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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Bed & breakfasts
228 B St, Ashland, OR 97520-1913
Individually Owned
4-yr Hold
Free & Clear
Property ID
US71-0211820
Property profile
Verified
Property type
Bed & breakfasts
Use group
BED & BREAKFAST
Year built
1880
Total area
2,831 SF
Lot
0.3 ac (13,068 SF)
Zoning code
R-2
APN
1-0064861
UPID
US71-0211820
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
-
Swank House-The Matriarch Heritage House + Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$913k
Blend (final)
Blend
$915k
Owner & transaction history
Londa Rae Rowley · 4 yrs held
Londa Rae Rowley
since 2022
Last sale
$995,000
7 recorded transactions
Zoning & alternative use
R-2 · Ashland, 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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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
$875,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$925,000
Current use
COMMERCIAL (GENERAL)
$815,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $995k (Mar 28 2022)
Last sale anchor
$995k
Mar 28 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
$323 / 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
$7,557
Tax year 2023
Assessed value
$474,930
Assessed 2023
Previous assessed
$461,100
+3.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$177,370
Assessed improvement
$297,560
Land market value
$264,800
Improvement market value
$444,380
Total market value
$709,180
Applied tax rate
501.0000
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
Bed & breakfasts
Use group
BED & BREAKFAST
Status
Off-Market
Year built
1880
Heating
NONE
Total area
2,831 SF
Lot
0.3 ac (13,068 SF)
Zoning code
R-2
APN
1-0064861
UPID
US71-0211820
Jurisdiction
JACKSON
Zoning & alternative use
R-2 · Ashland, OR
Zoning R-2 · permitted uses
R-2 · Ashland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$925,000
COMMERCIAL (GENERAL)
Est. value
$815,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1880
Heating
NONE
Lot
0.3 ac
Current owner
From public records · entity-resolved
Londa Rae Rowley
Individual
Free & Clear · 4 yrs held
Mailing address
228 B ST, ASHLAND, OR 97520-1913
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2022
$995,000
Londa Rae Rowley
Hani H Hajje
Warranty Deed
—
Nov 6, 2017
—
Hajje,hani H Living Trust
Hajje Hani H Living Trust
Quit Claim Deed
related
—
Jun 9, 2016
—
Hajje,hani H Living Trust
Pelton Guest House LLC
Warranty Deed
—
Dec 11, 2015
$685,000
Pelton Guest House LLC
Barnhill Mary K Trust
Warranty Deed
$640,000 · Evergreen Fed'l S&l
Dec 7, 2005
—
Barnhill,mary K Trust
Barnhill Mary K Trust
Quit Claim Deed
related
—
Aug 1, 2003
—
Mary K Barnhill
Est,barnhill
Quit Claim Deed
related
$436,000 · Countrywide Home Loans INC
Jan 10, 2002
$545,000
Mary K Barnhill
Morse,stephen H & Suzanne M
Grant Deed
$436,000 · Union Planters National Bank
Sep 30, 1998
$400,000
Stephen H Morse
Ferguson,john & Linda
Grant Deed
$279,950 · Klamath First Federal S & L
Feb 22, 1994
—
John Ferguson
Ferguson,john & Linda H
Grant Deed
related
—
May 1, 1992
$98,000
John Ferguson
Miller,robert M & Denise
Grant Deed
related
—
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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