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Property profile & analytics
OFF-MARKET
Estimated value
$5,590,000
Hotels
923 228th SE St, Bothell, WA 98021-9318
Entity Owned
Absentee Owner
Free & Clear
Property ID
US90-1509732
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2001
Construction
WOOD
Total area
46,036 SF
Lot
1.25 ac (54,450 SF)
Zoning code
RACOPCB
APN
27053000300400
UPID
US90-1509732
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
-
Extended Stay America - Seattle - Bothell - West Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.33M
Comparable Approach
Comparable
$4.29M
Blend (final)
Blend
$5.59M
Owner & transaction history
Esa C2 Portfolio LLC
Esa C2 Portfolio LLC
since 2025
4 recorded transactions
Zoning & alternative use
RACOPCB · Bothell, 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 Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell 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%
$5,775,000
6.5%
$5,330,000
7%
$4,950,000
Blend value · Realmo final
$5.59M
Range $5.03M – $6.15M · ±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
$121 / 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
$58,752
Tax year 2023
Assessed value
$7,443,000
Assessed 2023
Previous assessed
$7,500,000
-0.8% YoY
Effective rate
0.79%
On assessed value
Assessed land
$1,868,500
Assessed improvement
$5,574,500
Land market value
$1,868,500
Improvement market value
$5,574,500
Total market value
$7,443,000
Applied tax rate
902.0000
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
Off-Market
Year built
2001
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
4
Units
101
Rooms
101
Total area
46,036 SF
Lot
1.25 ac (54,450 SF)
Zoning code
RACOPCB
APN
27053000300400
UPID
US90-1509732
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RACOPCB · Bothell, WA
Zoning RACOPCB · permitted uses
RACOPCB · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bothell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
4
Units
101
Rooms
101
Lot
1.25 ac
Current owner
From public records · entity-resolved
Esa C2 Portfolio LLC
Entity
Free & Clear · 0 yrs held
Mailing address
11525 N COMMUNITY HOUSE RD, CHARLOTTE, NC 28277-3609
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
Esa C2 Portfolio L L C
—
Deed
related
—
Dec 16, 2025
—
Esa C2 Portfolio LLC
Esa P Portfolio LLC
Bargain & Sale Deed
—
Jun 22, 2021
—
Esa P Portfolio LLC
—
Deed
related
$1,000 · Jpmorgan Chase Bank NA
Jun 1, 2004
—
Y,bre/esa Properties LLC
Esa Washington INC
Quit Claim Deed
related
$2,050,000 · Mers Trustee
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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