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Property profile & analytics
OFF-MARKET
Estimated value
$21,655,000
Apartment buildings
1520 Casino Rd Everett, WA 98204-7958
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1366048
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1986
Construction
WOOD
Total area
110,016 SF
Lot
5.06 ac (220,414 SF)
Zoning code
R-3
APN
392200003900
UPID
US90-1366048
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
-
The Lynx Apartments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$25.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.66M
Owner & transaction history
Gp Green LLC · 6 yrs held
Gp Green LLC
since 2019
7 recorded transactions
Zoning & alternative use
R-3 · Everett, WA
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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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%
$27,155,000
6.5%
$25,065,000
7%
$23,275,000
Blend value · Realmo final
$21.66M
Range $19.49M – $23.82M · ±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
$197 / 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
$250,970
Tax year 2023
Assessed value
$32,488,000
Assessed 2023
Previous assessed
$29,283,000
+10.9% YoY
Effective rate
0.77%
On assessed value
Assessed land
$4,061,000
Assessed improvement
$28,427,000
Land market value
$4,061,000
Improvement market value
$28,427,000
Total market value
$32,488,000
Applied tax rate
25.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
3
Bathrooms
144
Total area
110,016 SF
Lot
5.06 ac (220,414 SF)
Zoning code
R-3
APN
392200003900
UPID
US90-1366048
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R-3 · Everett, WA
Zoning R-3 · permitted uses
R-3 · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Bathrooms
144
Lot
5.06 ac
Current owner
From public records · entity-resolved
Gp Green LLC
Entity
Mailing address
10 INVERNESS DR E STE #250, ENGLEWOOD, CO 80112-5612
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
—
Gp Green LLC
—
Deed
related
$30,174,000 · Walker & Dunlop LLC
Dec 18, 2019
$29,375,000
Gp Green LLC
Washington Greensview Apartment Ass
Special Warranty Deed
$22,000,000 · Us Bank NA
Mar 28, 2018
—
Washington Greensview Apartmen
—
Deed
related
$14,500,000 · Bank Of America
Dec 28, 2007
—
Greensview Apts Ass Washington
—
Trustees Deed
related
$9,105,200 · E F & A Funding LLC
Nov 1, 1991
$5,494,980
Greensview Apartment Assoc
Unknown
Grant Deed
—
—
—
Washington Greenview Apartment
—
Deed Of Trust
related
$750,000 · Eichler Fayne & Associates
—
—
Washington Greensview Apartmen
—
Deed Of Trust
related
$14,500,000 · Bank Of America
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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