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Property profile & analytics
OFF-MARKET
Estimated value
$7,255,000
Hotels
3703 Plz Way Kennewick, WA 99338-2718
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1638325
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2018
Construction
CONCRETE
Total area
62,315 SF
Lot
1.9 ac (82,638 SF)
APN
116891013040004
UPID
US90-1638325
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
-
Comfort Suites Kennewick At Southridge Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.01M
Comparable Approach
Comparable
$8.50M
Blend (final)
Blend
$7.26M
Owner & transaction history
Southridge Innvestments LLC · 10 yrs held
Southridge Innvestments LLC
since 2016
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.2M
+59.8%
Restaurant
$8.1M
+27.2%
Commercial (general)
$6.4M
+1.0%
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 Kennewick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennewick 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%
$6,510,000
6.5%
$6,010,000
7%
$5,580,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,375,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,190,000
Change: +60% · Conversion: Difficult
RESTAURANT
$8,110,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,440,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$6,290,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$7.26M
Range $6.53M – $7.98M · ±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
$116 / 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
Property tax & assessments
Assessed value
$13,383,660
Assessed 2023
Previous assessed
$13,211,530
+1.3% YoY
Assessed land
$993,540
Assessed improvement
$12,390,120
Land market value
$993,540
Improvement market value
$12,390,120
Total market value
$13,383,660
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2018
Construction
CONCRETE
Heating
YES
Total area
62,315 SF
Lot
1.9 ac (82,638 SF)
APN
116891013040004
UPID
US90-1638325
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$6.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.2M
RESTAURANT
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$6.4M
RETAIL STORES
Est. value
$6.3M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
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
2018
Construction
CONCRETE
Heating
YES
Lot
1.9 ac
Current owner
From public records · entity-resolved
Southridge Innvestments LLC
Entity
Mailing address
16114 E INDIANA AVE STE #200, SPOKANE VALLEY, WA 99216-1874
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2017
—
Southridge Innvestments LLC
—
Trustees Deed
related
$8,482,500 · Mountain West Bk
Jul 8, 2016
$1,100,000
Southridge Innvestments LLC
Integrity Investors LLC
Grant Deed
—
Jul 3, 2008
$1,150,000
Integrity Investors LLC
Westwood Properties Corp
Warranty Deed
—
Jul 3, 2008
$991,643
Westwood Properties Corp
Southridge Village LLC
Warranty Deed
—
—
—
Integrity Investors LLC
—
Deed Of Trust
related
$6,695,259 · T Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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