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Property profile & analytics
OFF-MARKET
Apartment buildings
1005 Elm St Spokane, WA 99204-4252
Individually Owned
3-yr Hold
Free & Clear
Property ID
US90-3241730
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
256 SF
Lot
0.14 ac (6,300 SF)
APN
25244.1804
UPID
US90-3241730
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
-
AE Consulting LLC Consultant
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
L Kellie Rogers · 3 yrs held
L Kellie Rogers
since 2022
Last sale
$236,900
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 Spokane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,476
Tax year 2023
Assessed value
$560,400
Assessed 2024
Previous assessed
$375,100
+49.4% YoY
Effective rate
0.98%
On assessed value
Assessed land
$100,800
Assessed improvement
$459,600
Land market value
$100,800
Improvement market value
$459,600
Total market value
$560,400
Applied tax rate
10.0000
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Units
6
Bathrooms
6
Total area
256 SF
Lot
0.14 ac (6,300 SF)
APN
25244.1804
UPID
US90-3241730
Jurisdiction
SPOKANE
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Units
6
Bathrooms
6
Lot
0.14 ac
Current owner
From public records · entity-resolved
L Kellie Rogers
Individual
Free & Clear · 3 yrs held
Mailing address
1005 S ELM ST, SPOKANE, WA 99204-4252
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jul 26, 2022
—
L Kellie Rogers
Douglas Keith Reekie
Quit Claim Deed
related
—
Jun 19, 2015
—
Douglas K Reekie
Reekie D Living Trust
Quit Claim Deed
related
—
Jun 12, 2015
—
Douglas K Reekie
Reekie D K Living Trust
Quit Claim Deed
related
—
Aug 12, 2004
$236,900
Reekie Douglas K Trust
Reillo,luigi
Warranty Deed
$106,436 · Sterling Savings Bank
Oct 18, 1999
$210,000
Luigi Reillo
Mcdonnell,gary R & Sheri R
Grant Deed
$4,414 · Seller
Jun 11, 1999
$228,264
Gary R Mcdonnell
Burgess,carmen Y
Trustees Deed
—
Jun 30, 1997
$230,000
Carmen Y Burgess
Mcdonnell,gary
Grant Deed
$210,000 · Seller
—
—
Reillo Luigi C
—
Deed Of Trust
related
$166,538 · Sterling Savings Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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