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Property profile & analytics
OFF-MARKET
Estimated value
$11,335,000
Assisted living facilities
15519 62nd St E Ct Sumner, WA 98390-2657
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1077333
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2000
Construction
WOOD FRAME
Total area
55,916 SF
Lot
1.33 ac (57,935 SF)
Zoning code
HDR
APN
520193205
UPID
US90-1077333
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
-
Stafford Suites Retirement Community Nursing Home
-
Stafford Healthcare Ostrum Health
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.24M
Blend (final)
Blend
$11.34M
Owner & transaction history
Sumner Alc LLC · 1 yrs held
Sumner Alc LLC
since 2025
Last sale
$12.8M
6 recorded transactions
Zoning & alternative use
HDR · Sumner, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$17.1M
+68.8%
Warehouse, storage
$16.7M
+64.5%
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 Sumner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sumner 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
$11,325,000
ML approach
$9,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$10,145,000
Current use
RETAIL STORES
$17,120,000
Change: +69% · Conversion: Difficult
WAREHOUSE, STORAGE
$16,685,000
Change: +64% · Conversion: Difficult
Blend value · Realmo final
$11.34M
Range $10.20M – $12.47M · ±10% · vs last sale $12.76M (Jun 2 2025)
Last sale anchor
$12.76M
Jun 2 2025
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
$203 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$99,728
Tax year 2024
Assessed value
$9,657,900
Assessed 2024
Previous assessed
$9,657,900
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$715,200
Assessed improvement
$8,942,700
Land market value
$715,200
Improvement market value
$8,942,700
Total market value
$9,657,900
Applied tax rate
117.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2000
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
3
Units
72
Total area
55,916 SF
Lot
1.33 ac (57,935 SF)
Zoning code
HDR
APN
520193205
UPID
US90-1077333
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
HDR · Sumner, WA
Zoning HDR · permitted uses
HDR · Sumner, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sumner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$10.1M
RETAIL STORES
Est. value
$17.1M
WAREHOUSE, STORAGE
Est. value
$16.7M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
3
Units
72
Lot
1.33 ac
Current owner
From public records · entity-resolved
Sumner Alc LLC
Entity
Mailing address
33507 9TH AVE S STE C3, FEDERAL WAY, WA 98003-6397
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Jun 2, 2025
$12,755,000
Sumner Alc LLC
Shs Properties II LLC
Special Warranty Deed
$1,900,000 · Shs Properties II LLC
Oct 28, 2004
—
Shs Properties II LLC
Ostrom,k D
Quit Claim Deed
related
$5,477,100 · Cwcapital LLC
Mar 13, 2000
—
Shs Properties LLC
Ostrom,k D
Quit Claim Deed
related
—
May 3, 1999
—
K D Ostrom
—
Grant Deed
related
$7,305,000 · Key Bank NA
Apr 16, 1999
—
K D Ostrom
East Main Associates
Quit Claim Deed
related
—
—
—
Shs Properties II LLC
—
Deed Of Trust
related
$5,287,900 · Walker & Dunlop LLC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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