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Property profile & analytics
FOR SALE
Hotels
7070 E Marginal Way, Seattle, WA 98108
Entity Owned
~
Est. High Equity
Property ID
US90-0714769
For Sale
1 / 8
$1,200,000
7070 E Marginal Way, Seattle, WA 98108
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,640 SF
Lot
0.24 ac (10,443 SF)
Zoning code
C1-55 (M)
APN
346880-0455
UPID
US90-0714769
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
$630k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Westlife Investment LLC
Westlife Investment LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
C1-55 (M) · Seattle, WA
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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$630,000
7%
$585,000
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $1.05M (May 27 2025)
Last sale anchor
$1.05M
May 27 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
$114 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$22,780
Tax year 2024
Assessed value
$1,856,900
Assessed 2023
Previous assessed
$1,856,900
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$939,800
Assessed improvement
$917,100
Land market value
$939,800
Improvement market value
$917,100
Total market value
$1,856,900
Applied tax rate
10.0000
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/MOTEL
Status
For Sale
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
2
Units
20
Total area
7,640 SF
Lot
0.24 ac (10,443 SF)
Zoning code
C1-55 (M)
APN
346880-0455
UPID
US90-0714769
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C1-55 (M) · Seattle, WA
Zoning C1-55 (M) · permitted uses
C1-55 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
2
Units
20
Lot
0.24 ac
Current owner
From public records · entity-resolved
Westlife Investment LLC
Entity
Mailing address
7070 E MARGINAL WAY S, SEATTLE, WA 98108-3413
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2025
$1,050,000
Westlife Investment LLC
Seed 153 LLC
Warranty Deed
—
Apr 1, 2022
—
Seed 153 LLC
—
Deed
related
$122,000 · O Bee Cu
Jun 15, 2020
—
Seed 153 LLC
—
Deed
related
$500,000 · Han J Kang
Oct 16, 2017
$1,730,000
Seed 153 LLC
Bk Choi INC
Warranty Deed
$1,421,000 · Pacific City Bank
Aug 7, 2015
$1,042,000
Bk Choi INC
Sh & Mh INC
Warranty Deed
$860,000 · Bbcn Bk
Aug 5, 2010
$800,000
Sh & Mh INC
Suk Lee
Warranty Deed
$843,000 · Hana Small Business Lending INC
Jan 18, 2007
—
Suk J Lee
Lee,hae C
Quit Claim Deed
related
—
Jan 11, 2007
$710,000
Suk J Lee
Sae-chung Corp
Warranty Deed
$680,000 · Unibank
May 22, 1996
$400,000
Hae C Lee
Chao,tung & Shu C
Grant Deed
$365,000 · City Bank
Jun 17, 1991
$220,000
Chao Tung
Lundgren,gary J
Grant Deed
$172,500 · Great Nw Fed S L
—
—
Tung Chao
—
Deed Of Trust
related
$307,000 · Individual
—
—
Hae C Lee
—
Deed Of Trust
related
$365,000 · City Bank
—
—
Hae C Lee
—
Deed Of Trust
related
$200,000 · Individual
—
—
Hae C Lee
—
Deed Of Trust
related
$336,126 · Pacific International Bank
—
—
Seed 153 LLC
—
Deed Of Trust
related
$500,000 · Han J Kang
—
—
Hae C Lee
—
Deed Of Trust
related
$625,000 · City Bank
—
—
Hae C Lee
—
Deed Of Trust
related
—
—
—
Suk J Lee
—
Deed Of Trust
related
$50,000 · Unibank
—
—
Tung Chao
—
Deed Of Trust
related
$43,000 · Individual
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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