616 Heron St Aberdeen, WA 98520-6024
Property profile & analytics
616 Heron St Aberdeen, WA 98520-6024
- Motels
- 27,142 SF
- 0.90 lot acres
Property ID
US90-3230035
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Motels
Property Details for 616 Heron St
- Year built
- 1967
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.90 lot acres
- Property size
- 27,142 SF
- Property type
- Motels
- APN
- 29406700700
- APU
- 29406700700
Description
This exceptional 54-key hotel presents a compelling investment opportunity, recently reduced in price. Located in Aberdeen, Washington, this two-building, two-story property sits on a 0.9-acre lot and boasts extensive renovations completed in 2022. The property includes a lobby, business center, and ample meeting/event space, making it ideal for both business and leisure travelers. A significant advantage is the inclusion of a recently renovated approximately 1100 square foot owner's suite featuring two bedrooms, two bathrooms, and a full kitchen, perfect for owner-operators or on-site management. The hotel's 54 keys offer a mix of room types including King Deluxe, King Double Deluxe, Queen Double Deluxe, Kitchen Suites, and Family Suites, each equipped with amenities such as mini-refrigerators, microwaves, coffee makers, flat-screen televisions with premium channels, high-speed Wi-Fi, and individual climate control. Situated near the Grays Harbor Port and a major redevelopment project exceeding $100 million, the hotel benefits from significant industrial demand drivers and excellent visibility and access from Highway 101. Its proximity to downtown Aberdeen, restaurants, galleries, museums, and shopping further enhances its appeal. Built in 1967, this property offers significant upside potential, including the possibility of franchising to align with a recognized brand and leverage its marketing and support systems. The property's location in a Washington State Opportunity Zone adds another layer of investment attractiveness. All information is obtained from sources deemed reliable but is subject to buyer verification. The property's APN is 029406700700.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,740,000
- 6.5%
- $1,605,000
- 7%
- $1,490,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Aberdeen
- County
- Grays Harbor
- State
- Washington
- Longitude
- -123.824
- Latitude
- 46.9703
- CBSA code
- 10140
- CBSA name
- ABERDEEN, WA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,237
$631,800
$2,115,230
$2,747,030
-
$631,800
$2,115,230
$2,747,030
