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Property profile & analytics
OFF-MARKET
Garden apartment buildings
115 Norman Ave Dayton, OH 45405-3549
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-0014068
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1950
Construction
WOOD
Total area
4,176 SF
Lot
0.16 ac (6,970 SF)
APN
R72 06102 0059
UPID
US66-0014068
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Athena Investments LLC · 5 yrs held
Athena Investments LLC
since 2021
Last sale
$190,000
7 recorded transactions
Zoning & alternative use
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 Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton 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
$3,223
Tax year 2023
Assessed value
$33,290
Assessed 2023
Previous assessed
$22,490
+48.0% YoY
Effective rate
9.68%
On assessed value
Assessed land
$5,180
Assessed improvement
$28,110
Land market value
$14,800
Improvement market value
$80,300
Total market value
$95,100
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
4
Rooms
12
Bathrooms
1
Total area
4,176 SF
Lot
0.16 ac (6,970 SF)
APN
R72 06102 0059
UPID
US66-0014068
Jurisdiction
MONTGOMERY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Rooms
12
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Athena Investments LLC
Entity
Free & Clear · 5 yrs held
Mailing address
9433 RIDINGS BLVD, CENTERVILLE, OH 45458-9732
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2021
$110,000
Athena Investments LLC
Lloyd Huston JR
Warranty Deed
—
Mar 12, 2018
$67,495
Houston Lloyd JR.
Right Choice Invs Made Easy Ll
Grant Deed
$50,620 · Usaa
Jan 16, 2018
$28,300
Right Choice Invs Made Easy Ll
Growing All Four Seasons
Quit Claim Deed
related
—
Jul 25, 2017
$6,500
Growing All Four Seasons
Fam First Ent LLC
Quit Claim Deed
related
—
Mar 2, 2017
$6,000
Fam First Ent LLC
Sj Services LLC
Quit Claim Deed
related
—
Dec 29, 2016
$28,300
Sj Service LLC
Camillia Harris Communication
Quit Claim Deed
related
—
Oct 27, 2015
—
Camillia Harris Communication
Expedient Asset Protection Svc
Quit Claim Deed
related
—
Aug 10, 2015
$29,000
Asset Protection Services LLC
Fambro,india
Quit Claim Deed
related
—
Nov 25, 2013
—
India Fambro
City Of Dayton Oh
Quit Claim Deed
related
—
Aug 22, 2013
—
City Of Dayton Oh
Deputy Sheriff Of Montgomery Cnty
Trustees Deed
related
—
Aug 9, 2013
$1,000
Singleton,jan L Tr
Castle Investment Props LLC
Quit Claim Deed
related
—
May 2, 2008
—
Castle Investment Props LLC
Ensign,jeffrey A & Joanne H
Quit Claim Deed
related
—
Nov 7, 2006
$28,000
Jeffrey A Ensigh
Deutsche Bank Trust Co
Grant Deed
—
May 12, 2006
$66,000
Deutsche Bank Trust Company Tr
Sheriff Of Montgomery County
Trustees Deed
related
—
Sep 2, 2003
$80,000
Donald G George
Wray,gordon L
Grant Deed
$72,000 · Progressive Mortgage Corp
May 5, 2000
$55,000
Gordon L Wray
Vavrek Trust
Grant Deed
—
—
—
Gordon L Wary
—
Deed Of Trust
related
$54,177 · Vavrek Trust
—
—
Jeffrey A Ensign
—
Deed Of Trust
related
$56,800 · Huntington National Bank
—
—
Houston Lloyd JR.
—
Loan Modification
related
$54,641 · Usaa
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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