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Property profile & analytics
OFF-MARKET
Hotels
5736 33rd Ave, Portland, OR 97211-7302
Entity Owned
30-yr Hold
~
Est. High Equity
Property ID
US71-0787204
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2013
Total area
6,192 SF
Lot
4.22 ac (183,997 SF)
Zoning code
CSH
APN
1N1E13DC 09600
UPID
US71-0787204
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
-
McMenamins Kennedy School Theater Cinema Theater & Performing Art Venue
-
Concordia Neighborhood Association - Community Room Hotel & Motel Resort
-
McMenamins Concordia Brewery Production Facility Brewery & Distillery
-
McMenamins Kennedy School Gift Shop (Bike/Boat/Book/etc) Store
-
McMenamins Honors Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kennedy School INC · 30 yrs held
Kennedy School INC
since 1996
7 recorded transactions
Zoning & alternative use
CSH · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$80,706
Tax year 2023
Assessed value
$3,045,660
Assessed 2023
Previous assessed
$2,956,960
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$4,600,000
Improvement market value
$4,197,090
Total market value
$8,797,090
Applied tax rate
201.0000
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
2013
Heating
NONE
Buildings
2
Stories
1
Total area
6,192 SF
Lot
4.22 ac (183,997 SF)
Zoning code
CSH
APN
1N1E13DC 09600
UPID
US71-0787204
Jurisdiction
MULTNOMAH
Zoning & alternative use
CSH · Portland, OR
Zoning CSH · permitted uses
CSH · 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
2013
Heating
NONE
Stories
1
Buildings
2
Lot
4.22 ac
Current owner
From public records · entity-resolved
Kennedy School INC
Entity
Mailing address
5736 NE 33RD AVE, PORTLAND, OR 97211-7302
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1996
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 31, 2024
—
Kennedy School INC
—
Deed
related
$12,000,000 · Symetra Life Insurance Co
May 15, 2019
—
Kennedy School INC
—
Deed
related
$8,500,000 · Miscellaneous Ins Co
Jul 8, 2010
—
Kennedy School INC
—
Trustees Deed
related
$250,000 · Umpqua Bank
Jun 26, 1996
$617,000
Kennedy School INC
Portland City
Grant Deed
$607,000 · Portland Development Commissio
—
—
Kennedy School INC
—
Deed Of Trust
related
$4,250,000 · Umpqua Bank
—
—
Kennedy School INC
—
Deed Of Trust
related
$7,250,000 · Symetra Life Insurance Co
—
—
Kennedy School INC
—
Deed Of Trust
related
$8,500,000 · Miscellaneous Ins Co
—
—
Kennedy School INC
—
Deed Of Trust
related
$700,000 · Portland Development Commissio
—
—
Kennedy School INC
—
Deed Of Trust
related
$5,600,000 · Symetra Life Insurance Co
—
—
Kennedy School INC
—
Deed Of Trust
related
$2,810,000 · Umpqua Bank
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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