New search
Property profile & analytics
OFF-MARKET
Residential income homes
218 Annapolis W St, West Saint Paul, MN 55118-1230
Entity Owned
2-yr Hold
Property ID
US46-0373895
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1925
Construction
WOOD
Total area
3,744 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R
APN
42-38000-26-020
UPID
US46-0373895
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Art Investment Group LLC · 2 yrs held
Art Investment Group LLC
since 2024
Last sale
$365,000
7 recorded transactions
Zoning & alternative use
R · West Saint Paul, MN
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 West Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Saint Paul 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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,946
Tax year 2024
Assessed value
$527,400
Assessed 2023
Previous assessed
$453,600
+16.3% YoY
Effective rate
1.51%
On assessed value
Assessed land
$49,000
Assessed improvement
$478,400
Land market value
$49,000
Improvement market value
$478,400
Total market value
$527,400
Applied tax rate
42.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1925
Construction
WOOD
Heating
NONE
Units
4
Bathrooms
5
Total area
3,744 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R
APN
42-38000-26-020
UPID
US46-0373895
Jurisdiction
DAKOTA
Zoning & alternative use
R · West Saint Paul, MN
Zoning R · permitted uses
R · West Saint Paul, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
WOOD
Heating
NONE
Units
4
Bathrooms
5
Lot
0.22 ac
Current owner
From public records · entity-resolved
Art Investment Group LLC
Entity
Mailing address
7204 W 27TH ST STE #224, ST LOUIS PARK, MN 55426-3113
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2024
$365,000
Art Investment Group LLC
Livli Holdings LLC
Warranty Deed
$300,000 · Premier Bank
Sep 7, 2018
—
708 12th Avenue Property LLC
—
Trustees Deed
related
$272,000 · First American Bk NA
May 11, 2018
$227,500
708 12th Avenue Property LLC
1234 Properties LLC
Quit Claim Deed
related
—
Sep 17, 2014
$235,000
1234 Properties LLC
Cma Investment LLC
Grant Deed
—
Sep 26, 2011
—
Cma Investment LLC
Carl A Costanzo
Quit Claim Deed
related
$85,000 · Hard Money LLC
Sep 9, 2011
—
Carl A Costanzo
Deputy Sheriff Of Dakota Cnty
Grant Deed
related
—
Aug 29, 2011
$90,345
Rand Mtg Co 401 K Psp & Trust
Sheriff Of Dakota County
Grant Deed
related
—
Mar 11, 2011
$90,345
Rand Mtg Co 401 K Psp & Trust
Deputy Sheriff Of Dakota Cnty
Trustees Deed
related
—
Jun 30, 2009
$265,000
Carl A Costanzo
Panian,paul P & Francine A
Warranty Deed
$72,500 · Rand Mtg Co 401(k) Psp & Tru
Dec 30, 2004
—
Paul P Panian
—
Trustees Deed
related
$100,000 · First Federal Capital Bank
Sep 27, 2004
$250,000
Paul Panian
Fooshe,peter E JR
Grant Deed
—
Sep 27, 2004
$110,000
Peter E Fooshe JR.
Brackey,robert L & Janet M
Warranty Deed
—
Sep 27, 2004
$500
Paul P Panian
Fooshe,peter E III
Warranty Deed
related
$100,000 · American Mortgage Network INC
—
—
1234 Properties LLC
—
Deed Of Trust
related
$225,000 · Bank Of The West
—
—
1234 Properties LLC
—
Deed Of Trust
related
$188,000 · Us Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 218 Annapolis W St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
