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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Apartment buildings
2150 Hl St Bend, OR 97703-1373
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US71-0658505
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Total area
5,760 SF
Lot
0.36 ac (15,682 SF)
Zoning code
GI
APN
171229 DA 03105
UPID
US71-0658505
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
$779k
Blend (final)
Blend
$780k
Owner & transaction history
Jon-michael Gaffney · 8 yrs held
Jon-michael Gaffney
since 2018
6 recorded transactions
Zoning & alternative use
GI · Bend, OR
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 Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bend 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
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$135 / 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
$8,013
Tax year 2023
Assessed value
$501,220
Assessed 2023
Previous assessed
$472,460
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$590,050
Improvement market value
$1,411,560
Total market value
$2,001,610
Applied tax rate
1,001.0000
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
1978
Heating
NONE
Total area
5,760 SF
Lot
0.36 ac (15,682 SF)
Zoning code
GI
APN
171229 DA 03105
UPID
US71-0658505
Jurisdiction
DESCHUTES
Zoning & alternative use
GI · Bend, OR
Zoning GI · permitted uses
GI · Bend, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Lot
0.36 ac
Current owner
From public records · entity-resolved
Jon-michael Gaffney
Individual
Mailing address
1808 SE ANKENY ST, PORTLAND, OR 97214-1522
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2018
$1,550,000
Jon-michael Gaffney
Doherty Group LLC
Warranty Deed
—
Nov 13, 2017
—
The Doherty Group LLC
The Doherty Group LLC
Intrafamily Transfer
related
$260,000 · First Republic Bank
May 24, 2016
—
The Doherty Group LLC
—
Deed
related
$180,000 · First Republic Bank
Aug 31, 2015
$535,000
The Doherty Group LLC
Christian E Sporck
Warranty Deed
$347,750 · First Republic Bank
Nov 27, 2012
$225,000
Christian E Sporck
Sporck Valerie M K Trust
Warranty Deed
related
—
Aug 25, 2009
—
Sporck Valerie M K Trust
Sporck,valerie M K
Quit Claim 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.
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