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Property profile & analytics
OFF-MARKET
Estimated value
$4,535,000
Apartment buildings
117 Chestnut St 217 West Chester, PA 19380-2610
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-1325425
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2014
Total area
58,731 SF
Lot
0.37 ac (16,212 SF)
Zoning code
TC
APN
0105 02540000
UPID
US73-1325425
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
-
Limitless Tribe Association Or Organization
-
Chestnut Street Lofts Apartment Complex
-
Ecklin Media, LLC Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.41M
Blend (final)
Blend
$4.54M
Owner & transaction history
Chestnut Street Lofts LLC · 13 yrs held
Chestnut Street Lofts LLC
since 2013
6 recorded transactions
Zoning & alternative use
TC · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
-304 Permitted uses. § 112-305 General design standards. § 112-306 NC-1 Neighborhood Conservation District. § 112-307 NC-2 Neighborhood Conservation District. § 112-308 NC-3 Neighborhood Conservation District. § 112-309 TC Town Center District. § 112-310 CS Commercial Service District. § 112-311 ID Industrial District. § 112-312 IS Institutional District. §…
Zone name
Town Center
General category
COMMERCIAL
Zone area
100.68 ac
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 West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester 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
$4.54M
Range $4.08M – $4.99M · ±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
$77 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$108,952
Tax year 2024
Assessed value
$3,106,040
Assessed 2024
Previous assessed
$3,106,040
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$81,080
Assessed improvement
$3,024,960
Land market value
$81,080
Improvement market value
$3,024,960
Total market value
$3,106,040
Applied tax rate
1.0000
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
2014
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
61
Units
60
Total area
58,731 SF
Lot
0.37 ac (16,212 SF)
Zoning code
TC
APN
0105 02540000
UPID
US73-1325425
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
TC · West Chester, PAZoning TC · permitted uses
TC · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
-304 Permitted uses. § 112-305 General design standards. § 112-306 NC-1 Neighborhood Conservation District. § 112-307 NC-2 Neighborhood Conservation District. § 112-308 NC-3 Neighborhood Conservation District. § 112-309 TC Town Center District. § 112-310 CS Commercial Service District. § 112-311 ID Industrial District. § 112-312 IS Institutional District. § 112-313 MU Mixed-Use District. § 112-314 Planned University Campus District. Artic
Zone name
Town Center
General category
COMMERCIAL
Zone area
100.68 ac
Building & site characteristics
From public records
Year built
2014
Heating
FORCED AIR
Cooling
Yes
Buildings
61
Units
60
Lot
0.37 ac
Current owner
From public records · entity-resolved
Chestnut Street Lofts LLC
Entity
Mailing address
535 N CHURH ST STE STE STE, WEST CHESTER, PA 19380
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2013
$314,126
Chestnut Street Lofts LLC
Stanab LP
Grant Deed
—
Feb 17, 2011
$375,000
Stanab LP
Hall Dale K
Grant Deed
$440,000 · Fulton Bank
Jul 31, 2000
—
Patricia L Snyder
Blue Ball National Bank
Grant Deed
related
—
—
—
Chestnut Street Lofts LLC
—
Deed Of Trust
related
$6,600,000 · Susquehanna Bank
—
—
Hall,dale K Tr
—
Deed Of Trust
related
$240,000 · First National Bank Chester
—
—
Chestnut Street Lofts LLC
—
Deed Of Trust
related
$1,000,000 · Columbia Bk
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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