Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$32,295,000
Garden apartment buildings
150 Morgan Dr Royersford, PA 19468-1848
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1720456
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2000
Total area
233,630 SF
Lot
15 ac (653,400 SF)
Zoning code
R4
APN
37-00-04663-18-7
UPID
US73-1720456
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
$44.76M
Blend (final)
Blend
$32.30M
Owner & transaction history
Chestnut Pointe Associates · 4 yrs held
Chestnut Pointe Associates
since 2022
3 recorded transactions
Zoning & alternative use
R4 · Royersford, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$38.2M
+17.7%
Medical building
$36.8M
+13.4%
Restaurant
$32.8M
+1.0%
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 Royersford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royersford 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$32,470,000
Current use
OFFICE BUILDING
$38,225,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$36,825,000
Change: +13% · Conversion: Moderate
RESTAURANT
$32,790,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$30,450,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$27,135,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$32.30M
Range $29.07M – $35.52M · ±10%
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
$138 / 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
$480,251
Tax year 2023
Assessed value
$12,420,000
Assessed 2024
Previous assessed
$12,420,000
+0.0% YoY
Effective rate
3.87%
On assessed value
Total market value
$12,420,000
Applied tax rate
37.0000
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
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Units
13
Total area
233,630 SF
Lot
15 ac (653,400 SF)
Zoning code
R4
APN
37-00-04663-18-7
UPID
US73-1720456
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Royersford, PA
Zoning R4 · permitted uses
R4 · Royersford, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Royersford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$32.5M
OFFICE BUILDING
Est. value
$38.2M
MEDICAL BUILDING
Est. value
$36.8M
RESTAURANT
Est. value
$32.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$30.5M
COMMERCIAL (GENERAL)
Est. value
$27.1M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Units
13
Lot
15 ac
Current owner
From public records · entity-resolved
Chestnut Pointe Associates
Entity
Mailing address
1600 MARKET ST STE #3150, PHILADELPHIA, PA 19103-7214
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
—
Chestnut Pointe Associates
Chestnut Pointe Associates
Intrafamily Transfer
related
$34,500,000 · Nationwide Life Insurance Company
May 31, 2001
—
Chestnut Pointe Associates
—
Deed Of Trust
related
$15,000,000 · Lend Lease Mortgage Capital LP
—
—
Chestnut Pointe Associates
—
Deed Of Trust
related
$250,000 · Morgan Stanley Mtg Capital INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 150 Morgan Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
