New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,750,000
Apartment buildings
20225 Bothell Everett Hwy Bothell, WA 98012-8170
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0667782
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1999
Construction
WOOD
Total area
575,014 SF
Lot
43.22 ac (1,882,663 SF)
Zoning code
SK
APN
27052000203200
UPID
US90-0667782
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
Current use
Occupant on record · Public records
-
ATB Furnished Housing Inc Apartment Building
-
North Griffis Apartments Apartment Building
-
Webleonz Technologies Marketing & Advertising
-
AQ Genius LLC Landscaping General Contractor
-
Building 14, Griffis North Creek Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.75M
Owner & transaction history
20225 Bothell LLC · 9 yrs held
20225 Bothell LLC
since 2016
5 recorded transactions
Zoning & alternative use
SK · Bothell, WA
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 Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell 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
$7 / 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
$1,113,605
Tax year 2023
Assessed value
$144,598,500
Assessed 2023
Previous assessed
$142,199,900
+1.7% YoY
Effective rate
0.77%
On assessed value
Assessed land
$33,686,800
Assessed improvement
$110,911,700
Land market value
$33,686,800
Improvement market value
$110,911,700
Total market value
$144,598,500
Applied tax rate
4,129.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
3
Bathrooms
716
Total area
575,014 SF
Lot
43.22 ac (1,882,663 SF)
Zoning code
SK
APN
27052000203200
UPID
US90-0667782
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SK · Bothell, WA
Zoning SK · permitted uses
SK · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bothell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Bathrooms
716
Lot
43.22 ac
Current owner
From public records · entity-resolved
20225 Bothell LLC
Entity
Mailing address
6400 S FIDDLERS GRN CIR STE #1200, GREENWOOD VILLAGE, CO 80111-4913
Ownership since
2016
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
Oct 12, 2016
—
20225 Bothell LLC
Northcreek Apartments II LLC
Grant Deed
$92,833,000 · Northmarq Cap Fin
Feb 27, 2013
$88,000,000
Northcreek Apartments II LLC
Archstone Northcreek LLC
Grant Deed
—
Dec 10, 2010
—
Archstone Northcreek LLC
—
Deed Of Trust
related
$62,603,000 · Federal Home Loan Mortgage Cor
Oct 16, 2007
—
Tishman Speyer Archstone-smith
Archstone-smith Operating Trus
Quit Claim Deed
related
$62,603 · Lehman Brothers Bank Fsb
Mar 12, 1999
—
Washington State
Archstone Communities Trust
Grant Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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