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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
16500 1st St 50 Vancouver, WA 98684-2902
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0241048
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1993
Lot
25.19 ac (1,097,276 SF)
Zoning code
R1-5 : CLK
APN
164531-000
UPID
US90-0241048
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
-
Cascade Park Estates Campground & RV Park
-
Cascade Park Village Campground & RV Park
-
David Q Wil (Bike/Boat/Book/etc) Store Pharmacy
-
Roofing Xperts Vancouver Roofing Company General Contractor
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
Cascade Park Village LLC · 10 yrs held
Cascade Park Village LLC
since 2016
7 recorded transactions
Zoning & alternative use
R1-5 : CLK · Vancouver, 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 Vancouver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vancouver 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
$89,450
Tax year 2023
Assessed value
$8,558,600
Assessed 2023
Previous assessed
$7,442,300
+15.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$5,205,222
Assessed improvement
$3,353,378
Land market value
$5,205,222
Improvement market value
$3,353,378
Total market value
$8,558,600
Applied tax rate
10,166.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1993
Heating
NONE
Stories
1
Lot
25.19 ac (1,097,276 SF)
Zoning code
R1-5 : CLK
APN
164531-000
UPID
US90-0241048
Jurisdiction
CLARK
Zoning & alternative use
R1-5 : CLK · Vancouver, WA
Zoning R1-5 : CLK · permitted uses
R1-5 : CLK · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Stories
1
Lot
25.19 ac
Current owner
From public records · entity-resolved
Cascade Park Village LLC
Entity
Mailing address
7607 NE 26TH AVE, VANCOUVER, WA 98665-0637
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2022
—
Cascade Park Village LLC
—
Deed
related
$4,269,000 · Greystone Servicing Co LLC
Feb 9, 2022
—
Cascade Park Village LLC
—
Deed
related
$4,269,000 · Greystone Servicing Company LLC
Sep 30, 2020
—
Cascade Park Village LLC
—
Deed
related
$20,250,000 · Greystone Servicing Company LLC
Aug 24, 2017
—
Cascade Park Village LLC
—
Grant Deed
related
$1,650,000 · Greystone Svcg
Jun 24, 2016
—
Cascade Park Village LLC
Werner,michael J II & Denise L
Grant Deed
$10,500,000 · Greystone Svcg
Jun 9, 2015
$11,500,000
Michael J Werner II
Cascade Park Estates LLC
Warranty Deed
$8,450,000 · Mufg Union Bank NA
Jan 29, 2007
—
Cascade Park Estates LLC
—
Deed Of Trust
related
$2,000,000 · First Independent Bank
May 9, 2006
—
Cascade Park Estates LLC
Talbitzer,howard F & Mary M
Warranty Deed
—
Jul 21, 2004
—
Howard F Talbitzer
—
Deed Of Trust
related
$25,500,000 · Homestreet Bank
Dec 10, 1998
—
Howard W Talbitzer
—
Deed Of Trust
related
$2,000,000 · First Independent Bank
May 27, 1992
$1,675
Talbitzer H F Etal
Unknown
Grant Deed
related
—
—
—
Cascade Park Estates LLC
—
Deed Of Trust
related
$3,500,000 · First Independent Bank
—
—
Howard F Talbitzer
—
Deed Of Trust
related
$950,000 · First Independent Bank
—
—
Howard F Talbitzer
—
Deed Of Trust
related
$300,000 · First Independent Bank
—
—
Talbitzer H F Etal
—
Deed Of Trust
related
$1 · First Independent
—
—
Cascade Park Estates LLC
—
Deed Of Trust
related
$245,000 · First Independent Bank
—
—
Cascade Park Estates LLC
—
Deed Of Trust
related
$3,401,716 · Northwest Property Rsrcs LLC
—
—
Howard F Talbitzer
—
Deed Of Trust
related
$1,000,000 · First Independent Bank
—
—
Howard W Talbitzer
—
Deed Of Trust
related
$1,872,000 · First Independent Bank
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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