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Property profile & analytics
FOR SALE
Motels
910 Simpson Ave Hoquiam, WA 98550-3815
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-3058659
For Sale
1 / 29
$4,950,000
910 Simpson Ave, Hoquiam, WA 98550-3815
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1977
Construction
STEEL FRAME
Total area
37,675 SF
Lot
1.9 ac (82,764 SF)
APN
51806000002
UPID
US90-3058659
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
-
Econo Lodge Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.52M
Blend (final)
Blend
$4.08M
Owner & transaction history
The Moore Wright Group · 1 yrs held
The Moore Wright Group
since 2025
Last sale
$4.2M
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 Hoquiam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoquiam 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
$4,075,000
ML approach
$4,120,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.08M
Range $3.67M – $4.48M · ±10% · vs last sale $4.20M (Feb 28 2025)
Last sale anchor
$4.20M
Feb 28 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
$108 / 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
$26,854
Tax year 2023
Assessed value
$2,429,059
Assessed 2022
Previous assessed
$2,097,149
+15.8% YoY
Effective rate
1.11%
On assessed value
Assessed land
$296,400
Assessed improvement
$2,132,659
Land market value
$296,400
Improvement market value
$2,132,659
Total market value
$2,429,059
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
Motels
Use group
MOTEL
Status
For Sale
Year built
1977
Construction
STEEL FRAME
Heating
NONE
Total area
37,675 SF
Lot
1.9 ac (82,764 SF)
APN
51806000002
UPID
US90-3058659
Jurisdiction
GRAYS HARBOR
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
1977
Construction
STEEL FRAME
Heating
NONE
Lot
1.9 ac
Current owner
From public records · entity-resolved
The Moore Wright Group
Entity
Mailing address
910 SIMPSON AVE, HOQUIAM, WA 98550-3815
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2025
—
The Moore Wright Group
—
Deed
related
$3,000,000 · Washington Community Reinvestment Associ
Feb 28, 2025
$4,199,985
The Moore Wright Group
R S T Holdings LLC
Warranty Deed
$3,000,000 · Washington Community Reinvestment A
Nov 8, 2023
—
R S T Holdings LLC
—
Deed
related
$1,500,000 · Great Northwest FCU
Sep 19, 2018
—
Rst Holdings LLC
—
Deed
related
$1,580,000 · Bank Of Hope
Jun 10, 2008
$2,100,000
Rst Holdings LLC
Motis Holdings LLC
Warranty Deed
$1,645,000 · City Bank
Jun 8, 2007
$1,400,000
Motis Holdings LLC
Lee,chung C K & Kang-jig
Warranty Deed
$1,172,000 · City Bank
—
—
Rst Holdings LLC
—
Deed Of Trust
related
$1,800,000 · Wilshire State Bank
—
—
Rst Holdings LLC
—
Deed Of Trust
related
$1,580,000 · Bank Of Hope
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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