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Property profile & analytics
OFF-MARKET
Estimated value
$2,980,000
Hotels
7801 Greenwood Dr 118 Vancouver, WA 98662-7900
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0878583
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Construction
WOOD
Total area
151,360 SF
Lot
5.16 ac (224,770 SF)
Zoning code
CG : VAN
APN
160548-000
UPID
US90-0878583
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
-
Rotary Club of Vancouver Sunrise Nightclub Music Venue
-
Flume Family Vineyard Brewery & Distillery Specialty Food Shop
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Hotel 921 sw 6th Ave 97204 Hotel & Motel
-
Blue Door Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.98M
Owner & transaction history
H Lodge LLC · 3 yrs held
H Lodge LLC
since 2023
7 recorded transactions
Zoning & alternative use
CG : VAN · Vancouver, 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 Vancouver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vancouver 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,615,000
Current use
Blend value · Realmo final
$2.98M
Range $2.68M – $3.28M · ±10%
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
$20 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$210,514
Tax year 2023
Assessed value
$22,563,100
Assessed 2023
Previous assessed
$20,546,900
+9.8% YoY
Effective rate
0.93%
On assessed value
Assessed land
$2,511,900
Assessed improvement
$20,051,200
Land market value
$2,511,900
Improvement market value
$20,051,200
Total market value
$22,563,100
Applied tax rate
10,000.0000
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
1997
Construction
WOOD
Heating
OTHER
Buildings
3
Stories
4
Total area
151,360 SF
Lot
5.16 ac (224,770 SF)
Zoning code
CG : VAN
APN
160548-000
UPID
US90-0878583
Jurisdiction
CLARK
Zoning & alternative use
CG : VAN · Vancouver, WA
Zoning CG : VAN · permitted uses
CG : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$4.6M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
OTHER
Stories
4
Buildings
3
Lot
5.16 ac
Current owner
From public records · entity-resolved
H Lodge LLC
Entity
Mailing address
7801 NE GREENWOOD DR, VANCOUVER, WA 98662-7900
Mailing matches property
Yes
Owner-occupied
Yes
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
May 18, 2023
—
H Lodge LLC
—
Deed
related
$15,000,000 · Umpqua Bank
Jan 8, 2020
—
H Lodge LLC
—
Grant Deed
related
$11,000,000 · Farm Credit Svcs
Apr 8, 2010
—
H Lodge LLC
—
Deed Of Trust
related
$4,000,000 · Northwest Farm Credit Svcs Pca
Oct 20, 2000
—
H Lodge LLC
—
Deed Of Trust
related
$11,800,000 · Gmac Commercial Mortgage Corp
Apr 27, 1995
—
Park Place Land LLC
—
Deed Of Trust
related
$1,000,000 · Us National Bank Oregon
—
—
H Lodge LLC
—
Deed Of Trust
related
$5,000,000 · Northwest Farm Credit Svcs Pca
—
—
H Lodge LLC
—
Deed Of Trust
related
$11,000,000 · Farm Credit Svcs
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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