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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Motels
Hr Inn, Hood River, OR 97031
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0489277
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1967
Total area
46,212 SF
Lot
5.79 ac (252,212 SF)
Zoning code
UC2
APN
3N11E3000 203
UPID
US71-0489277
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.14M
Owner & transaction history
Dm Stevenson Ranch LLC · 1 yrs held
Dm Stevenson Ranch LLC
since 2024
4 recorded transactions
Zoning & alternative use
UC2 · Hood River, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.3M
+26.0%
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 Hood River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hood River 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
$2,605,000
Current use
INDUSTRIAL (GENERAL)
$3,285,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±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
$46 / 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
$188,314
Tax year 2023
Assessed value
$12,556,520
Assessed 2023
Previous assessed
$12,556,520
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$710,360
Assessed improvement
$11,846,160
Land market value
$1,262,890
Improvement market value
$32,003,380
Total market value
$33,266,270
Applied tax rate
1.0000
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
Off-Market
Year built
1967
Heating
NONE
Buildings
4
Total area
46,212 SF
Lot
5.79 ac (252,212 SF)
Zoning code
UC2
APN
3N11E3000 203
UPID
US71-0489277
Jurisdiction
HOOD RIVER
Zoning & alternative use
UC2 · Hood River, OR
Zoning UC2 · permitted uses
UC2 · Hood River, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hood River. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$3.3M
HOTEL/MOTEL Current
INDUSTRIAL (GENERAL)
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
1967
Heating
NONE
Buildings
4
Lot
5.79 ac
Current owner
From public records · entity-resolved
Dm Stevenson Ranch LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1108 E MARINA WAY, HOOD RIVER, OR 97031-2378
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 9, 2024
—
Dm Stevenson Ranch LLC
Dms Ranch LLC
Warranty Deed
—
Aug 20, 2024
—
Dm Stevenson Ranch LLC
Dms Ranch LLC
Warranty Deed
—
Jun 25, 2020
—
D M Stevenson Ranch LLC
D M S Ranch LLC
Quit Claim Deed
related
—
—
—
Dm Stevenson Ranch LLC
—
Deed Of Trust
related
$4,000,000 · First Interstate Bk
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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