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Property profile & analytics
OFF-MARKET
Apartment buildings
12204 118th E Ave Puyallup, WA 98374-5251
Individually Owned
19-yr Hold
Absentee Owner
Property ID
US90-3160135
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1980
Construction
FRAME
Total area
3,120 SF
Lot
0.37 ac (16,117 SF)
Zoning code
MSF
APN
419108051
UPID
US90-3160135
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
Alvin A White · 19 yrs held
Alvin A White
since 2006
7 recorded transactions
Zoning & alternative use
MSF · Puyallup, WA
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 Puyallup submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Puyallup 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,850
Tax year 2024
Assessed value
$722,400
Assessed 2024
Previous assessed
$722,400
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$211,000
Assessed improvement
$511,400
Land market value
$211,000
Improvement market value
$511,400
Total market value
$722,400
Applied tax rate
195.0000
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
1980
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Total area
3,120 SF
Lot
0.37 ac (16,117 SF)
Zoning code
MSF
APN
419108051
UPID
US90-3160135
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MSF · Puyallup, WA
Zoning MSF · permitted uses
MSF · Puyallup, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Puyallup. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Lot
0.37 ac
Current owner
From public records · entity-resolved
Alvin A White
Individual
Mailing address
15904 136TH AVE E, PUYALLUP, WA 98374-9686
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2006
—
Alvin A White
White,alvin A & Vera L
Quit Claim Deed
related
—
Aug 4, 2006
—
Bmmc Holdings LLC
Cutler,brian A & Judith M
Quit Claim Deed
related
—
Jun 15, 2006
$405,000
Mark P Schwery
Ford,james M & Susan E
Warranty Deed
$324,000 · Paul Financial LLC
Apr 9, 2004
—
James M Ford
Ford,james M
Quit Claim Deed
related
—
Dec 30, 1999
$195,000
William H Ford
Collins,james D & Teresa L
Grant Deed
$156,000 · Qpoint Home Mtg Loans/cyn Cree
Apr 17, 1996
$160,000
James D Collins
Bennett,lee L
Grant Deed
$128,000 · Gmac Mortgage Corp
—
—
Wayne Bennett
—
Deed Of Trust
related
$96,000 · Ica Mortgage Corp
—
—
William H Ford
—
Deed Of Trust
related
$153,000 · Washington Federal Savings
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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