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Property profile & analytics
OFF-MARKET
Estimated value
$5,105,000
Apartment buildings
14243 Rodeo Dr, Victorville, CA 92395-4493
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1551367
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD FRAME
Total area
48,726 SF
Lot
2.56 ac (111,325 SF)
APN
0477-233-31-0000
UPID
US10-1551367
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
-
Northport Apartments Apartment Building
-
Concept Commercial HVAC Contractors Victorville HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.69M
Blend (final)
Blend
$5.11M
Owner & transaction history
Northport Victorville LLC · 2 yrs held
Northport Victorville LLC
since 2023
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
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 Victorville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Victorville 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
$5,530,000
ML approach
$5,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.11M
Range $4.59M – $5.62M · ±10% · vs last sale $4.12M (Nov 21 2023)
Last sale anchor
$4.12M
Nov 21 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
$105 / SF
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
$56,876
Tax year 2023
Assessed value
$5,950,000
Assessed 2024
Previous assessed
$4,598,568
+29.4% YoY
Effective rate
0.96%
On assessed value
Assessed land
$1,670,000
Assessed improvement
$4,280,000
Applied tax rate
12.0000
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
1986
Construction
WOOD FRAME
Heating
NONE
Units
60
Total area
48,726 SF
Lot
2.56 ac (111,325 SF)
APN
0477-233-31-0000
UPID
US10-1551367
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Construction
WOOD FRAME
Heating
NONE
Units
60
Lot
2.56 ac
Current owner
From public records · entity-resolved
Northport Victorville LLC
Entity
Mailing address
715 E BRIER DR, SAN BERNARDINO, CA 92408-2841
Ownership since
2023
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
Nov 21, 2023
$4,120,500
Northport Victorville LLC
USA Strategic Property Management L
Grant Deed
—
Jan 21, 2021
—
USA Strategic Prop Mgmt LLC
USA Strategic Prop Mgmt LLC
Quit Claim Deed
related
$4,634,000 · Lument Capital
Dec 11, 2020
—
USA Strategic Prop Mgmt LLC
R & S Strategic Management LLC
Quit Claim Deed
—
Jul 14, 2020
$6,100,000
R & S Strategic Management LLC
Eternity Properties II LLC
Grant Deed
$3,209,600 · Fidelity Bridge Lns LLC
Oct 2, 2014
$3,200,000
Eternity Properties II LLC
Jonaitis J A 1998 Trust
Grant Deed
—
Mar 19, 2007
—
James A Jonaitis
Jonaitis,clara M
Quit Claim Deed
related
—
Mar 14, 1997
—
Jonaitis Trust
—
Grant Deed
related
$810,000 · Imperial Thrift & Loan
Jan 29, 1996
$1,028,000
James A Jonaitis
Dimenstein,sam & Sandra
Grant Deed
$800,000 · Seller
May 16, 1994
$860,000
1993-n2 Properties LP
Citywide Assoc
Trustees Deed
—
—
—
Beamer Trust
—
Deed Of Trust
related
$250,000 · Individual
—
—
Jonaitis Trust
—
Deed Of Trust
related
$890,500 · Washington Mutual Fsb
—
—
James A Jonaitis
—
Deed Of Trust
related
$135,000 · Individual
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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