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Property profile & analytics
OFF-MARKET
Estimated value
$16,830,000
Apartment buildings
1713 Chester Pike West Chester, PA 19382-6607
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-2154504
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2013
Total area
68,737 SF
Lot
8.49 ac (369,607 SF)
Zoning code
RA1
APN
5408 00031900
UPID
US73-2154504
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
-
Arbor Terrace Willistown Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.47M
Comparable Approach
Comparable
$22.05M
Blend (final)
Blend
$16.83M
Owner & transaction history
Shp V Willistown LLC · 10 yrs held
Shp V Willistown LLC
since 2016
3 recorded transactions
Zoning & alternative use
RA1 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$22.9M
+75.7%
Office building
$19.5M
+49.6%
Commercial (general)
$19.1M
+46.4%
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 West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,420,000
6.5%
$11,465,000
7%
$10,650,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$13,050,000
Current use
AUTO REPAIR, GARAGE
$22,925,000
Change: +76% · Conversion: Difficult
OFFICE BUILDING
$19,520,000
Change: +50% · Conversion: Moderate
COMMERCIAL (GENERAL)
$19,100,000
Change: +46% · Conversion: Moderate
RESTAURANT
$18,660,000
Change: +43% · Conversion: Difficult
WAREHOUSE, STORAGE
$12,270,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$16.83M
Range $15.15M – $18.51M · ±10%
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
$245 / 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
$243,085
Tax year 2024
Assessed value
$8,532,000
Assessed 2024
Previous assessed
$10,931,250
-21.9% YoY
Effective rate
2.85%
On assessed value
Assessed land
$721,290
Assessed improvement
$7,810,710
Land market value
$721,290
Improvement market value
$7,977,070
Total market value
$8,698,360
Applied tax rate
54.0000
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
2013
Heating
FORCED AIR
Cooling
CENTRAL
Units
86
Total area
68,737 SF
Lot
8.49 ac (369,607 SF)
Zoning code
RA1
APN
5408 00031900
UPID
US73-2154504
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RA1 · West Chester, PAZoning RA1 · permitted uses
RA1 · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$13.1M
AUTO REPAIR, GARAGE
Est. value
$22.9M
OFFICE BUILDING
Est. value
$19.5M
COMMERCIAL (GENERAL)
Est. value
$19.1M
RESTAURANT
Est. value
$18.7M
WAREHOUSE, STORAGE
Est. value
$12.3M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
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
2013
Heating
FORCED AIR
Cooling
Yes
Units
86
Lot
8.49 ac
Current owner
From public records · entity-resolved
Shp V Willistown LLC
Entity
Mailing address
3348 PEACHTREE RD NE STE #1100, ATLANTA, GA 30326-1447
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2016
$28,420,000
Shp V Willistown LLC
Fsp-willistown LP
Grant Deed
$31,930,000 · Miscellaneous Ins Co
Jun 29, 2012
$2,400,000
Fsp-willistown LP
Alliance Bancorp INC
Grant Deed
$15,848,837 · Hcpi Trust (pt)
Jul 25, 2005
$1,020,000
Delaware Valley Holdin Greater
Videon,frank C SR
Grant Deed
—
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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