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Property profile

1640 Wenatchee Ave Wenatchee, WA 98801

OFF-MARKET
Hotels
Property ID
US90-1995058
43,367 SF 1.5 ac lot Built 2021
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2021
Total area 43,367 SF
Lot 1.5 ac (65,340 SF)
APN 232033783470
UPID US90-1995058

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.04M
Comparable Approach Comparable
$3.43M
Blend (final) Blend
$3.74M

Owner & transaction history

since 2018
7 recorded transactions
2023
Price N/A
2020
Price N/A
2018
Price N/A
2013
$600,000
2013
Price N/A
2008
Price N/A
2005
$1.3M

Zoning & alternative use

Top alternative use upside
Auto repair, garage $5.8M +36.0%
Restaurant $5.8M +35.4%
Apartment house (5+ units) $5.0M +18.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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