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Property profile & analytics
OFF-MARKET
Estimated value
$7,535,000
Assisted living facilities
1720 67th St, Tacoma, WA 98404-4223
Individually Owned
2-yr Hold
Free & Clear
Property ID
US90-1223901
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1988
Lot
1.5 ac (65,514 SF)
Zoning code
R3
APN
320271220
UPID
US90-1223901
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
-
Peoples Senior Living Nursing Home Retirement Community
-
Prudent Medical Providers Physician
-
Sarah Phillips, DNP, APRN Physician
-
Lorena Guerrero Physician
-
Kathleen Richardson Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.54M
Owner & transaction history
Peoples Senior Living Real Estate L · 2 yrs held
Peoples Senior Living Real Estate L
since 2023
Last sale
$8.7M
6 recorded transactions
Zoning & alternative use
R3 · Tacoma, 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 Tacoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tacoma 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
$6,340,000
ML approach
$6,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.54M
Range $6.78M – $8.29M · ±10% · vs last sale $8.67M (Jun 29 2023)
Last sale anchor
$8.67M
Jun 29 2023
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
—
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
$6,471
Tax year 2024
Assessed value
$581,600
Assessed 2024
Previous assessed
$581,600
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$581,600
Land market value
$581,600
Total market value
$581,600
Applied tax rate
5.0000
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
1988
Heating
NONE
Lot
1.5 ac (65,514 SF)
Zoning code
R3
APN
320271220
UPID
US90-1223901
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Tacoma, WA
Zoning R3 · permitted uses
R3 · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tacoma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
1.5 ac
Current owner
From public records · entity-resolved
Peoples Senior Living Real Estate L
Individual
Free & Clear · 2 yrs held
Mailing address
1201 3RD AVE STE #3400, SEATTLE, WA 98101-3268
Ownership since
2023
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 29, 2023
$8,673,163
Peoples Senior Living Real Estate L
Peoples Retirement Community LLC
Warranty Deed
—
Jun 29, 2023
—
Peoples Senior Living LLC
Peoples Senior Living Real Estate L
Assignment Of Lease (leasehold Sale)
—
May 20, 2016
—
Peoples Retirement Cmnty LLC
—
Deed
related
$6,411,700 · Walker & Dunlop
Jul 6, 2007
—
Robert M Decker
Peoples Retirement Community
Warranty Deed
—
Jul 6, 2007
$6,880,000
Peoples Retirement Cmnty LLC
Decker,robert M
Warranty Deed
—
—
—
Peoples Retirement Cmnty LLC
—
Deed Of Trust
related
$6,411,700 · Walker & Dunlop
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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