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Property profile & analytics
OFF-MARKET
Estimated value
$5,850,000
Hotels
17959 Mcewan Rd, Portland, OR 97224-7206
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0680969
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1979
Total area
34,200 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CG
APN
2S113DA-01100
UPID
US71-0680969
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
-
Motel 6 Portland, OR - Tigard West 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
$5.85M
Owner & transaction history
Tigard West Hotel LLC · 4 yrs held
Tigard West Hotel LLC
since 2022
Last sale
$6.1M
7 recorded transactions
Zoning & alternative use
CG · Portland, OR
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
$5,355,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.85M
Range $5.27M – $6.44M · ±10% · vs last sale $6.10M (Mar 4 2022)
Last sale anchor
$6.10M
Mar 4 2022
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
$171 / 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
$44,164
Tax year 2023
Assessed value
$2,333,320
Assessed 2023
Previous assessed
$2,265,360
+3.0% YoY
Effective rate
1.89%
On assessed value
Land market value
$1,699,520
Improvement market value
$2,193,030
Total market value
$3,892,550
Applied tax rate
17.0000
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
1979
Heating
NONE
Total area
34,200 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CG
APN
2S113DA-01100
UPID
US71-0680969
Jurisdiction
WASHINGTON
Zoning & alternative use
CG · Portland, OR
Zoning CG · permitted uses
CG · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Lot
1.54 ac
Current owner
From public records · entity-resolved
Tigard West Hotel LLC
Entity
Mailing address
10807 LAUREL ST STE #100, RANCHO CUCAMONGA, CA 91730-0633
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
$6,100,000
Tigard West Hotel LLC
G6 Hospitality Property LLC
Special Warranty Deed
$4,770,000 · Royal Business Bank
Sep 15, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 9, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Jp Morgan Chase Bk
Sep 6, 2012
—
G6 Hospitality Property LLC
Glasjar Property LLC
Grant Deed
—
Mar 26, 2001
—
Gj Remainder LLC
Glasjar Funding LP
Grant Deed
related
—
Feb 18, 1997
$3,962,560
Glasjar Funding LP
Allstar Inns INC
Grant Deed
related
$320,125,000 · Chase Manhattan Bank
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · Jp Morgan Chase Bk
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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