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Property profile & analytics
OFF-MARKET
Estimated value
$12,500,000
Apartment buildings
17245 Heritage Ct 48, Beaverton, OR 97003-5061
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1708245
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Lot
1.72 ac (74,923 SF)
Zoning code
R-25+
APN
1S107DB-00500
UPID
US71-1708245
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
$12.50M
Owner & transaction history
Nwi Parker LP · 4 yrs held
Nwi Parker LP
since 2022
Last sale
$12.5M
7 recorded transactions
Zoning & alternative use
R-25+ · Beaverton, OR
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 Beaverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaverton 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
$9,675,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.50M
Range $11.25M – $13.75M · ±10% · vs last sale $12.50M (May 23 2022)
Last sale anchor
$12.50M
May 23 2022
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 2023Property tax & assessments
Tax year 2023
Tax billed
$49,239
Tax year 2023
Assessed value
$2,729,350
Assessed 2023
Previous assessed
$2,649,860
+3.0% YoY
Effective rate
1.80%
On assessed value
Land market value
$1,320,000
Improvement market value
$9,811,090
Total market value
$11,131,090
Applied tax rate
51.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1969
Heating
NONE
Lot
1.72 ac (74,923 SF)
Zoning code
R-25+
APN
1S107DB-00500
UPID
US71-1708245
Jurisdiction
WASHINGTON
Zoning & alternative use
R-25+ · Beaverton, OR
Zoning R-25+ · permitted uses
R-25+ · Beaverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaverton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Lot
1.72 ac
Current owner
From public records · entity-resolved
Nwi Parker LP
Entity
Mailing address
1211 PUERTA DEL SOL STE #240, SAN CLEMENTE, CA 92673-6342
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2022
$12,500,000
Nwi Parker LP
17135 Sw Heritage LLC
Special Warranty Deed
$8,350,000 · Jpmorgan Chase Bank NA
May 29, 2019
$7,800,000
17135 Sw Heritage LLC
Westbrook Beaverton LLC
Warranty Deed
$5,850,000 · Opus Bank
Sep 27, 2013
$2,350,000
Westbrook Beaverton LLC
Smagala-ferro 2001 Trust
Warranty Deed
$2,596,750 · First Century Bank
Aug 27, 2008
$4,650,000
James E Smagala
Skl Properties LLC
Warranty Deed
$3,390,000 · Washington Mutual Bank
Mar 8, 2007
$3,725,000
Skl Properties LLC
Gardner,william M & Joyce G
Grant Deed
$2,980,000 · Pacific Continental Bank
Oct 15, 2004
$3,400,000
William M Gardner
Chocolate Properties LLC
Grant Deed
$2,565,000 · Lasalle National Bank
Jun 5, 2002
—
Chocolate Properties LLC
Coin Meter Co
Quit Claim Deed
related
$2,220,000 · Washington Mutual Fsb
Jun 5, 2002
$1,145,700
Albert I Teige
Millwood Hill Investments INC
Grant Deed
—
Aug 19, 1998
$3,015,000
Chocolate Properties LLC
Heritage Investment Properties
Grant Deed
$2,350,000 · Union Bank Of California
Jun 20, 1997
—
Investment Properties Heritage
Macdonald,gary J
Grant Deed
related
—
Jun 30, 1994
$1,464,000
Carlson Custom Homes INC
Argyle Holdings
Grant Deed
$1,090,000 · Washington Mutual Fsb
May 11, 1990
$1,250,000
Oakwood Park Apartment
Unknown
Grant Deed
—
—
—
Skl Properties LLC
—
Deed Of Trust
related
$400,000 · Robert & Lynda Neithammer
—
—
Westbrook Beaverton LLC
—
Deed Of Trust
related
$4,500,000 · Centerline Mtg Ptrs
—
—
Investment Properties Heritage
—
Deed Of Trust
related
$825,000 · Individual
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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