Individually Owned Property summary
AI-generated overview
This multifamily property was constructed in 2016 and is situated on 4.26 acres in Spokane Valley within a gated, 55+ controlled-access community. The development includes 31 total residential units across a clubhouse setting and is configured with two unit types: 16 three-bedroom, two-bath units (approximately 1,250 square feet each) and 15 two-bedroom, two-bath units. Many units feature attached garages, including 13 units with two-car garages and two of those garages described as oversized one-car configurations. Interior features include LVT flooring in kitchens, granite kitchen islands, and laminate flooring on other interior surfaces. The units are described as ADA friendly but not ADA compliant, and tenant-paid electricity is indicated. An on-site clubhouse is included for resident events.
Property profile
Verified
Property type
Other specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2016
Total area
1,200 SF
Lot
4.27 ac (186,054 SF)
APN
55202.3402
UPID
US90-2752451
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Property Management Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.05M
Owner & transaction history
since 2022
Last sale
$10.2M
5 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$7.05M
Value range
$6.35M – $7.76M
±10% around blend
Estimated value / SF
$5,875 / SF
Confidence
Property data
88
Comparable evidence
60
$6.35M
blend $7.05M
$7.76M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,200 SF
Lot area
4.27 ac
Year built
2016
Stories
1
APN
55202.3402
Assessed value
$6,840,800
Annual tax
$66,230
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$7.05M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$10.15M
Move the market yield to see immediate price impact.
Value / SF
$8,458
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$639k
$12.79M
$9.14M
$7.11M
$711k
$14.21M
$10.15M
$7.89M
$782k
$15.63M
$11.16M
$8.68M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$66,230
Tax year 2023
Assessed value
$6,840,800
Assessed 2024
Previous assessed
$4,473,200
+52.9% YoY
Effective rate
0.97%
On assessed value
Assessed land
$558,160
Assessed improvement
$6,282,640
Land market value
$558,160
Improvement market value
$6,282,640
Total market value
$6,840,800
Applied tax rate
144.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2016
Heating
BASEBOARD
Cooling
NONE
Buildings
9
Stories
1
Rooms
14
Bathrooms
6
Total area
1,200 SF
Lot
4.27 ac (186,054 SF)
APN
55202.3402
UPID
US90-2752451
Jurisdiction
SPOKANE
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
2016
Heating
BASEBOARD
Cooling
Yes
Stories
1
Buildings
9
Rooms
14
Bathrooms
6
Lot
4.27 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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