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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Apartment buildings
2100 Bellerive Dr Richland, WA 99352-8808
Individually Owned
17-yr Hold
Free & Clear
Property ID
US90-1288643
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2005
Construction
CONCRETE
Total area
14,545 SF
Lot
17.06 ac (743,134 SF)
APN
136981020010001
UPID
US90-1288643
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
-
Bella Vista Apartment Complex Apartment Rental Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
$1.73M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$1.54M
Owner & transaction history
Dev Bender · 17 yrs held
Dev Bender
since 2008
5 recorded transactions
Zoning & alternative use
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 Richland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richland 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
$945,000
CAP Approach
CAP Return
Estimation
6%
$1,870,000
6.5%
$1,725,000
7%
$1,600,000
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±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
$106 / 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
Property tax & assessments
Assessed value
$29,002,420
Assessed 2023
Previous assessed
$25,703,780
+12.8% YoY
Assessed land
$3,090,380
Assessed improvement
$25,912,040
Land market value
$3,090,380
Improvement market value
$25,912,040
Total market value
$29,002,420
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
2005
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
14,545 SF
Lot
17.06 ac (743,134 SF)
APN
136981020010001
UPID
US90-1288643
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
17.06 ac
Current owner
From public records · entity-resolved
Dev Bender
Individual
Free & Clear · 17 yrs held
Mailing address
PO BOX 1620, GRESHAM, OR 97030-0523
Ownership since
2008
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
Mar 23, 2018
—
Townfair Investors LLC
—
Grant Deed
related
$2,000,000 · Berkadia Com'l Mtg
Nov 15, 2016
—
Townfair Investors LLC
—
Deed
related
$25,500,000 · Berkadia Commercial Mortgage LLC
Dec 18, 2008
—
Dev Bender
Bellavista LLC
Warranty Deed
—
Jul 29, 2004
—
Bellavista LLC
Western Heritage
Warranty Deed
related
$14,880,000 · Homestreet Bank
—
—
Bellavista LLC
—
Deed Of Trust
related
$14,880,000 · Homestreet 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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