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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Assisted living facilities
20909 Olympic NE Pl Arlington, WA 98223-4669
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1134384
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2004
Construction
WOOD
Total area
97,513 SF
Lot
4.62 ac (201,247 SF)
Zoning code
A8
APN
893800000200
UPID
US90-1134384
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
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$1.47M
Owner & transaction history
Lt Olympic Place LLC · 1 yrs held
Lt Olympic Place LLC
since 2024
7 recorded transactions
Zoning & alternative use
A8 · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$1,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$15 / 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
$112,501
Tax year 2023
Assessed value
$14,581,900
Assessed 2023
Previous assessed
$14,581,900
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$1,141,200
Assessed improvement
$13,440,700
Land market value
$1,141,200
Improvement market value
$13,440,700
Total market value
$14,581,900
Applied tax rate
110.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
3
Total area
97,513 SF
Lot
4.62 ac (201,247 SF)
Zoning code
A8
APN
893800000200
UPID
US90-1134384
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
A8 · Arlington, WA
Zoning A8 · permitted uses
A8 · Arlington, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Lot
4.62 ac
Current owner
From public records · entity-resolved
Lt Olympic Place LLC
Entity
Mailing address
201 FRY ST SE STE #400, SALEM, OR 97301-3775
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2024
—
Lt Olympic Place LLC
Mwsh Arlington LLC
Warranty Deed
$156,500,000 · Bmo Bank NA
Oct 23, 2008
$8,146
Mwsh Arlington LLC
Wold Charles Living Trust
Grant Deed
—
Apr 7, 2004
$308,692
Gary Kaufman
Mwsh Arlington LLC
Grant Deed
—
Mar 3, 2004
$546,777
Wold,tr
Mwsh Arlington LLC
Grant Deed
$146,776 · Mwsh Arlington LLC
Mar 3, 2004
$446,833
Rogers Retreat Family LP
Mwsh Arlington LLC
Grant Deed
$146,776 · Mwsh Arlington LLC
Jul 15, 2003
$619,101
Mwsh Arlington LLC
Jensens Kent Prairie Farm LLC
Grant Deed
—
Jun 9, 2000
$63,000
Brent Rasmussen
Jensens Kent Prairie Farm LLC
Grant Deed
$27,431 · Associates Financial Svcs Wa
—
—
Mwsh Arlington LLC
—
Deed Of Trust
related
$3,175,000 · Washington Trust Bank
—
—
Mwsh Arlington LLC
—
Deed Of Trust
related
$8,915,000 · Washington Trust Bank
—
—
Jason S Bell
—
Deed Of Trust
related
$45,000 · Countrywide Home Loans INC
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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