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Property profile & analytics
OFF-MARKET
Apartment buildings
1343 Godsey Rd 1, Dallas, OR 97338-2754
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0589192
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Total area
3,456 SF
Lot
0.34 ac (14,810 SF)
Zoning code
RMD
APN
07534-CB-00502
UPID
US71-0589192
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
-
Ashbrook Apartments Apartment Building
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
Knife Ridge LLC · 7 yrs held
Knife Ridge LLC
since 2018
6 recorded transactions
Zoning & alternative use
RMD · Dallas, OR
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
$3,025
Tax year 2023
Assessed value
$216,480
Assessed 2023
Previous assessed
$210,180
+3.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$25,510
Assessed improvement
$190,970
Land market value
$103,960
Improvement market value
$383,420
Total market value
$487,380
Applied tax rate
201.0000
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
1977
Heating
NONE
Buildings
4
Total area
3,456 SF
Lot
0.34 ac (14,810 SF)
Zoning code
RMD
APN
07534-CB-00502
UPID
US71-0589192
Jurisdiction
POLK
Zoning & alternative use
RMD · Dallas, OR
Zoning RMD · permitted uses
RMD · Dallas, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Buildings
4
Lot
0.34 ac
Current owner
From public records · entity-resolved
Knife Ridge LLC
Entity
Free & Clear · 7 yrs held
Mailing address
4742 LIBERTY RD S #104, SALEM, OR 97302-5037
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
May 21, 2020
—
Knife Ridge LLC
—
Deed
related
$2,835,000 · Boeing Emps Cu
Aug 17, 2018
$3,395,000
Knife Ridge LLC
Welcome Home Properties 3 LLC
Grant Deed
—
Aug 15, 2018
$3,395,000
Knife Ridge LLC
Welcome Home Properties 3 LLC
Trustees Deed
$2,535,000 · Opus Bk
Aug 13, 2003
—
Titus,tr
Titus,john D
Quit Claim Deed
related
$240,000 · Sterling Savings Bank
Jan 31, 1991
$45,000
John D Titus
Unknown
Grant Deed
—
—
—
Knife Ridge LLC
—
Deed Of Trust
related
$2,835,000 · Boeing Emps 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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