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Property profile & analytics
OFF-MARKET
Motels
62065 27th St, Bend, OR 97701-9501
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0158336
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2003
Total area
31,767 SF
Lot
0.89 ac (38,768 SF)
APN
171234 DD 00800
UPID
US71-0158336
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
-
Country Inn & Suites by Radisson, Bend, OR Hotel & Motel
-
Saddle Up (Bike/Boat/Book/etc) Store Pet Store & Service
-
Comfort Inn & Suites Hotel & Motel
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
Virk Hospitality Bend Lcc · 1 yrs held
Virk Hospitality Bend Lcc
since 2025
Last sale
$760,000
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 Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bend 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
$51,839
Tax year 2023
Assessed value
$3,242,590
Assessed 2023
Previous assessed
$3,056,460
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$1,308,200
Improvement market value
$8,079,520
Total market value
$9,387,720
Applied tax rate
1,001.0000
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
Off-Market
Year built
2003
Heating
NONE
Total area
31,767 SF
Lot
0.89 ac (38,768 SF)
APN
171234 DD 00800
UPID
US71-0158336
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
2003
Heating
NONE
Lot
0.89 ac
Current owner
From public records · entity-resolved
Virk Hospitality Bend Lcc
Individual
Mailing address
3601 S RIV PKWY UNIT #2610, PORTLAND, OR 97239-4565
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2025
$760,000
Virk Hospitality Bend Lcc
Petroluxe Management LLC
Special Warranty Deed
$5,400,000 · Columbia Community Cu
Jun 15, 2023
$5,196,599
Petroluxe Management LLC
Rr Hotels LLC
Special Warranty Deed
—
Oct 18, 2022
—
Rr Hotels LLC
—
Deed
related
$1,580,962 · Columbia State Bank
May 20, 2019
—
Rr Hotels LLC
—
Grant Deed
related
$2,950,000 · Columbia St Bk
Jul 6, 2018
—
Rr Hotels LLC
—
Deed
related
$7,000,000 · Oregon Hotel Capital LLC
May 19, 2016
—
Rr Hotels LLC
—
Deed
related
$4,700,000 · Citizens Bank
Aug 12, 2015
$5,575,000
Rr Hotels LLC
C I Inn & Suites II Bend LLC
Special Warranty Deed
$4,450,000 · First Credit Bank
Jul 30, 2014
—
Ci Inn & Suites II Bend LLC
Colker Alvin & Irene Trust B
Grant Deed
—
Feb 7, 2014
$159,139
Seashelter Properties LLC
Colker,audrey
Grant Deed
—
Feb 7, 2014
$723,359
Seashelter Properties LLC
Colker Alvin & Irene Trust B
Grant Deed
—
Sep 4, 2013
—
Meryl E Koester
Ci Inn & Suites II Bend LLC
Grant Deed
—
Jul 20, 2010
—
Ci Inn & Suites II Bend LLC
—
Trustees Deed
related
—
Dec 23, 2009
—
Ci Inn & Suites II Bend LLC
—
Trustees Deed
related
$347,533 · South Valley Bank & Trust
May 14, 2007
—
Seashelter Properties LLC
Ci Inn & Suites Bend LLC
Grant Deed
—
May 14, 2007
$1,934,868
JR Colker LLC
Pacific Light Investments LLC
Grant Deed
—
Sep 10, 2004
—
C I Inn & Suites Bend LLC
Comfort Inn & Suites Bend LLC
Grant Deed
related
—
May 13, 2004
—
Comfort Inn & Suites Bend LLC
Seashelter Properties LLC
Grant Deed
related
—
May 3, 2004
—
Seashelter Properties LLC
Sea Shelter Properties
Grant Deed
related
—
Feb 6, 2003
—
Sea Shelter Properties
Sea Shelter Properties
Quit Claim Deed
related
—
Feb 28, 2001
$250,000
Bear Mtn Dev LLC Etal
Bear Mtn Dev LLC
Grant Deed
related
—
—
—
Rr Hotels LLC
—
Deed Of Trust
related
$7,000,000 · Oregon Hotel Capital LLC
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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