Technical
Financial
Distress signals
Property profile

21989 Chinook Way Fairview, OR 97024

OFF-MARKET
Apartment buildings
Property ID
US71-0074770
34,880 SF 1.11 ac lot Built 2000
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2000
Total area 34,880 SF
Lot 1.11 ac (48,177 SF)
Zoning code VA
APN 1N3E33AA 05201
UPID US71-0074770

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

21989 Chinook Way Fairview, OR 97024-8617
Fairview metro Census 10102 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.69M
Blend (final) Blend
$7.69M

Owner & transaction history

since 2016
6 recorded transactions
2016
$2.3M
2016
$19.9M
2005
$10.1M
2001
$685,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

VA · Fairview, OR
Zoning description

19.145 Special Development Standards - VSF, VTH and VA Zones 19.150 Special Development Standards - VO, VC and VMU Zones 19.155 Village Trail System Plan Article III. Design Standards 19.160 Design Standards Administrati…

General category RESIDENTIAL
Top alternative use upside
Restaurant $12.5M +35.9%
Medical building $10.5M +14.8%
Auto repair, garage $10.3M +12.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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