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Property profile & analytics
OFF-MARKET Estimated value $4,015,000
Apartment buildings

1365 F St Independence, OR 97351-1321

40,594 SF 2.69 ac lot Built 2001
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US71-0744845
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2001
Total area 40,594 SF
Lot 2.69 ac (117,176 SF)
Zoning code RH
APN 08429-BD-01301
UPID US71-0744845
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
$4.02M
Owner & transaction history
Richmond Square Apartments LLC · 5 yrs held
Richmond Square Apartments LLC
since 2021
5 recorded transactions
2021
Price N/A
2015
$6.4M
2005
$5.3M
2005
Price N/A
1969
Price N/A
Zoning & alternative use
RH · Independence, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SUBCHAPTER 22: HIGH DENSITY RESIDENTIAL (RH) ZONE 22.005 Purpose The purpose of the High -Density Residential (RH) Zone is to define and protect areas suitable for medium and high-density residential uses. 22.015 Permitted and Conditional Uses Allowed permitted and conditional uses within the High-Density Residential Zone are presented in Subchapter 17. Uses…

Zone name High Density Residential
General category RESIDENTIAL
Zone area 106.47 ac
Source CITY OF INDEPENDENCE
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