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Property profile & analytics
OFF-MARKET
Apartment buildings
221 Washington St Butler, PA 16001-5262
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0059880
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1907
Total area
4,032 SF
Lot
0.14 ac (6,098 SF)
APN
565 9 980000
UPID
US73-0059880
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
-
Celtic Blaze Jewels (Bike/Boat/Book/etc) Store
-
Celtic Hills Fine Jewelry (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
Truism Group 221 LLC · 1 yrs held
Truism Group 221 LLC
since 2025
Last sale
$315,000
7 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 Butler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Butler 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
$5,669
Tax year 2024
Assessed value
$31,740
Assessed 2024
Previous assessed
$31,740
+0.0% YoY
Effective rate
17.86%
On assessed value
Assessed land
$7,500
Assessed improvement
$24,240
Improvement market value
$31,740
Total market value
$31,740
Applied tax rate
565.0000
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
1907
Heating
FORCED AIR
Cooling
CENTRAL
Rooms
18
Bathrooms
14
Total area
4,032 SF
Lot
0.14 ac (6,098 SF)
APN
565 9 980000
UPID
US73-0059880
Jurisdiction
BUTLER
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
1907
Heating
FORCED AIR
Cooling
Yes
Rooms
18
Bathrooms
14
Lot
0.14 ac
Current owner
From public records · entity-resolved
Truism Group 221 LLC
Entity
Mailing address
221 N WASHINGTON ST APT #14, BUTLER, PA 16001-5233
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
$700,000
Truism Group 221 LLC
Lucky Nomad LLC
Special Warranty Deed
$560,000 · 1st Summit Bank
Dec 28, 2023
$315,000
Lucky Nomad LLC
Applewood Springs LP
Special Warranty Deed
—
Jul 22, 2019
—
Applewood Springs LP
—
Deed
related
$75,000 · Armco Cu
Feb 13, 2019
—
Applewood Springs LP
—
Deed
related
$564,273 · Armco Cu
Sep 15, 2004
—
Applewood Springs
Owner Name Unavailable
Grant Deed
related
—
—
—
Applewood Springs LP
—
Deed Of Trust
related
$564,273 · Armco Cu
—
—
Applewood Springs LP
—
Deed Of Trust
related
$75,000 · Armco Cu
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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