Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,690,000
Apartment buildings
105 Brookwood Pkwy Hillsboro, OR 97124-5352
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0624772
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1946
Construction
WOOD FRAME
Total area
30,480 SF
Lot
1.27 ac (55,321 SF)
Zoning code
MFR-2
APN
1N233DC-01000
UPID
US71-0624772
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
$5.69M
Blend (final)
Blend
$5.69M
Owner & transaction history
Meridian Medical Office LLC · 11 yrs held
Meridian Medical Office LLC
since 2014
5 recorded transactions
Zoning & alternative use
MFR-2 · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.2M
+35.8%
Retail stores
$7.3M
+7.1%
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 Hillsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsboro 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)
$6,795,000
Current use
RESTAURANT
$9,225,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$7,275,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,450,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$5.69M
Range $5.12M – $6.26M · ±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
$187 / 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
$34,700
Tax year 2023
Assessed value
$2,059,670
Assessed 2023
Previous assessed
$1,999,680
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$762,500
Improvement market value
$6,952,050
Total market value
$7,714,550
Applied tax rate
7.0000
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
1946
Construction
WOOD FRAME
Heating
STOVE
Bathrooms
1
Total area
30,480 SF
Lot
1.27 ac (55,321 SF)
Zoning code
MFR-2
APN
1N233DC-01000
UPID
US71-0624772
Jurisdiction
WASHINGTON
Zoning & alternative use
MFR-2 · Hillsboro, OR
Zoning MFR-2 · permitted uses
MFR-2 · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillsboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.8M
RESTAURANT
Est. value
$9.2M
RETAIL STORES
Est. value
$7.3M
WAREHOUSE, STORAGE
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
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
1946
Construction
WOOD FRAME
Heating
STOVE
Bathrooms
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Meridian Medical Office LLC
Entity
Mailing address
2 CENTERPOINTE DR STE #210, LAKE OSWEGO, OR 97035-8627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2014
$4,950,000
Meridian Medical Office LLC
93/46 Beaver LLC
Warranty Deed
$2,290,000 · Jpmorgan Chase Bank NA
Dec 28, 2012
—
93/46 Beaver LLC
—
Grant Deed
related
$2,235,000 · Pacific Continental Bank
Nov 8, 2012
$50,000
93/46 Beaver LLC
Brookwood Property LLC
Grant Deed
—
Nov 15, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Nov 3, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
$30,000
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 105 Brookwood Pkwy?
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.
