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Property profile & analytics
OFF-MARKET
Estimated value
$19,250,000
Apartment buildings
10320 Wi Se Pne St, Portland, OR 97216
Individually Owned
Free & Clear
Property ID
US71-0613063
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1999
Total area
92,812 SF
Lot
3.2 ac (139,392 SF)
Zoning code
RHD
APN
1N2E34CC 00702
UPID
US71-0613063
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
-
Russellville Commons Real Estate Agency
-
Mg Properties Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.25M
Blend (final)
Blend
$19.25M
Owner & transaction history
Mg Russellville Commons Apartments
Mg Russellville Commons Apartments
since 2026
4 recorded transactions
Zoning & alternative use
RHD · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$31.8M
+28.8%
Auto repair, garage
$28.3M
+14.8%
Medical building
$28.0M
+13.6%
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$24,675,000
Current use
RESTAURANT
$31,785,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$28,340,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$28,035,000
Change: +14% · Conversion: Moderate
RETAIL STORES
$27,865,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$26,825,000
Change: +9% · Conversion: Moderate
COMMERCIAL (GENERAL)
$26,730,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$19.25M
Range $17.33M – $21.18M · ±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
$207 / 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
$165,964
Tax year 2023
Assessed value
$7,061,170
Assessed 2023
Previous assessed
$6,855,510
+3.0% YoY
Effective rate
2.35%
On assessed value
Land market value
$9,060,610
Improvement market value
$17,400,650
Total market value
$26,461,260
Applied tax rate
712.0000
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
1999
Heating
NONE
Stories
1
Total area
92,812 SF
Lot
3.2 ac (139,392 SF)
Zoning code
RHD
APN
1N2E34CC 00702
UPID
US71-0613063
Jurisdiction
MULTNOMAH
Zoning & alternative use
RHD · Portland, OR
Zoning RHD · permitted uses
RHD · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$24.7M
RESTAURANT
Est. value
$31.8M
AUTO REPAIR, GARAGE
Est. value
$28.3M
MEDICAL BUILDING
Est. value
$28.0M
RETAIL STORES
Est. value
$27.9M
OFFICE BUILDING
Est. value
$26.8M
COMMERCIAL (GENERAL)
Est. value
$26.7M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1999
Heating
NONE
Stories
1
Lot
3.2 ac
Current owner
From public records · entity-resolved
Mg Russellville Commons Apartments
Individual
Free & Clear · 0 yrs held
Mailing address
10505 SORRENTO VLY RD STE #300, SAN DIEGO, CA 92121-1619
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
—
Mg Russellville Commons Apartments
Mg Russellville Commons Apartments
Special Warranty Deed
—
Mar 1, 2016
$57,850,000
Mg Russellville Commons Apartm
Cap Vi-russellville LLC
Trustees Deed
$34,710,000 · Pnc Bk
Mar 1, 2011
—
Cap Vi Russellville LLC
Russellville LLC
Special Warranty Deed
$23,100,000 · Cbre Multifamily Capital INC
—
—
Cap Vi-russellville LLC
—
Deed Of Trust
related
$4,097,000 · Cbre Multifamily Capital INC
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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