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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Hotels
415 Montgomery St, Portland, OR 97201-5518
Trust Owned
6-yr Hold
Free & Clear
Property ID
US71-0489500
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1965
Total area
7,346 SF
Lot
0.11 ac (5,000 SF)
Zoning code
RXD
APN
1S1E03CB 02300
UPID
US71-0489500
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
-
Downtown Value Inn Hotel & Motel
-
ATM Atm
-
Schmizza Pub & Grub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$680k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
Sonpatki Family Trust · 6 yrs held
Sonpatki Family Trust
since 2020
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
RXD · Portland, OR
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
$630,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $600k (Jan 17 2020)
Last sale anchor
$600k
Jan 17 2020
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
$86 / 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
$18,729
Tax year 2023
Assessed value
$728,640
Assessed 2023
Previous assessed
$707,420
+3.0% YoY
Effective rate
2.57%
On assessed value
Land market value
$1,000,000
Improvement market value
$55,700
Total market value
$1,055,700
Applied tax rate
1.0000
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
1965
Heating
NONE
Stories
2
Total area
7,346 SF
Lot
0.11 ac (5,000 SF)
Zoning code
RXD
APN
1S1E03CB 02300
UPID
US71-0489500
Jurisdiction
MULTNOMAH
Zoning & alternative use
RXD · Portland, OR
Zoning RXD · permitted uses
RXD · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Stories
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Sonpatki Family Trust
Trust
Free & Clear · 6 yrs held
Mailing address
415 SW MONTGOMERY ST, PORTLAND, OR 97201-5518
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2020
—
Sonpatki Family Trust
Ganesh Sonpatki
Quit Claim Deed
related
—
Aug 31, 2017
—
Ganesh K Sonpatki
—
Deed
related
—
Oct 15, 2014
—
Ganesh K Sonpatki
—
Grant Deed
related
$3,369,685 · Lewis & Clark Bk
Aug 1, 1992
$600,000
D R Et Al Patel
Unknown
Grant Deed
—
—
—
Ganesh K Sonpatki
—
Deed Of Trust
related
$766,000 · Umpqua Bank
—
—
Ganesh K Sonpatki
—
Deed Of Trust
related
$250,000 · Fairway Fund IV LLC
—
—
Ganesh K Sonpatki
—
Deed Of Trust
related
$1,507,576 · Capital Pacific Bank
—
—
Ganesh K Sonpatki
—
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.
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