Technical
Financial
Distress signals
Property profile

12231 117th E Ave 12233 Puyallup, WA 98374

OFF-MARKET
Apartment buildings
Property ID
US90-0912895
2,560 SF 0.44 ac lot Built 1976
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1976
Construction WOOD FRAME
Total area 2,560 SF
Lot 0.44 ac (19,166 SF)
Zoning code MSF
APN 419104110
UPID US90-0912895

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12231 117th E Ave, Unit 12233 Puyallup, WA 98374-4003
Puyallup metro Census 71211 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$707k
Blend (final) Blend
$915k

Owner & transaction history

since 2020
Last sale
$1.1M
7 recorded transactions
2022
Price N/A
2020
$1.1M
2019
Price N/A
2013
$450,000
2005
$418,000
2001
$302,500
2001
Price N/A

Zoning & alternative use

MSF · Puyallup, WA
Top alternative use upside
Neighborhood: shopping center $1.1M +122.7%
Auto repair, garage $985,000 +101.6%
Commercial (general) $955,000 +94.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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