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Property profile & analytics
OFF-MARKET
Apartment buildings
128 127th SE St Everett, WA 98208-5131
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1431561
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2019
Construction
WOOD
Total area
21,378 SF
Lot
4.91 ac (213,880 SF)
Zoning code
UC
APN
28042500400200
UPID
US90-1431561
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
-
Helm Apartment Building Apartment Complex
-
Blink Charging Station Electric Vehicle Charging Station
-
Argus Services Home Appliance Store
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
127 Street Se Wa Owner LLC · 4 yrs held
127 Street Se Wa Owner LLC
since 2021
Last sale
$76.5M
7 recorded transactions
Zoning & alternative use
UC · Everett, 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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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
$371,379
Tax year 2023
Assessed value
$46,564,400
Assessed 2023
Previous assessed
$45,094,100
+3.3% YoY
Effective rate
0.80%
On assessed value
Assessed land
$5,144,600
Assessed improvement
$41,419,800
Land market value
$5,144,600
Improvement market value
$41,419,800
Total market value
$46,564,400
Applied tax rate
2,310.0000
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 (100+ UNITS)
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
3
Stories
3
Total area
21,378 SF
Lot
4.91 ac (213,880 SF)
Zoning code
UC
APN
28042500400200
UPID
US90-1431561
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
UC · Everett, WA
Zoning UC · permitted uses
UC · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Buildings
3
Lot
4.91 ac
Current owner
From public records · entity-resolved
127 Street Se Wa Owner LLC
Entity
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2021
$76,462,000
127 Street Se Wa Owner LLC
South Everett Garden Development Co
Bargain And Sale Deed
—
Jul 31, 2020
—
Snohomish Cnty
South Everett Garden Dev Co Ll
Quit Claim Deed
related
—
Aug 14, 2018
—
South Everett Garden Development Co
—
Deed
related
$22,750,000 · Wells Fargo Bank NA
Feb 23, 2017
$5,500,000
South Everett Garden Dev Co Ll
128th Dev LP
Grant Deed
—
Jun 5, 2012
$4,100,000
Unibank
Keller Rohrback LLP
Trustees Deed
related
—
Aug 8, 2007
—
Kyung K Kim
Growing Tomorrow LLC
Warranty Deed
$5,395,000 · Unibank
Apr 25, 2007
—
128th Dev
Fana 128th Dev Corp
Quit Claim Deed
related
$7,907,808 · Trinaf Hotels USA LLP
Aug 30, 2006
$4,897,410
Growing Tomorrow LLC
Trinaf Hotels USA LLP
Warranty Deed
$3,150,000 · Cathay Bank
Jan 25, 2002
—
Snohomish County (wa)
Trinaf Hotels S USA
Grant Deed
related
—
Feb 1, 1990
$5,150,000
Trinaf Hotels USA
Unknown
Grant Deed
—
—
—
Kyung K Kim
—
Deed Of Trust
related
$3,900,000 · Unibank
—
—
Trinaf Hotels USA
—
Deed Of Trust
related
$5,600,000 · Bank Of America
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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