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Property profile & analytics
OFF-MARKET
Estimated value
$7,895,000
Apartment buildings
176 King St 309 Malvern, PA 19355-2438
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0483363
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Total area
40,986 SF
Lot
1.73 ac (75,348 SF)
Zoning code
R4
APN
0203 00260000
UPID
US73-0483363
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
$9.24M
CAP Approach
CAP
$6.84M
Comparable Approach
Comparable
$6.28M
Blend (final)
Blend
$7.90M
Owner & transaction history
Malvern Crossing LLC · 3 yrs held
Malvern Crossing LLC
since 2022
Last sale
$8.0M
5 recorded transactions
Zoning & alternative use
R4 · Malvern, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
by divided into 18 classes of base districts which shall be designated as follows: Article IV R1 - Residential District Article V R2 - Residential District Article VI R3 (R3a and R3b) - Residential Districts Article VII R4 - Residential District Article VIII R5 - Residential District Article IX R6 - Residential District Article X R7 - Residential District Ar…
Zone name
Residential 33.0 Acres
General category
RESIDENTIAL
Zone area
33.02 ac
Top alternative use upside
Commercial (general)
$9.4M
+20.2%
Restaurant
$8.9M
+14.0%
Auto repair, garage
$8.8M
+12.6%
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 Malvern submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malvern 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
$9,005,000
ML approach
$9,240,000
CAP Approach
CAP Return
Estimation
6%
$7,405,000
6.5%
$6,835,000
7%
$6,350,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,780,000
Current use
COMMERCIAL (GENERAL)
$9,350,000
Change: +20% · Conversion: Moderate
RESTAURANT
$8,865,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,755,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$7,340,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$7.90M
Range $7.11M – $8.68M · ±10% · vs last sale $8.00M (Dec 27 2022)
Last sale anchor
$8.00M
Dec 27 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
$193 / 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
$74,180
Tax year 2024
Assessed value
$2,256,000
Assessed 2024
Previous assessed
$2,256,000
+0.0% YoY
Effective rate
3.29%
On assessed value
Assessed land
$297,270
Assessed improvement
$1,958,730
Land market value
$297,270
Improvement market value
$1,988,820
Total market value
$2,286,090
Applied tax rate
2.0000
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
1970
Heating
HOT WATER
Cooling
WINDOW A/C
Buildings
42
Units
36
Total area
40,986 SF
Lot
1.73 ac (75,348 SF)
Zoning code
R4
APN
0203 00260000
UPID
US73-0483363
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Malvern, PAZoning R4 · permitted uses
R4 · Malvern, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
by divided into 18 classes of base districts which shall be designated as follows: Article IV R1 - Residential District Article V R2 - Residential District Article VI R3 (R3a and R3b) - Residential Districts Article VII R4 - Residential District Article VIII R5 - Residential District Article IX R6 - Residential District Article X R7 - Residential District Article XI Reserved Article XII C1 - Commercial District Article XIII C2 - Adaptive
Zone name
Residential 33.0 Acres
General category
RESIDENTIAL
Zone area
33.02 ac
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$9.4M
RESTAURANT
Est. value
$8.9M
AUTO REPAIR, GARAGE
Est. value
$8.8M
OFFICE BUILDING
Est. value
$7.3M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1970
Heating
HOT WATER
Cooling
Yes
Buildings
42
Units
36
Lot
1.73 ac
Current owner
From public records · entity-resolved
Malvern Crossing LLC
Entity
Mailing address
409 RICHMOND AVE STE #102, POINT PLEASANT BEACH, NJ 08742-2768
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2022
$8,000,000
Malvern Crossing LLC
K 3 Ltd
Deed
$6,000,000 · Magyar Bank
May 31, 2022
—
K 3 Ltd
—
Deed
related
$1,900,000 · Northfield Bank
Aug 31, 2001
—
K-3 Ltd
Malvern West Apts Associates
Grant Deed
$2,500,000 · First National Bank Chester
—
—
K-3 Ltd
—
Deed Of Trust
related
$2,000,000 · Santander Bk NA
—
—
Elizabeth A Mair
—
Deed Of Trust
related
$48,000 · First Union Mortgage
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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