802.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1956
Heating
NONE
Total area
54,582 SF
Lot
2.34 ac (101,930 SF)
APN
232034860010
UPID
US90-1868717
Jurisdiction
CHELAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Lot
2.34 ac
Current owner
From public records · entity-resolved
The Group Jbs LLC
Entity
Mailing address
10172 N WENETCHEE AVE, WENATCHEE, WA 98801
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
—
The Group Jbs LLC
Jbs Group LLC
Quitclaim Deed
related
—
Nov 26, 2025
$7,300,000
Shree Shakti LLC
The Group Jbs LLC
Warranty Deed
$5,000,000 · Pcb Bank
Feb 5, 2024
—
Jbs Group LLC
Pac Nor Lodging LLC
Warranty Deed
$4,739,000 · Pcb Bank
Sep 29, 2021
$6,353,692
Pac Nor Lodging LLC
Limster Corporation
Warranty Deed
$4,340,000 · Pacific City Bank
Jul 30, 2018
—
Limster Corporation
—
Deed
related
$4,456,000 · Barkley Financial Center
Aug 14, 2014
$5,000,000
Limster Corp
Dashmesh Hotel Group LLC
Grant Deed
$4,854,000 · Unibank
Dec 30, 2010
—
Dashmesh Hotel Group LLC
Kishore Shah
Quit Claim Deed
related
$4,500,000 · National Bank Of Commerce
Jun 20, 2007
—
Gill Hotel Investments LLC
Satinder Hotel Investments LLC
Quit Claim Deed
related
$3,993,750 · First National Bank
Mar 7, 2005
$4,375,719
Niti Hotel Investments LLC
Steve Tramp
Warranty Deed
$3,075,000 · Cashmere Valley Bank
Nov 1, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Gill Hotel Investments LLC
—
Deed Of Trust
related
$220,000 · Kishore Shah
—
—
Gill Hotel Investments LLC
—
Deed Of Trust
related
$865,000 · Roop Chaudhry
—
—
Gill Hotel Investments LLC
—
Deed Of Trust
related
$865,000 · Surjit Multani
—
—
Gill Hotel Investments LLC
—
Deed Of Trust
related
$404,500 · National Bank Commerce Tr & Sa
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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