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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Apartment buildings
2001 106th S St Tacoma, WA 98444-6091
Entity Owned
21-yr Hold
Free & Clear
Property ID
US90-1630338
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1992
Construction
WOOD FRAME
Total area
8,502 SF
Lot
0.61 ac (26,531 SF)
Zoning code
MHR
APN
9560300161
UPID
US90-1630338
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
$1.05M
Owner & transaction history
Sandman Apartments LLC · 21 yrs held
Sandman Apartments LLC
since 2004
7 recorded transactions
Zoning & alternative use
MHR · Tacoma, WA
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 Tacoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tacoma 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
$124 / 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
$17,280
Tax year 2024
Assessed value
$1,471,600
Assessed 2024
Previous assessed
$1,471,600
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$346,800
Assessed improvement
$1,124,800
Land market value
$346,800
Improvement market value
$1,124,800
Total market value
$1,471,600
Applied tax rate
450.0000
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
1992
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
12
Total area
8,502 SF
Lot
0.61 ac (26,531 SF)
Zoning code
MHR
APN
9560300161
UPID
US90-1630338
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MHR · Tacoma, WAZoning MHR · permitted uses
MHR · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinance Table
Building & site characteristics
From public records
Year built
1992
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
12
Lot
0.61 ac
Current owner
From public records · entity-resolved
Sandman Apartments LLC
Entity
Free & Clear · 21 yrs held
Mailing address
2514 92ND ST S, LAKEWOOD, WA 98499-9377
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2016
—
Sandman Apartments LLC
—
Deed
related
$1,000,000 · Columbia St Bk
Jul 20, 2016
—
Sandman Apartments LLC
—
Deed
related
—
Dec 28, 2011
—
Sandman Apartments LLC
—
Deed Of Trust
related
$1,500,000 · Columbia St Bk-portland Cbc 1
Dec 29, 2004
—
Sandman Apartments LLC
Hokold,oscar T & Olivann
Quit Claim Deed
related
—
Jun 27, 1991
$30,000
Oscar Hokold
Unknown
Grant Deed
—
—
—
Sandman Apartments LLC
—
Deed Of Trust
related
$969,719 · Columbia State Bank
—
—
Sandman Apartments LLC
—
Deed Of Trust
related
$995,000 · Columbia St Bk
—
—
Sandman Apartments LLC
—
Loan Modification
related
$1,000,000 · Columbia St Bk
—
—
Sandman Apartments LLC
—
Loan Modification
related
—
—
—
Oscar T Hokold
—
Deed Of Trust
related
$260,542 · Wells Fargo Bank
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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