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Property profile & analytics
OFF-MARKET
Estimated value
$41,445,000
Garden apartment buildings
1405 Veterans Hwy Bristol, PA 19007-2377
Entity Owned
~
Est. High Equity
Property ID
US73-2581606
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Lot
28.45 ac (1,239,282 SF)
Zoning code
R3
APN
05-023-031
UPID
US73-2581606
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
$41.45M
Owner & transaction history
Bristol Gardens Apartments LLC
Bristol Gardens Apartments LLC
since 2025
Last sale
$40.8M
5 recorded transactions
Zoning & alternative use
R3 · Bristol, PA
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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
Method
Estimation
Statistic approach
$42,840,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$41.45M
Range $37.30M – $45.59M · ±10% · vs last sale $40.75M (Jul 19 2023)
Last sale anchor
$40.75M
Jul 19 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$355,485
Tax year 2024
Assessed value
$1,309,000
Assessed 2024
Previous assessed
$1,309,000
+0.0% YoY
Effective rate
27.16%
On assessed value
Assessed land
$426,760
Assessed improvement
$882,240
Land market value
$5,846,002
Improvement market value
$12,085,427
Total market value
$17,931,429
Applied tax rate
5.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Heating
NONE
Stories
1
Lot
28.45 ac (1,239,282 SF)
Zoning code
R3
APN
05-023-031
UPID
US73-2581606
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Bristol, PA
Zoning R3 · permitted uses
R3 · Bristol, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bristol. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
28.45 ac
Current owner
From public records · entity-resolved
Bristol Gardens Apartments LLC
Entity
Mailing address
1500 AVE OF THE STATES STE #308, LAKEWOOD, NJ 08701-4791
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2025
—
Bristol Gardens Apartments LLC
Bristol Gardens Apartments LLC
Deed
related
$46,000,000 · Morgan Stanley Bank NA
Jul 19, 2023
—
Sentinel Security Life Insurance Co
Bristol Gardens Apartments LLC
Assignment Of Lease (leasehold Sale)
—
Jul 19, 2023
$40,750,000
Bristol Gardens Apartments LLC
Bristol Gardens INC
Special Warranty Deed
$37,840,000 · Sentinel Security Life Ins Co
—
—
Vijay Patel
—
Deed Of Trust
related
$50,000 · Pnc Bank
—
—
Bristol Gardens INC
—
Deed Of Trust
related
$2,350,000 · Prime Bank
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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