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Property profile & analytics
OFF-MARKET
Assisted living facilities
17309 Wi Ne Glisan St, Portland, OR 97230
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US71-0732097
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1949
Total area
1,108 SF
Lot
0.62 ac (26,961 SF)
Zoning code
CMF
APN
1N3E31AC 09300
UPID
US71-0732097
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
-
Pacific Gardens Alzheimer's Special Care Center Nursing Home Retirement Community
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
Sh1 Pacific Gardens LLC · 7 yrs held
Sh1 Pacific Gardens LLC
since 2019
6 recorded transactions
Zoning & alternative use
CMF · Portland, 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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
$1,127
Tax year 2023
Assessed value
$64,680
Assessed 2023
Previous assessed
$62,800
+3.0% YoY
Effective rate
1.74%
On assessed value
Land market value
$104,250
Total market value
$104,250
Applied tax rate
402.0000
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
1949
Heating
NONE
Bathrooms
1
Total area
1,108 SF
Lot
0.62 ac (26,961 SF)
Zoning code
CMF
APN
1N3E31AC 09300
UPID
US71-0732097
Jurisdiction
MULTNOMAH
Zoning & alternative use
CMF · Portland, OR
Zoning CMF · permitted uses
CMF · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Heating
NONE
Bathrooms
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Sh1 Pacific Gardens LLC
Entity
Mailing address
40 W 57TH ST FL, NEW YORK, NY 10019-4001
Ownership since
2019
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
Mar 18, 2019
$773,900
Sh1 Pacific Gardens LLC
Erwin Family Properties LLC
Special Warranty Deed
$82,875 · Acore Capital Mortgage LP
Jun 1, 2006
$3,500,000
Erwin Family Properties II LLC
Legacy Health System
Grant Deed
$3,200,000 · Bank Of Clark County
Oct 12, 2000
$174,950
Ruby West
Mason-west,antwan
Grant Deed
related
$174,950 · New America Financial INC
Feb 17, 1998
$156,500
Antwan Mason-west
Trottier,gary A & Carrie L
Grant Deed
—
Jun 14, 1996
$2,820,760
Legacy Health System
Saint Aidans Place INC
Grant Deed
—
—
—
Erwin Family Properties II LLC
—
Deed Of Trust
related
$961,920 · Bank Of Clark County
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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