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Property profile & analytics
OFF-MARKET
Garden apartment buildings
1540 Belvo Rd Miamisburg, OH 45342-7807
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-5887133
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1998
Total area
4,080 SF
Lot
0.54 ac (23,653 SF)
APN
K46 00618 0008
UPID
US66-5887133
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
Restoration Housing LLC · 5 yrs held
Restoration Housing LLC
since 2020
Last sale
$460,000
6 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 Miamisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miamisburg 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
$41
Tax year 2023
Assessed value
$99,300
Assessed 2023
Previous assessed
$99,300
+0.0% YoY
Effective rate
0.04%
On assessed value
Assessed land
$13,440
Assessed improvement
$85,860
Land market value
$38,400
Improvement market value
$245,300
Total market value
$283,700
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
1998
Heating
YES
Cooling
CENTRAL
Stories
2
Units
4
Bathrooms
1
Total area
4,080 SF
Lot
0.54 ac (23,653 SF)
APN
K46 00618 0008
UPID
US66-5887133
Jurisdiction
MONTGOMERY
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
1998
Heating
YES
Cooling
Yes
Stories
2
Units
4
Bathrooms
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Restoration Housing LLC
Entity
Mailing address
907 W 5TH ST, DAYTON, OH 45402-8306
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2020
—
Restoration Housing LLC
Vly Hsng Opportunities I Miami
Quit Claim Deed
related
$5,400,000 · Huntington Nat'l Bk
Oct 5, 2009
—
Miami Valley Hsng Opportunitie
—
Trustees Deed
related
$100,000 · Key Bank & Trust
Jun 25, 2008
$460,000
Miami Valley Hsng Opportunitie
Bamgardner,alan S & Paula L
Warranty Deed
$481,200 · Corporation For Supportive Hsn
Jan 9, 2006
$213,000
Alan S Bomgardner
Melissa Demczyk
Survivorship Deed
$170,400 · Southern Ohio Mortgage LLC
Jul 9, 2003
$200,000
Melissa Demczyk
Hobbs,randall & Veronica L
Grant Deed
$150,000 · Union Fsb
Aug 3, 2001
$199,900
Randall Hobbs
Burgett,joyce
Grant Deed
$159,920 · Cornerstone Mortgage Svcs 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.
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