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Property profile & analytics
OFF-MARKET
Estimated value
$4,010,000
Hotels
906 1st St, Cle Elum, WA 98922-1364
Entity Owned
~
Est. High Equity
Property ID
US90-1791034
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1997
Total area
21,685 SF
Lot
0.53 ac (23,087 SF)
Zoning code
CEC
APN
63134
UPID
US90-1791034
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
$3.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.01M
Owner & transaction history
Skjc LLC
Skjc LLC
since 2025
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
CEC · Cle Elum, 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 Cle Elum submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cle Elum 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
$3,890,000
ML approach
$3,860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,400,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$4,240,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$3,335,000
Change: 0% · Conversion: Difficult
RESTAURANT
$3,105,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,705,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.01M
Range $3.61M – $4.41M · ±10% · vs last sale $4.15M (Jan 24 2022)
Last sale anchor
$4.15M
Jan 24 2022
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
$185 / 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
Property tax & assessments
Assessed value
$3,847,970
Assessed 2024
Previous assessed
$3,847,970
+0.0% YoY
Assessed land
$110,180
Assessed improvement
$3,737,790
Land market value
$110,180
Improvement market value
$3,737,790
Total market value
$3,847,970
Applied tax rate
28.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
1997
Heating
HEAT PUMP
Stories
2
Rooms
8
Total area
21,685 SF
Lot
0.53 ac (23,087 SF)
Zoning code
CEC
APN
63134
UPID
US90-1791034
Jurisdiction
KITTITAS
Zoning & alternative use
CEC · Cle Elum, WA
Zoning CEC · permitted uses
CEC · Cle Elum, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cle Elum. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.2M
RETAIL STORES
Est. value
$3.3M
RESTAURANT
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.7M
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
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
Heating
HEAT PUMP
Stories
2
Rooms
8
Lot
0.53 ac
Current owner
From public records · entity-resolved
Skjc LLC
Entity
Mailing address
906 E 1ST ST, CLE ELUM, WA 98922-1364
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2025
$5,207,919
Skjc LLC
Brar Hotels LLC
Warranty Deed
$4,425,000 · American Continental Bank
Jan 24, 2022
$4,150,000
Brar Hotels LLC
Paras Investor LLC
Warranty Deed
$3,600,000 · Bbcn Bank
Jan 29, 2020
—
Paras Investor LLC
Shivsona LLC
Correction Deed
related
$2,800,000 · Mountain Pacific Bank
Oct 1, 2018
$2,850,000
Paras Investor LLC
Shivsona LLC
Warranty Deed
$2,800,000 · Mountain Pacific Bank
Feb 16, 2018
—
Shivsona LLC
—
Grant Deed
related
$1,390,000 · Unibank
Dec 22, 2010
$1,768,144
Saehan Bk
Td Service Co Of Washington
Trustees Deed
related
—
Mar 23, 2007
$2,550,000
Bryan Y Lee
Lee,kee W & Myong S
Warranty Deed
$1,870,000 · Saehan Bank
—
—
Eun H Ko
—
Deed Of Trust
related
$200,000 · Ashoo Ohri
—
—
C & M Cornerstone LLC
—
Deed Of Trust
related
$1,047,000 · Ameritrust Cdc
—
—
Shivsona LLC
—
Deed Of Trust
related
$2,922,000 · Unibank
—
—
Shivsona LLC
—
Deed Of Trust
related
$1,390,000 · Unibank
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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