Back to Search
Property profile & analytics
OFF-MARKET
Garden apartment buildings
1001 Blackberry Ct Perkasie, PA 18944-5426
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0986568
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2003
Total area
2,538 SF
Lot
4.96 ac (216,058 SF)
Zoning code
CR
APN
15-011-059-002
UPID
US73-0986568
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
by Request
Owner & transaction history
Heritage Orchard Hill LP · 24 yrs held
Heritage Orchard Hill LP
since 2002
7 recorded transactions
Zoning & alternative use
CR · Perkasie, PA
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 Perkasie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perkasie 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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$81,579
Tax year 2024
Assessed value
$475,800
Assessed 2024
Previous assessed
$475,800
+0.0% YoY
Effective rate
17.15%
On assessed value
Assessed land
$74,400
Assessed improvement
$401,400
Land market value
$1,019,174
Improvement market value
$5,498,606
Total market value
$6,517,780
Applied tax rate
15.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2003
Heating
CENTRAL
Cooling
YES
Stories
2
Units
12
Rooms
8
Bathrooms
2
Total area
2,538 SF
Lot
4.96 ac (216,058 SF)
Zoning code
CR
APN
15-011-059-002
UPID
US73-0986568
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CR · Perkasie, PA
Zoning CR · permitted uses
CR · Perkasie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perkasie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
12
Rooms
8
Bathrooms
2
Lot
4.96 ac
Current owner
From public records · entity-resolved
Heritage Orchard Hill LP
Entity
Mailing address
865 EASTON RD STE #250, WARRINGTON, PA 18976-7803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2025
—
Heritage Orchard Hill LP
—
Deed
related
$35,000,000 · The Northwest Mutual Life Insurance
May 9, 2002
—
Heritage Orchard Hill LP
Heritage Peachtree LP
Quit Claim Deed
related
$26,660,000 · Pnc Bank
Aug 31, 2001
—
Heritage-peachtree LP
Houser,thomas A & Phyllis L
Grant Deed
$5,000,000 · Pnc Bank
—
—
Kim A Houser
—
Deed Of Trust
related
$7,415 · Union National Bank & Trust
—
—
Heritage-orchard Hill LP
—
Loan Modification
related
$27,000,000 · Miscellaneous Ins Co
—
—
Heritage-orchard Hill LP
—
Deed Of Trust
related
$26,000,000 · Keybank USA
—
—
Thomas A Houser
—
Deed Of Trust
related
$50,000 · Union National Bank & Trust
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 1001 Blackberry Ct?
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.
