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Property profile & analytics
OFF-MARKET
Estimated value
$31,475,000
Apartment buildings
2065 44th Ave Hillsboro, OR 97123-8064
Trust Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0348580
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1990
Total area
122,144 SF
Lot
12.58 ac (547,985 SF)
Zoning code
SFR-7
APN
1S209BA-00100
UPID
US71-0348580
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
$31.47M
Blend (final)
Blend
$31.48M
Owner & transaction history
Hauser Family Living Trust · 11 yrs held
Hauser Family Living Trust
since 2014
7 recorded transactions
Zoning & alternative use
SFR-7 · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$38.9M
+43.0%
Restaurant
$37.0M
+35.8%
Commercial (general)
$31.2M
+14.6%
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 Hillsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsboro 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$27,230,000
Current use
MEDICAL BUILDING
$38,945,000
Change: +43% · Conversion: Moderate
RESTAURANT
$36,975,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$31,210,000
Change: +15% · Conversion: Moderate
RETAIL STORES
$29,160,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$21,830,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$31.48M
Range $28.33M – $34.62M · ±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
$258 / 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
$192,010
Tax year 2023
Assessed value
$11,396,900
Assessed 2023
Previous assessed
$11,064,960
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$3,196,000
Improvement market value
$31,634,210
Total market value
$34,830,210
Applied tax rate
29.0000
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
1990
Heating
NONE
Total area
122,144 SF
Lot
12.58 ac (547,985 SF)
Zoning code
SFR-7
APN
1S209BA-00100
UPID
US71-0348580
Jurisdiction
WASHINGTON
Zoning & alternative use
SFR-7 · Hillsboro, ORZoning SFR-7 · permitted uses
SFR-7 · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$27.2M
MEDICAL BUILDING
Est. value
$38.9M
RESTAURANT
Est. value
$37.0M
COMMERCIAL (GENERAL)
Est. value
$31.2M
RETAIL STORES
Est. value
$29.2M
WAREHOUSE, STORAGE
Est. value
$21.8M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1990
Heating
NONE
Lot
12.58 ac
Current owner
From public records · entity-resolved
Hauser Family Living Trust
Trust
Free & Clear · 11 yrs held
Mailing address
1303 SW 16TH AVE, PORTLAND, OR 97201-2515
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2016
—
John Family Trust
—
Deed
related
$11,000,000 · Miscellaneous Ins Co
Sep 25, 2014
$4,875,000
Hauser Family Living Trust
Gallic,gordon
Grant Deed
—
Sep 28, 2007
$760,029
C Leroy Doty
Caudaloso LLC
Warranty Deed
—
Feb 5, 2007
—
Hauser Family Living Trust
Hauser,maurice & Barbara
Quit Claim Deed
related
$6,000,000 · Nationwide Life Insurance Co
Jul 21, 1999
—
Caudaloso LLC
Gardiner,mark
Grant Deed
related
—
Oct 17, 1995
—
Aac Funding Partnership II
—
Deed Of Trust
related
$113,905,000 · Teachers Insurance & Annuity
Oct 25, 1989
$340,000
Schnitzer Investment Corp
Unknown
Grant Deed
—
—
—
John Family Trust
—
Deed Of Trust
related
$11,000,000 · Miscellaneous Ins 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.
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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