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Property profile & analytics
OFF-MARKET
Estimated value
$4,595,000
Hotels
1414 228th SE St, Bothell, WA 98021-7400
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US90-1050863
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1996
Construction
WOOD
Total area
29,418 SF
Lot
1.33 ac (57,935 SF)
Zoning code
RACOPCB
APN
519300100105
UPID
US90-1050863
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
-
Comfort Inn & Suites Bothell - Seattle North Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.41M
Comparable Approach
Comparable
$3.98M
Blend (final)
Blend
$4.60M
Owner & transaction history
C & K Hospitality LLC · 16 yrs held
C & K Hospitality LLC
since 2010
7 recorded transactions
Zoning & alternative use
RACOPCB · Bothell, 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 Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell 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%
$3,690,000
6.5%
$3,405,000
7%
$3,160,000
Blend value · Realmo final
$4.60M
Range $4.14M – $5.05M · ±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
$156 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$54,848
Tax year 2023
Assessed value
$6,890,000
Assessed 2023
Previous assessed
$6,671,000
+3.3% YoY
Effective rate
0.80%
On assessed value
Assessed land
$1,979,300
Assessed improvement
$4,910,700
Land market value
$1,979,300
Improvement market value
$4,910,700
Total market value
$6,890,000
Applied tax rate
902.0000
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
1996
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
3
Units
61
Rooms
61
Total area
29,418 SF
Lot
1.33 ac (57,935 SF)
Zoning code
RACOPCB
APN
519300100105
UPID
US90-1050863
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RACOPCB · Bothell, WA
Zoning RACOPCB · permitted uses
RACOPCB · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bothell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Units
61
Rooms
61
Lot
1.33 ac
Current owner
From public records · entity-resolved
C & K Hospitality LLC
Entity
Mailing address
1414 228TH ST SE, BOTHELL, WA 98021-7400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2022
—
C&k Hospitality LLC
—
Deed
related
$4,600,000 · Wells Fargo Bank NA
May 24, 2018
—
C & K Hospitality LLC
—
Deed
related
$4,752,000 · Unibank
Jun 4, 2010
$5,100,000
C & K Hospitality LLC
Sonmar Of Bothell INC
Warranty Deed
$2,000,000 · Pacific City Bank
Feb 28, 1995
$213,173
Sonmar Of Bothell INC
Fifth Avenue Asociates
Grant Deed
related
$2,100,000 · Frontier Bank
Feb 1, 1995
$213,173
—
—
Grant Deed
related
—
Mar 1, 1989
$2,503,150
Fifth Avenue Associates
Unknown
Grant Deed
related
—
—
—
C & K Hospitality LLC
—
Deed Of Trust
related
$4,700,000 · Bbcn Bk-washington
—
—
Sonmar Of Bothell INC
—
Deed Of Trust
related
$2,300,000 · John Hancock Mutual Life Ins
—
—
C & K Hospitality LLC
—
Deed Of Trust
related
$4,752,000 · Unibank
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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