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Property profile & analytics
OFF-MARKET
Apartment buildings
10220 3rd SE Ave Everett, WA 98208-3957
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0420085
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1988
Construction
WOOD
Total area
45,864 SF
Lot
9.44 ac (411,206 SF)
Zoning code
FP
APN
28042400102100
UPID
US90-0420085
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
-
Fulton's Landing apartments Apartment Building
-
WESTERN SOLUTION DEVELOPERS Advertising Agency Marketing & Advertising
-
Social Media A-Team Marketing & Advertising
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
Sreit Fulton S Crossing LLC · 4 yrs held
Sreit Fulton S Crossing LLC
since 2021
Last sale
$198.6M
7 recorded transactions
Zoning & alternative use
FP · Everett, WA
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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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
$357,964
Tax year 2023
Assessed value
$47,477,400
Assessed 2023
Previous assessed
$41,791,000
+13.6% YoY
Effective rate
0.75%
On assessed value
Assessed land
$10,377,500
Assessed improvement
$37,099,900
Land market value
$10,377,500
Improvement market value
$37,099,900
Total market value
$47,477,400
Applied tax rate
57.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
6
Stories
3
Units
56
Rooms
496
Bathrooms
352
Total area
45,864 SF
Lot
9.44 ac (411,206 SF)
Zoning code
FP
APN
28042400102100
UPID
US90-0420085
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
FP · Everett, WA
Zoning FP · permitted uses
FP · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Buildings
6
Units
56
Rooms
496
Bathrooms
352
Lot
9.44 ac
Current owner
From public records · entity-resolved
Sreit Fulton S Crossing LLC
Entity
Mailing address
200 E BROWARD BLVD #1410, FT LAUDERDALE, FL 33301-1963
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2026
—
Sreit Fultons Crossing LLC
—
Deed
related
$80,701,000 · Walker & Dunlop LLC
Dec 13, 2021
$198,603,000
Sreit Fulton S Crossing LLC
Strata Fulton LLC
Special Warranty Deed
—
May 2, 2019
—
Strata Fulton LLC
—
Grant Deed
related
$13,558,000 · Cbre Cap Markets
Oct 17, 2012
$4,360,941
Ergs Xv Reo Owner LLC
Gre Fultons Holdings LLC
Special Warranty Deed
$35,000,000 · Cbre Capital Markets INC
Feb 27, 2009
—
Gre Fultons Holdings LLC
Gre Fultons Landing LLC
Special Warranty Deed
—
Jan 6, 2005
$18,569,615
Gre Fultons Landing LLC
Fultons Landing Apts LLC
Grant Deed
—
Dec 23, 1998
$14,240,000
Fultons Crossing Apartment LLC
Pacific Gulf Properties INC
Grant Deed
$9,737,000 · Washington Capital Dus
Mar 17, 1995
—
Pacific Gulf Properties INC
—
Deed Of Trust
related
$15,000,000 · Bank Of America
Jun 16, 1994
—
Pacific Gulf Propertis INC
—
Deed Of Trust
related
$50,000,000 · Bank Of America
Nov 22, 1993
—
Pacific Gulf Proeprties INC
Santa Anita Real
Grant Deed
related
—
Nov 17, 1993
—
Santa Anita Realty Ent INC
Sarefim Ventures
Grant Deed
related
—
Dec 1, 1989
$10,590,100
Safefim Ventures
Unknown
Grant Deed
—
—
—
Fultons Landing Apartment LLC
—
Deed Of Trust
related
$1,915,000 · Capri Capital Finance LLC
—
—
Gre Fultons Lndg LLC
—
Deed Of Trust
related
$24,000,000 · Bank Of America
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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