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Property profile & analytics
OFF-MARKET
Estimated value
$13,275,000
Apartment buildings
1130 Alberta St Portland, OR 97211-5002
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US71-0716448
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2021
Total area
83,490 SF
Lot
0.62 ac (27,160 SF)
Zoning code
CGH
APN
1N1E23BD 03100
UPID
US71-0716448
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
$13.28M
Blend (final)
Blend
$13.28M
Owner & transaction history
Alberta Street Dev LLC · 7 yrs held
Alberta Street Dev LLC
since 2019
7 recorded transactions
Zoning & alternative use
CGH · Portland, OR
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 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
Blend value · Realmo final
$13.28M
Range $11.95M – $14.60M · ±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
$159 / 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
$4,199
Tax year 2023
Assessed value
$158,480
Assessed 2023
Previous assessed
$153,870
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$3,530,800
Improvement market value
$10,375,000
Total market value
$13,905,800
Applied tax rate
710.0000
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
HEAT PUMP
Stories
1
Bathrooms
2
Total area
83,490 SF
Lot
0.62 ac (27,160 SF)
Zoning code
CGH
APN
1N1E23BD 03100
UPID
US71-0716448
Jurisdiction
MULTNOMAH
Zoning & alternative use
CGH · Portland, OR
Zoning CGH · permitted uses
CGH · 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.
Building & site characteristics
From public records
Year built
2021
Heating
HEAT PUMP
Stories
1
Bathrooms
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Alberta Street Dev LLC
Entity
Mailing address
2910 1ST AVE S STE #201, SEATTLE, WA 98134-1859
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2019
$4,060,000
Alberta Street Dev LLC
Samuel Brooks
Warranty Deed
$3,045,000 · Margaret & Samuel Brooks
Mar 13, 2009
—
Samuel Brooks
—
Trustees Deed
related
—
Mar 6, 2006
—
Brooks,samuel & Margaret
—
Deed Of Trust
related
$300,000 · Bank Of America
Jan 28, 1997
$88,330
Samuel Brooks
Oregon Assn Of Minority Entrep
Grant Deed
$105,000 · American Pacific Bank
—
—
Brooks,samuel & Margaret
—
Deed Of Trust
related
$375,000 · Bank Of America
—
—
Margaret Brooks
—
Deed Of Trust
related
$150,000 · Us National Bank Oregon
—
—
Samuel Brooks
—
Deed Of Trust
related
$285,000 · Albina Community Bank
—
—
Samuel Brooks
—
Deed Of Trust
related
$100,000 · Albina Community Bank
—
—
Karen F Romero
—
Deed Of Trust
related
$5,201 · Community Dev Commission
—
—
Samule Brooks
—
Deed Of Trust
related
$150,000 · Us 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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