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Property profile & analytics
OFF-MARKET
Residential income homes
1520 Prentis Ave Portsmouth, VA 23704-4606
Entity Owned
2-yr Hold
Property ID
US87-0458170
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1900
Construction
STONE
Total area
5,324 SF
Lot
0.12 ac (5,227 SF)
Zoning code
URM
APN
0069-0410
UPID
US87-0458170
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
by Request
Owner & transaction history
Seven Cities Properties LLC · 2 yrs held
Seven Cities Properties LLC
since 2023
Last sale
$265,000
7 recorded transactions
Zoning & alternative use
URM · Portsmouth, VA
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 Portsmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portsmouth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,436
Tax year 2023
Assessed value
$334,390
Assessed 2023
Previous assessed
$334,390
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$34,200
Assessed improvement
$300,190
Land market value
$34,200
Improvement market value
$300,190
Total market value
$334,390
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1900
Construction
STONE
Heating
HEAT PUMP
Cooling
YES
Stories
2
Units
4
Bathrooms
6
Total area
5,324 SF
Lot
0.12 ac (5,227 SF)
Zoning code
URM
APN
0069-0410
UPID
US87-0458170
Jurisdiction
PORTSMOUTH CITY
Zoning & alternative use
URM · Portsmouth, VA
Zoning URM · permitted uses
URM · Portsmouth, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portsmouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
STONE
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
4
Bathrooms
6
Lot
0.12 ac
Current owner
From public records · entity-resolved
Seven Cities Properties LLC
Entity
Mailing address
120 BISHOPS REACH, SMITHFIELD, VA 23430-5875
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2023
—
Seven Cities Properties LLC
Kristopher James Coughlin
Gift Deed
related
—
Jan 5, 2022
$265,000
Kristopher James Coughlin
Bankunited NA
Special Warranty Deed
$212,000 · Finance Of America Commercial LLC
Apr 16, 2021
$235,224
Bank United NA
Professional Foreclosure Corporatio
Trustees Deed
related
—
Oct 31, 2018
$260,000
Span 11/12 LLC
Harper,alston D
Grant Deed
$208,000 · Finance Of America Com'l LLC
Sep 3, 2015
$190,000
Alston D Harper
Danny Lee Boyd
Warranty Deed
$183,729 · Movement Mortgage LLC
Jul 17, 2012
$115,000
Danny L Boyd
Federal National Mortgage Associati
Special Warranty Deed
$119,346 · Wells Fargo Bank NA
Jun 16, 2010
$242,742
Federal Natl Mtg Assn Fnma
Professional Forec
Trustees Deed
related
—
Feb 1, 2005
$85,000
Jay E Rickles
Leonard Dennis
Warranty Deed
$150,000 · Bank Of The Commonwealth
—
—
Jay E Garelick
—
Deed Of Trust
related
$68,000 · Bank Of America
—
—
Jay E Garelick
—
Deed Of Trust
related
$238,000 · First Magnus Financial Corp
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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