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Property profile & analytics
OFF-MARKET
Estimated value
$4,640,000
Hotels
317 K NW St Washington, DC 20001-2528
Entity Owned
2-yr Hold
Free & Clear
Property ID
US16-0101626
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2021
Construction
STEEL FRAME
Total area
127,400 SF
Lot
0.25 ac (10,755 SF)
Zoning code
D-4-R
APN
0526 0028
UPID
US16-0101626
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
-
Holiday Inn Express Washington DC Downtown Parking (Propark) Parking Lot & Garage
-
Holiday Inn Express Washington DC Downtown, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.64M
Owner & transaction history
Sshcof II Washington Dc LLC · 2 yrs held
Sshcof II Washington Dc LLC
since 2024
2 recorded transactions
Zoning & alternative use
D-4-R · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
REQUIREMENTS (D-3) 523 PURPOSE AND OBJECTIVE (D-4) 524 DENSITY - FLOOR AREA RATIO (FAR) (D-4) 525 HEIGHT (D-4) 526 FRONT BUILD-TO (D-4) 527 FRONT SETBACK (D-4) 528 USES (D-4) 529 DESIGN (D-4) 530 PURPOSE AND OBJECTIVE (D-4-R) 531 DENSITY - FLOOR AREA RATIO (FAR) (D-4-R) 532 HEIGHT (D-4-R) 533 FRONT BUILD-TO (D-4-R) 534 FRONT SETBACK (D-4-R) 535 COURT (D-4-R)…
Zone name
Downtown
General category
MIXED_USE
Zone area
108.58 ac
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 Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$36 / 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
$933,674
Tax year 2023
Assessed value
$49,400,760
Assessed 2023
Previous assessed
$49,400,760
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$18,425,760
Assessed improvement
$30,975,000
Land market value
$18,425,760
Improvement market value
$30,975,000
Total market value
$49,400,760
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
2021
Construction
STEEL FRAME
Stories
14
Units
247
Total area
127,400 SF
Lot
0.25 ac (10,755 SF)
Zoning code
D-4-R
APN
0526 0028
UPID
US16-0101626
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
D-4-R · Washington, DCZoning D-4-R · permitted uses
D-4-R · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
REQUIREMENTS (D-3) 523 PURPOSE AND OBJECTIVE (D-4) 524 DENSITY - FLOOR AREA RATIO (FAR) (D-4) 525 HEIGHT (D-4) 526 FRONT BUILD-TO (D-4) 527 FRONT SETBACK (D-4) 528 USES (D-4) 529 DESIGN (D-4) 530 PURPOSE AND OBJECTIVE (D-4-R) 531 DENSITY - FLOOR AREA RATIO (FAR) (D-4-R) 532 HEIGHT (D-4-R) 533 FRONT BUILD-TO (D-4-R) 534 FRONT SETBACK (D-4-R) 535 COURT (D-4-R) 536 USES (D-4-R) 537 DESIGN (D-4-R) 538 PURPOSE AND OBJECTIVE (D-5) 539 DENSITY - F
Zone name
Downtown
General category
MIXED_USE
Zone area
108.58 ac
Building & site characteristics
From public records
Year built
2021
Construction
STEEL FRAME
Stories
14
Units
247
Lot
0.25 ac
Current owner
From public records · entity-resolved
Sshcof II Washington Dc LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3500 LENOX RD NE STE #625, ATLANTA, GA 30326-4232
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2024
—
Sshcof II Washington Dc LLC
—
Deed
related
$400,000,000 · Western Alliance Bank
May 1, 2024
$18,500,000
Sshcof II Washington Dc LLC
Birchington LLC
Trustees 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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