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Property profile & analytics
OFF-MARKET
Estimated value
$6,010,000
Hotels
3021 196th SW St, Lynnwood, WA 98036-6925
Entity Owned
~
Est. High Equity
Property ID
US90-1480895
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1997
Construction
WOOD
Total area
49,112 SF
Lot
3.43 ac (149,411 SF)
Zoning code
LA
APN
372601200601
UPID
US90-1480895
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
-
Extended Stay America - Seattle - Lynnwood Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.69M
Comparable Approach
Comparable
$4.72M
Blend (final)
Blend
$6.01M
Owner & transaction history
Esa C2 Portfolio LLC
Esa C2 Portfolio LLC
since 2025
7 recorded transactions
Zoning & alternative use
LA · Lynnwood, 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 Lynnwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnwood 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%
$6,160,000
6.5%
$5,685,000
7%
$5,280,000
Blend value · Realmo final
$6.01M
Range $5.41M – $6.61M · ±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
$122 / 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
$61,828
Tax year 2023
Assessed value
$8,175,000
Assessed 2023
Previous assessed
$10,355,000
-21.1% YoY
Effective rate
0.76%
On assessed value
Assessed land
$5,001,100
Assessed improvement
$3,173,900
Land market value
$5,001,100
Improvement market value
$3,173,900
Total market value
$8,175,000
Applied tax rate
452.0000
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
1997
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
4
Bathrooms
1
Total area
49,112 SF
Lot
3.43 ac (149,411 SF)
Zoning code
LA
APN
372601200601
UPID
US90-1480895
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LA · Lynnwood, WA
Zoning LA · permitted uses
LA · Lynnwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynnwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
4
Bathrooms
1
Lot
3.43 ac
Current owner
From public records · entity-resolved
Esa C2 Portfolio LLC
Entity
Mailing address
11525 N COMMUNITY HOUSE RD, CHARLOTTE, NC 28277-3609
Ownership since
2025
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
Feb 4, 2026
—
Esa C2 Portfolio L L C
—
Deed
related
—
Dec 16, 2025
—
Esa C2 Portfolio LLC
Esa P Portfolio LLC
Bargain & Sale Deed
—
Jun 22, 2021
—
Esa P Portfolio LLC
—
Deed
related
—
Dec 29, 2005
—
Bre Of Esa P Portfolio LLC
Bre Of Esa Properties LLC
Quit Claim Deed
—
Jun 1, 2004
—
Bre/esa Properties LLC
Esa Washington INC
Quit Claim Deed
related
$2,050,000 · Mers Trustee
May 21, 1997
$1,378,299
Esa 0810 INC
Lynnham Co LLC
Grant Deed
—
Dec 6, 1996
—
Lynnham Co
Hardman,walter M
Quit Claim 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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