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Property profile & analytics
FOR SALE
Motels
511 W Cascade Ave, Sisters, OR 97759
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0791975
For Sale
1 / 11
$2,695,000
511 W Cascade Ave, Sisters, OR 97759
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Property summary
AI-generated overview
This exceptional Sisters, Oregon hospitality property presents a fantastic investment opportunity. The Left Coast Lodge, LLC, boasts 11 recently updated units, each enhanced with amenities such as small kitchenettes for guest convenience. Situated on a 0.86-acre lot at 511 W Cascade Avenue, this 3,384 square foot lodge enjoys a prime location within walking distance of Sisters' vibrant downtown area, offering easy access to restaurants and shops. On-site amenities cater to a diverse clientele, including a bike repair station, an enclosed dog run, and an inviting outdoor fire pit, creating a welcoming atmosphere. The property also includes manager's living quarters, adding to its operational efficiency. The lodge has a proven track record of strong financial performance
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1949
Total area
3,384 SF
Lot
0.79 ac (34,412 SF)
APN
151008 AA 00500
UPID
US71-0791975
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.43M
Owner & transaction history
The Stranger LLC · 1 yrs held
The Stranger LLC
since 2025
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
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 Sisters submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sisters 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
$2,445,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.43M
Range $2.19M – $2.67M · ±10% · vs last sale $2.42M (Jan 7 2025)
Last sale anchor
$2.42M
Jan 7 2025
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
$718 / 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
$9,875
Tax year 2023
Assessed value
$621,960
Assessed 2023
Previous assessed
$586,272
+6.1% YoY
Effective rate
1.59%
On assessed value
Land market value
$1,062,640
Improvement market value
$210,160
Total market value
$1,272,800
Applied tax rate
6,001.0000
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
Motels
Use group
MOTEL
Status
For Sale
Year built
1949
Heating
NONE
Buildings
2
Total area
3,384 SF
Lot
0.79 ac (34,412 SF)
APN
151008 AA 00500
UPID
US71-0791975
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
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
1949
Heating
NONE
Buildings
2
Lot
0.79 ac
Current owner
From public records · entity-resolved
The Stranger LLC
Entity
Mailing address
511 W CASCADE AVE, SISTERS, OR 97759-1038
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Jan 7, 2025
$2,422,500
The Stranger LLC
Left Coast Lodge LLC
Warranty Deed
—
Dec 31, 2020
$1,210,000
Scott Penzarella
Fowler Mary G Trust
Warranty Deed
$605,000 · Fowler Mary G Trust (rt)
Jul 22, 2020
—
Fowler,mary G Trust
Fowler Mary G Trust
Correction Deed
related
—
Mar 5, 2020
$25,000
Fowler,mary G Trust
Jerry L Taylor
Grant Deed
—
Mar 4, 2020
—
Fowler,mary G Trust
Fowler Mary G Trust
Quit Claim Deed
related
—
Apr 26, 2019
—
Fowler,mary G Trust
Fowler,mary G
Quit Claim Deed
related
—
Feb 20, 2007
—
Mary G Fowler
Fowler Living Trust
Quit Claim Deed
related
—
—
—
Fowler Trust
—
Deed Of Trust
related
$450,000 · Bank Of The Cascades
—
—
Mary G Fowler
—
Deed Of Trust
related
$377,300 · Bank Of The Cascades
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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