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Property profile & analytics
OFF-MARKET
Estimated value
$19,650,000
Apartment buildings
101 Woodbine Rd 1423 Downingtown, PA 19335-2119
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5009706
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2021
Total area
129,546 SF
Lot
16.49 ac (718,304 SF)
Zoning code
R1
APN
1105 00960100
UPID
US73-5009706
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
-
The Point at Downingtown Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$21.61M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.65M
Owner & transaction history
Sharon L Barnes · 5 yrs held
Sharon L Barnes
since 2020
3 recorded transactions
Zoning & alternative use
R1 · Downingtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$27.7M
+12.6%
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 Downingtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downingtown 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%
$23,410,000
6.5%
$21,610,000
7%
$20,065,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$24,590,000
Current use
AUTO REPAIR, GARAGE
$27,680,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$24,085,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$19.65M
Range $17.69M – $21.62M · ±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
$152 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$955,115
Tax year 2024
Assessed value
$22,872,080
Assessed 2024
Previous assessed
$22,872,080
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$637,280
Assessed improvement
$22,234,800
Land market value
$637,280
Improvement market value
$22,872,590
Total market value
$23,509,870
Applied tax rate
11.0000
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
2021
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
221
Units
109
Total area
129,546 SF
Lot
16.49 ac (718,304 SF)
Zoning code
R1
APN
1105 00960100
UPID
US73-5009706
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Downingtown, PAZoning R1 · permitted uses
R1 · Downingtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$24.6M
AUTO REPAIR, GARAGE
Est. value
$27.7M
OFFICE BUILDING
Est. value
$24.1M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2021
Heating
FORCED AIR
Cooling
Yes
Buildings
221
Units
109
Lot
16.49 ac
Current owner
From public records · entity-resolved
Sharon L Barnes
Individual
Mailing address
1001 PENNSYLVANIA AVE NW STE #220, WASHINGTON, DC 20004-2525
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2021
—
Woodbine Owner LLC
—
Deed
related
$55,250,000 · Wells Fargo Bank NA
Dec 21, 2020
$527,531
Sharon L Barnes
Woodbine East Vlg INC
Grant Deed
$501,154 · Guaranteed Rate
Aug 15, 2019
$5,250,000
Woodbine Owner LLC
Woodbine Partners LP
Deed
$43,069 · Manufacturers & Traders Trust Co
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
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