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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Hotels
2301 Broadway, Everett, WA 98201-3016
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-0286928
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1947
Construction
CONCRETE
Total area
13,026 SF
Lot
0.34 ac (14,810 SF)
Zoning code
F6
APN
439149500100
UPID
US90-0286928
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 Express Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.02M
Owner & transaction history
Northstar Express LLC · 11 yrs held
Northstar Express LLC
since 2015
7 recorded transactions
Zoning & alternative use
F6 · Everett, 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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±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
$78 / 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
$20,368
Tax year 2023
Assessed value
$2,480,300
Assessed 2023
Previous assessed
$2,225,000
+11.5% YoY
Effective rate
0.82%
On assessed value
Assessed land
$750,000
Assessed improvement
$1,730,300
Land market value
$750,000
Improvement market value
$1,730,300
Total market value
$2,480,300
Applied tax rate
10.0000
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
1947
Construction
CONCRETE
Heating
YES
Cooling
NONE
Stories
2
Total area
13,026 SF
Lot
0.34 ac (14,810 SF)
Zoning code
F6
APN
439149500100
UPID
US90-0286928
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F6 · Everett, WA
Zoning F6 · permitted uses
F6 · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Northstar Express LLC
Entity
Mailing address
2301 BROADWAY, EVERETT, WA 98201-3016
Ownership since
2015
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 30, 2017
—
Northstar Express LLC
—
Deed
related
$500,000 · Bank Of Hope
May 11, 2015
—
Northstar Express LLC
Lee Yon H
Quit Claim Deed
related
—
Oct 29, 2010
—
Lee,yon H & Mi C
Lee,daniel
Quit Claim Deed
related
$520,000 · Hana Small Busn Lndg
Feb 18, 2000
—
Yon H Lee
Kim,young J
Quit Claim Deed
related
—
Feb 18, 2000
$670,000
Lee,yon H
Luo,si
Trustees Deed
$600,000 · Olympic Bank & Mortgage
Dec 31, 1998
$320,000
Si Luo
Koh Trust
Grant Deed
—
Apr 1, 1989
$545,000
Christopher J Et Al Koh
Unknown
Grant Deed
$348,800 · Seller
—
—
Si Luo
—
Deed Of Trust
related
$300,000 · Farmers Bank Of China
—
—
Northstar Express LLC
—
Loan Modification
related
$520,000 · Hana Small Busn Lndg
—
—
Northstar Express LLC
—
Deed Of Trust
related
$500,000 · Bank Of Hope
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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