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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Mobile home & RV parks
1197 Century NE Dr 36 Albany, OR 97322-4315
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0520512
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1960
Lot
2.77 ac (120,661 SF)
APN
10S 03W 33DC 01201
UPID
US71-0520512
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
-
Albany RV and Trailer Park Campground & RV Park
-
Grey wolf Leatherworks Industrial Manufacturer
-
Dog Gone News Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.20M
Owner & transaction history
Albany Trailer & Rv Park LLC · 5 yrs held
Albany Trailer & Rv Park LLC
since 2021
Last sale
$2.2M
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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
$2,705,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.20M
Range $1.98M – $2.42M · ±10% · vs last sale $2.20M (Jan 6 2021)
Last sale anchor
$2.20M
Jan 6 2021
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
—
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
$8,524
Tax year 2023
Assessed value
$422,920
Assessed 2023
Previous assessed
$410,610
+3.0% YoY
Effective rate
2.02%
On assessed value
Land market value
$493,500
Improvement market value
$1,193,340
Total market value
$1,686,840
Applied tax rate
830.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1960
Heating
NONE
Stories
1
Lot
2.77 ac (120,661 SF)
APN
10S 03W 33DC 01201
UPID
US71-0520512
Jurisdiction
LINN
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
1960
Heating
NONE
Stories
1
Lot
2.77 ac
Current owner
From public records · entity-resolved
Albany Trailer & Rv Park LLC
Entity
Mailing address
6635 PRATHER RD, INDEPENDENCE, OR 97351-9716
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2021
$2,200,000
Albany Trailer & Rv Park LLC
Kathie M Bowlin
Grant Deed
$1,600,000 · Kathie M Bowlin
—
—
Kathie M Bowlin
—
Loan Modification
related
—
—
—
Kathie M Bowlin
—
Deed Of Trust
related
$350,000 · Central Willamette Cmnty Cu
—
—
Kathie M Bowlin
—
Deed Of Trust
related
$50,000 · Pioneer Tr Bk
—
—
Kathie M Bowlin
—
Deed Of Trust
related
$200,000 · Pioneer Trust Bank NA
—
—
Kathie M Bowlin
—
Loan Modification
related
—
—
—
Kathie M Bowlin
—
Deed Of Trust
related
$225,000 · Pioneer Trust Bank NA
—
—
Kathie M Bowlin
—
Loan Modification
related
—
—
—
Kathie M Bowlin
—
Deed Of Trust
related
$75,000 · Central Willamette Cmnty Cu
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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