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Property profile & analytics
OFF-MARKET
Estimated value
$2,040,000
Hotels
102 15th NE St Auburn, WA 98002-1606
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0716130
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1982
Construction
WOOD
Total area
12,960 SF
Lot
0.63 ac (27,259 SF)
Zoning code
C3
APN
000080-0040
UPID
US90-0716130
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
-
Economy Inn Auburn Hotel & Motel
-
Clearwire Bitch Complain Site Telecommunications Service
-
Rodeway Inn Auburn - Seattle Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.53M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$2.04M
Owner & transaction history
Rk Hospitality LLC · 8 yrs held
Rk Hospitality LLC
since 2017
7 recorded transactions
Zoning & alternative use
C3 · Auburn, WA
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,740,000
6.5%
$2,530,000
7%
$2,350,000
Blend value · Realmo final
$2.04M
Range $1.84M – $2.24M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$157 / SF
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 2022Property tax & assessments
Tax year 2022
Tax billed
$30,615
Tax year 2022
Assessed value
$2,509,400
Assessed 2022
Previous assessed
$2,509,400
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$463,400
Assessed improvement
$2,046,000
Land market value
$463,400
Improvement market value
$2,046,000
Total market value
$2,509,400
Applied tax rate
133.0000
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
1982
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
2
Total area
12,960 SF
Lot
0.63 ac (27,259 SF)
Zoning code
C3
APN
000080-0040
UPID
US90-0716130
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C3 · Auburn, WA
Zoning C3 · permitted uses
C3 · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Lot
0.63 ac
Current owner
From public records · entity-resolved
Rk Hospitality LLC
Entity
Mailing address
29304 118TH AVE SE, AUBURN, WA 98092-2014
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2017
$2,099,000
Rk Hospitality LLC
J&r Hospitality LLC
Warranty Deed
$2,120,000 · Mountain Pacific Bank
Sep 22, 2009
$2,010,000
J & R Hospitality LLC
Sandhu Motor Inn LLC
Grant Deed
$1,498,000 · United Western Bank
—
—
Michelle H Pennington
—
Deed Of Trust
related
$237,000 · Individual
—
—
Michelle H Pennington
—
Deed Of Trust
related
$653,000 · North Pacific Bank
—
—
Sandhu Motor Inn LLC
—
Deed Of Trust
related
$1,320,000 · Mt Rainier National Bank
—
—
Sandhu Motor Inn LLC
—
Deed Of Trust
related
$1,235,400 · Imperial Bank
—
—
Jean M O'brien
—
Deed Of Trust
related
$650,000 · Sterling Savings Association
—
—
Auburn Models Valu-inn
—
Deed Of Trust
related
$1,005,000 · City Bank
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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