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Property profile & analytics
OFF-MARKET
Estimated value
$9,315,000
Hotels
2931 Marine Vw Dr, Everett, WA 98201-3927
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-1534508
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2014
Construction
WOOD
Total area
76,994 SF
Lot
0.38 ac (16,553 SF)
Zoning code
F6
APN
439167901900
UPID
US90-1534508
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
-
Hampton Inn Seattle/Everett Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.86M
Comparable Approach
Comparable
$6.08M
Blend (final)
Blend
$9.32M
Owner & transaction history
Everett Hospitality Co LLC · 13 yrs held
Everett Hospitality Co LLC
since 2012
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%
$9,600,000
6.5%
$8,860,000
7%
$8,230,000
Blend value · Realmo final
$9.32M
Range $8.38M – $10.25M · ±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
$121 / 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
$120,220
Tax year 2023
Assessed value
$14,640,000
Assessed 2023
Previous assessed
$14,884,000
-1.6% YoY
Effective rate
0.82%
On assessed value
Assessed land
$715,800
Assessed improvement
$13,924,200
Land market value
$715,800
Improvement market value
$13,924,200
Total market value
$14,640,000
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
2014
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
76,994 SF
Lot
0.38 ac (16,553 SF)
Zoning code
F6
APN
439167901900
UPID
US90-1534508
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
2014
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Everett Hospitality Co LLC
Entity
Mailing address
211 DEXTER AVE N, SEATTLE, WA 98109-5105
Ownership since
2012
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
Nov 21, 2012
—
Everett Hospitality Co LLC
Path Farmers Market LLC
Grant Deed
—
Jul 5, 2012
$750,000
Path Farmers Market LLC
Lapinski,richard JR
Warranty Deed
$1,100,000 · Executive Inv
May 23, 2003
$350,000
Richard Lapinski
Por-son Investment Corp
Grant Deed
$288,000 · Coastal Community Bank
Apr 1, 1991
$250,000
Steven M Olson
Unknown
Grant Deed
$210,000 · Seller
—
—
Por-son Investment Corp
—
Deed Of Trust
related
$295,500 · Individual
—
—
Richard Lapinski JR.
—
Deed Of Trust
related
$400,000 · Bank Of Everett
—
—
Everett Hospitality Co LLC
—
Deed Of Trust
related
$8,850,000 · Everett Sub-cde I LLC
—
—
Por-son Investment INC
—
Deed Of Trust
related
$30,000 · Individual
—
—
Richard L Lapinski JR.
—
Deed Of Trust
related
$90,000 · Frontier Bank
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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