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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Hotels
315 Olympia Dr 53 Vancouver, WA 98684-6900
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2030649
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2014
Construction
WOOD
Total area
72,568 SF
Lot
3 ac (130,680 SF)
Zoning code
MX : VAN
APN
167669-000
UPID
US90-2030649
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 & Suites Portland/Vancouver Hotel & Motel
-
British Swim School at Hampton Inn & Suites Indoor Swimming Pool Swim Club
-
Hampton Inn Charging Station Electric Vehicle Charging Station
-
315 SE Olympia Dr Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$1.57M
Owner & transaction history
B52 Pointe Of Evergreen LLC · 16 yrs held
B52 Pointe Of Evergreen LLC
since 2009
7 recorded transactions
Zoning & alternative use
MX : VAN · Vancouver, 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 Vancouver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vancouver 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
$1,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,210,000
Current use
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±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
$22 / 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
$92,636
Tax year 2023
Assessed value
$9,710,200
Assessed 2023
Previous assessed
$9,403,000
+3.3% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,934,185
Assessed improvement
$7,776,015
Land market value
$1,934,185
Improvement market value
$7,776,015
Total market value
$9,710,200
Applied tax rate
10,143.0000
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
Status
Off-Market
Year built
2014
Construction
WOOD
Heating
OTHER
Stories
4
Total area
72,568 SF
Lot
3 ac (130,680 SF)
Zoning code
MX : VAN
APN
167669-000
UPID
US90-2030649
Jurisdiction
CLARK
Zoning & alternative use
MX : VAN · Vancouver, WA
Zoning MX : VAN · permitted uses
MX : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.2M
HOTEL/MOTEL Current
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
2014
Construction
WOOD
Heating
OTHER
Stories
4
Lot
3 ac
Current owner
From public records · entity-resolved
B52 Pointe Of Evergreen LLC
Entity
Mailing address
466 LANCASTER DR NE, SALEM, OR 97301-4728
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
May 25, 2021
—
Vancouver Hotel Investors LLC
—
Deed
related
—
Aug 26, 2020
—
Vancouver Hotel Investors LLC
—
Deed
related
—
Jun 29, 2018
—
Vancouver Hotel Investors LLC
—
Deed
related
$9,000,000 · Us Bank NA
May 8, 2018
—
Vancouver Hotel Investors LLC
—
Deed
related
—
Aug 14, 2009
$103,650
B52 Pointe Of Evergreen LLC
Rof Evergreen Jv LLC
Warranty Deed
—
Dec 12, 2007
$14,500,000
Rof Evergreen Jv LLC
Cher Lee INC
Warranty Deed
—
Mar 21, 2006
—
Opus Northwest LLC
Cher Lee INC
Grant Deed
related
—
—
—
Vancouver Hotel Investors LLC
—
Deed Of Trust
related
—
—
—
Vancouver Hotel Investors LLC
—
Loan Modification
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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