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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Apartment buildings
1600 Kempton SE St 1710, Olympia, WA 98501-7501
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-3086926
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2010
Construction
WOOD FRAME
Total area
936 SF
Lot
2.82 ac (122,839 SF)
APN
1181-91-30300
UPID
US90-3086926
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
$595k
Owner & transaction history
Yuksel INC · 8 yrs held
Yuksel INC
since 2017
7 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 Olympia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olympia 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
$636 / 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
$232,478
Tax year 2023
Assessed value
$23,343,100
Assessed 2022
Previous assessed
$9,862,200
+136.7% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,297,300
Assessed improvement
$22,045,800
Land market value
$1,297,300
Improvement market value
$22,045,800
Total market value
$23,343,100
Applied tax rate
110.0000
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 (5+ UNITS)
Status
Off-Market
Year built
2010
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
WALL UNIT
Stories
3
Bathrooms
1
Total area
936 SF
Lot
2.82 ac (122,839 SF)
APN
1181-91-30300
UPID
US90-3086926
Jurisdiction
THURSTON
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
2010
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
3
Bathrooms
1
Lot
2.82 ac
Current owner
From public records · entity-resolved
Yuksel INC
Entity
Mailing address
12315 SE 197TH PL, KENT, WA 98031-0504
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2017
$14,880,250
Yuksel INC
18th Avenue Estates LLC
Warranty Deed
$10,000,000 · Boeing Emps Cu
Jan 13, 2012
$1,700,000
18th Avenue Estates LLC
Woodworth Capital INC
Warranty Deed
—
Aug 13, 2010
—
Woodworth Capital INC
—
Trustees Deed
related
$6,300,000 · Wells Fargo Bank
Mar 16, 2010
$1,700,000
Woodworth Capital INC
Berg Residential Dev LLC
Warranty Deed
—
Mar 9, 2006
$1,210,000
Berg Residential Dev LLC
Abode Ents INC
Warranty Deed
—
Jun 30, 2005
$350,000
Abode Enterprises INC
Millard C Fall
Warranty Deed
$413,000 · The State National Bank Of Garfield
—
—
Yuksel INC
—
Loan Modification
related
$33,822 · Boeing Emps Cu
—
—
Abode Ents INC
—
Deed Of Trust
related
$182,000 · First Cash 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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