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Property profile & analytics
OFF-MARKET
Estimated value
$5,510,000
Garden apartment buildings
200 Chapel Ct Fallsington, PA 19054-2000
Entity Owned
5-yr Hold
Property ID
US73-5108081
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2020
Total area
13,659 SF
Zoning code
LR
APN
13-024-001-063
UPID
US73-5108081
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
$5.51M
Owner & transaction history
St Joseph Court LLC · 5 yrs held
St Joseph Court LLC
since 2020
Last sale
$5.9M
5 recorded transactions
Zoning & alternative use
LR · Fallsington, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.4M
+18.7%
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 Fallsington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallsington 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
$7,600,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,730,000
Current use
RESTAURANT
$4,430,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$3,370,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$5.51M
Range $4.96M – $6.06M · ±10% · vs last sale $5.90M (Dec 14 2020)
Last sale anchor
$5.90M
Dec 14 2020
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
$403 / 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
$63,248
Tax year 2024
Assessed value
$284,000
Assessed 2024
Previous assessed
$284,000
+0.0% YoY
Effective rate
22.27%
On assessed value
Assessed improvement
$284,000
Improvement market value
$3,890,394
Total market value
$3,890,394
Applied tax rate
13.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2020
Heating
CENTRAL
Cooling
YES
Stories
1
Units
1
Total area
13,659 SF
Zoning code
LR
APN
13-024-001-063
UPID
US73-5108081
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LR · Fallsington, PA
Zoning LR · permitted uses
LR · Fallsington, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallsington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.7M
RESTAURANT
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL 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
2020
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Current owner
From public records · entity-resolved
St Joseph Court LLC
Entity
Mailing address
555 OLD BETHLEHEM RD, PERKASIE, PA 18944-3825
Ownership since
2020
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
Apr 14, 2021
—
St Joseph Court LLC
—
Deed
related
$8,850,000 · Arbor Commercial Funding LLC
Jan 13, 2021
—
St Joseph Court LLC
—
Deed
related
$8,850,000 · Arbor Commercial Funding LLC
Dec 14, 2020
$5,900,000
St Joseph Court LLC
Jordan Court LLC
Grant Deed
—
Apr 10, 2019
—
Jordan Court LLC
—
Deed
related
$2,800,000 · Independent Mtg Co
—
—
Jordan Court LLC
—
Loan Modification
related
$2,800,000 · Independent Mtg Co
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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