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Property profile & analytics
OFF-MARKET
Motels
7414 Hosmer St, Tacoma, WA 98408-1246
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1044799
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Construction
WOOD FRAME
Total area
65,010 SF
Lot
1.1 ac (47,960 SF)
Zoning code
C2
APN
320293039
UPID
US90-1044799
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
-
Hotel Thea Hotel & Motel
-
Hotel Thea Tacoma, Ascend Hotel Collection 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
Tacoma 134 LLC · 2 yrs held
Tacoma 134 LLC
since 2023
Last sale
$14.0M
7 recorded transactions
Zoning & alternative use
C2 · Tacoma, 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 Tacoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tacoma 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 2024Property tax & assessments
Tax year 2024
Tax billed
$122,401
Tax year 2024
Assessed value
$11,019,200
Assessed 2024
Previous assessed
$11,019,200
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,458,700
Assessed improvement
$9,560,500
Land market value
$1,458,700
Improvement market value
$9,560,500
Total market value
$11,019,200
Applied tax rate
5.0000
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
1985
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
4
Units
132
Total area
65,010 SF
Lot
1.1 ac (47,960 SF)
Zoning code
C2
APN
320293039
UPID
US90-1044799
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Tacoma, WA
Zoning C2 · permitted uses
C2 · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tacoma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Units
132
Lot
1.1 ac
Current owner
From public records · entity-resolved
Tacoma 134 LLC
Entity
Mailing address
128TH 132ND AVE NE, KINGSGATE, WA 98034
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2023
$13,990,000
Tacoma 134 LLC
Param Tacoma LLC
Warranty Deed
$12,192,999 · Loan Funder LLC Series 46855
Feb 22, 2018
$7,899,719
Param Tacoma LLC
Shilo Inn Tacoma LLC
Warranty Deed
$4,399,984 · Umpqua Bank
Sep 26, 1996
—
Shilo Inn Tacoma LLC
—
Deed Of Trust
related
$6,770,000 · Keycorp Real Estate Capital Ma
Sep 25, 1996
—
Shilo Inn
Hemstreet,mark S
Quit Claim Deed
related
$6,770,000 · Keycorp Real Estate Capital Ma
—
—
Param Tacoma LLC
—
Deed Of Trust
related
$4,399,984 · Umpqua Bk
—
—
Param Tacoma LLC
—
Deed Of Trust
related
$2,700,000 · Emergent Busn Cap
—
—
Shilo Inn Tacoma LLC
—
Deed Of Trust
related
$3,875,000 · Iborrow Fin Loan Fund I LP
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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