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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Apartment buildings
17327 67th NE Ave Arlington, WA 98223-6050
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-2108408
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2021
Construction
WOOD
Total area
17,285 SF
Lot
8.81 ac (383,764 SF)
Zoning code
NC
APN
31052300300800
UPID
US90-2108408
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
$1.69M
Owner & transaction history
Centennial Park 5j LLC · 3 yrs held
Centennial Park 5j LLC
since 2023
7 recorded transactions
Zoning & alternative use
NC · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$98 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$266,372
Tax year 2023
Assessed value
$34,527,800
Assessed 2023
Previous assessed
$18,522,800
+86.4% YoY
Effective rate
0.77%
On assessed value
Assessed land
$1,892,400
Assessed improvement
$32,635,400
Land market value
$1,892,400
Improvement market value
$32,635,400
Total market value
$34,527,800
Applied tax rate
110.0000
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 (100+ UNITS)
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
12
Stories
3
Total area
17,285 SF
Lot
8.81 ac (383,764 SF)
Zoning code
NC
APN
31052300300800
UPID
US90-2108408
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC · Arlington, WA
Zoning NC · permitted uses
NC · Arlington, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Buildings
12
Lot
8.81 ac
Current owner
From public records · entity-resolved
Centennial Park 5j LLC
Entity
Mailing address
2517 COLBY AVE, EVERETT, WA 98201-2915
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2023
—
Centennial Park 5j LLC
Edgecomb Station 5j LLC
Quit Claim Deed
related
$37,000,000 · Cathay Bank
Feb 2, 2023
—
City Of Arlington
Edgecomb Station 5j LLC
Warranty Deed
—
Dec 18, 2019
—
Centennial Park 5j LLC
—
Deed
related
$24,600,000 · M & T Bank
Apr 30, 2018
$1,300,000
Edgecomb Station 5j LLC
Bunney,craig
Warranty Deed
$1,308,323 · 5j Williams Family LLC
Dec 28, 2016
$950,000
Craig Bunney
Arlington Investors A13179 LLC
Warranty Deed
$700,000 · Arlington Invtrs A13179 LLC
Apr 27, 2010
$50,000
Arlington Investors A13179 LLC
Northwest Te Svcs INC
Trustees Deed
related
—
Mar 22, 2010
$50,000
Carl Turner
Northwest Te Svcs INC
Trustees Deed
related
—
Mar 8, 2007
—
David Alan Dev LLC
High Valley Cmntys LLC
Quit Claim Deed
related
—
May 1, 2006
—
High Valley Communities LLC
David Alan Dev LLC
Quit Claim Deed
related
—
Mar 13, 2006
—
Stanwood Park LLC
Stusser,laurence A & Lori L
Quit Claim Deed
related
—
Oct 25, 1996
$52,000
Arlington City
Alskog,dennis & Nadine
Grant Deed
—
—
—
David Alan Dev LLC
—
Deed Of Trust
related
$286,617 · Summit Bank
—
—
Arlington Investors A13179 LLC
—
Deed Of Trust
related
$165,000 · Arlington Fndg LLC
—
—
Laurence A Stusser
—
Deed Of Trust
related
$550,000 · David Alan Ltd
—
—
High Valley Communities LLC
—
Deed Of Trust
related
$1,856,000 · Wells Fargo Bank
—
—
Hong N Ly
—
Deed Of Trust
related
$167,000 · Bel Air & Briney
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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