New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,655,000
Garden apartment buildings
2000 Broadstone Way, Apex, NC 27502
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2814443
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2013
Total area
29,952 SF
Lot
18.77 ac (817,621 SF)
Zoning code
PUD-CZ
APN
0741.04-64-0123 0406677
UPID
US53-2814443
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
$4.72M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.66M
Owner & transaction history
Broadstone Apex Nc LP · 2 yrs held
Broadstone Apex Nc LP
since 2024
7 recorded transactions
Zoning & alternative use
PUD-CZ · Apex, NC
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 Apex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apex 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,110,000
6.5%
$4,715,000
7%
$4,380,000
Blend value · Realmo final
$4.66M
Range $4.19M – $5.12M · ±10%
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
$155 / 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
$497,626
Tax year 2023
Assessed value
$44,815,516
Assessed 2023
Previous assessed
$44,815,516
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$6,375,000
Assessed improvement
$38,440,516
Land market value
$6,375,000
Improvement market value
$38,440,516
Total market value
$44,815,516
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
2013
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
24
Total area
29,952 SF
Lot
18.77 ac (817,621 SF)
Zoning code
PUD-CZ
APN
0741.04-64-0123 0406677
UPID
US53-2814443
Jurisdiction
WAKE
Zoning & alternative use
PUD-CZ · Apex, NC
Zoning PUD-CZ · permitted uses
PUD-CZ · Apex, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apex. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
24
Lot
18.77 ac
Current owner
From public records · entity-resolved
Broadstone Apex Nc LP
Entity
Mailing address
650 MADISON AVE FL #22, NEW YORK, NY 10022-1029
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
$66,250,000
Broadstone Apex Nc LP
Village Broadstone Station I LLC
Special Warranty Deed
—
Jun 28, 2019
—
Jhg Vbs II LLC
Village At Broadstone Statio
Grant Deed
related
—
Jun 4, 2019
—
Jhg Vbs I LLC
Village At Broadstone Station
Grant Deed
related
—
Dec 17, 2018
—
Village At Broadstone Statio
—
Deed
related
$8,000,000 · Walker & Dunlop
Mar 18, 2014
$35,550,000
Village Of Broadstone Stn I LLC
Wake-broadstone Associates LLC
Grant Deed
$21,330,000 · W&d Interim Lender II LLC
Mar 5, 2012
—
Wake-broadstone Associates LLC
Krg Peakway At 55 LLC
Quit Claim Deed
related
$25,900,000 · Wells Fargo Bank
Mar 30, 2007
—
Kite Rlty Peakway At 55 LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Village At Broadstone Statio
—
Deed Of Trust
related
$8,000,000 · Walker & Dunlop
—
—
Village Of Broadstone Stn I LLC
—
Deed Of Trust
related
$21,330,000 · Lender Private Party
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2000 Broadstone Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
