Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,610,000
Apartment buildings
100 Cleveland Ave Wenatchee, WA 98801-2605
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-3037039
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1922
Total area
27,530 SF
Lot
0.59 ac (25,700 SF)
APN
222010586005
UPID
US90-3037039
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
-
Christopher House Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.61M
Owner & transaction history
Crh Wenatchee Investment I LLC · 12 yrs held
Crh Wenatchee Investment I LLC
since 2013
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 Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wenatchee 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$95 / 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
$8,351
Tax year 2023
Assessed value
$944,337
Assessed 2022
Previous assessed
$855,483
+10.4% YoY
Effective rate
0.88%
On assessed value
Assessed land
$153,738
Assessed improvement
$790,599
Land market value
$153,738
Improvement market value
$790,599
Total market value
$944,337
Applied tax rate
802.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1922
Heating
NONE
Buildings
3
Total area
27,530 SF
Lot
0.59 ac (25,700 SF)
APN
222010586005
UPID
US90-3037039
Jurisdiction
CHELAN
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
1922
Heating
NONE
Buildings
3
Lot
0.59 ac
Current owner
From public records · entity-resolved
Crh Wenatchee Investment I LLC
Entity
Mailing address
PO BOX 1410, BEND, OR 97709-1410
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2025
—
Crh Wenatchee Investment I LLC
—
Deed
related
$599,654 · Department Of Commerce
Jun 30, 2020
—
Crh Wenachee Investment I LLC
—
Deed
related
$5,000,000 · Bokf NA
Nov 1, 2013
$630,000
Crh Wenatchee Investment I LLC
Gibraltar Cap Fund Viii LLC
Grant Deed
—
Dec 17, 2010
$1,725,000
Gibraltar Capital Fund Viii Ll
Eisenhower & Carlson PLLC
Trustees Deed
related
—
—
—
Emerald Point Ltd
—
Deed Of Trust
related
$30,000 · Kathryn A Lange
—
—
Emerald Point Ltd
—
Deed Of Trust
related
$50,000 · Bank Of America
—
—
Emerald Pointe Ltd
—
Deed Of Trust
related
$275,000 · Bank Of America
—
—
Emerald Pointe Ltd
—
Deed Of Trust
related
$30,000 · Hi-tech Construction INC
—
—
Emerald Pointe Ltd
—
Deed Of Trust
related
$2,000,000 · Gibraltar Cap Fnd Viii LLC
—
—
Cecil P Wilson III
—
Deed Of Trust
related
$24,767 · Aiken St Louis & Siljeg Ps
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 100 Cleveland Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
