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Property profile & analytics
OFF-MARKET
Estimated value
$10,710,000
Hotels
401 8th SW St Auburn, WA 98001-5901
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1172272
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1999
Construction
WOOD
Total area
73,906 SF
Lot
2.83 ac (123,160 SF)
Zoning code
C3
APN
132104-9113
UPID
US90-1172272
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
-
White river amphitheater Building Resort
-
FLO Charging Station Electric Vehicle Charging Station
-
Smith and Greene Corporate Office
-
Reed Alesha L Alternative Medicine Practice Spa & Massage Center
-
Best Western Plus Mountain View Auburn Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.44M
Comparable Approach
Comparable
$6.79M
Blend (final)
Blend
$10.71M
Owner & transaction history
S Won Hospitality LLC · 10 yrs held
S Won Hospitality LLC
since 2015
7 recorded transactions
Zoning & alternative use
C3 · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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%
$15,640,000
6.5%
$14,435,000
7%
$13,405,000
Blend value · Realmo final
$10.71M
Range $9.64M – $11.78M · ±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
$145 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$155,357
Tax year 2022
Assessed value
$13,243,800
Assessed 2022
Previous assessed
$13,243,800
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$3,079,000
Assessed improvement
$10,164,800
Land market value
$3,079,000
Improvement market value
$10,164,800
Total market value
$13,243,800
Applied tax rate
133.0000
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
1999
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
4
Total area
73,906 SF
Lot
2.83 ac (123,160 SF)
Zoning code
C3
APN
132104-9113
UPID
US90-1172272
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C3 · Auburn, WAZoning C3 · permitted uses
C3 · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
4
Lot
2.83 ac
Current owner
From public records · entity-resolved
S Won Hospitality LLC
Entity
Mailing address
401 8TH ST SW, AUBURN, WA 98001-5901
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
—
S Won Hospitality LLC
—
Deed
related
$4,935,000 · Northwest Business Development Associati
Mar 25, 2022
—
S Won Hospitality LLC
—
Deed
related
$6,135,000 · Poppy Bank
Mar 14, 2019
—
S Won Hospitality LLC
—
Deed
related
$500,000 · Bank Of Hope
Oct 6, 2015
$13,000,000
S Won Hospitality LLC
Santillanes Hospitality LLC
Grant Deed
$10,000,000 · Bbcn Bk
May 1, 2006
—
Santillanes Hospitality LLC
Santillanes,john JR & Rita
Quit Claim Deed
—
Dec 21, 1998
—
John Santillanes
—
Grant Deed
related
$3,782,500 · United Security Bank
Nov 10, 1998
$800,540
John Santillanes
Fassbind Investments
Grant Deed
$370,534 · Seller
—
—
S Won Hospitality LLC
—
Deed Of Trust
related
$500,000 · Bank Of Hope
—
—
John Santillanes
—
Deed Of Trust
related
$1,821,191 · Bank Of Fairfield
—
—
John Santillanes
—
Deed Of Trust
related
$3,885,712 · Bank Of Fairfield
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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