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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Garden apartment buildings
222 Chatham St, Williamsport, PA 17701-5300
Entity Owned
Free & Clear
Property ID
US73-3767279
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2004
Total area
6,596 SF
Lot
0.28 ac (12,197 SF)
Zoning code
COMM
APN
69+,006.0-0514.00-000+
UPID
US73-3767279
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
$770k
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$730k
Owner & transaction history
Williamsport Pa Apartments LLC
Williamsport Pa Apartments LLC
since 2025
Last sale
$725,000
6 recorded transactions
Zoning & alternative use
COMM · Williamsport, PA
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 Williamsport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamsport 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%
$830,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$885,000
Current use
COMMERCIAL (GENERAL)
$835,000
Change: -5% · Conversion: Moderate
OFFICE BUILDING
$730,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $725k (Jul 8 2025)
Last sale anchor
$725k
Jul 8 2025
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
$111 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$15,569
Tax year 2024
Assessed value
$384,790
Assessed 2024
Previous assessed
$384,790
+0.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$60,990
Assessed improvement
$323,800
Land market value
$60,990
Improvement market value
$323,800
Total market value
$384,790
Applied tax rate
69.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2004
Heating
NONE
Total area
6,596 SF
Lot
0.28 ac (12,197 SF)
Zoning code
COMM
APN
69+,006.0-0514.00-000+
UPID
US73-3767279
Jurisdiction
LYCOMING
Zoning & alternative use
COMM · Williamsport, PA
Zoning COMM · permitted uses
COMM · Williamsport, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamsport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$885,000
COMMERCIAL (GENERAL)
Est. value
$835,000
OFFICE BUILDING
Est. value
$730,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
0.28 ac
Current owner
From public records · entity-resolved
Williamsport Pa Apartments LLC
Entity
Free & Clear · 0 yrs held
Mailing address
228 MYRTLE AVE, RAMSEY, NJ 07446-1041
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2025
$725,000
Williamsport Pa Apartments LLC
222 Chatham LLC
Deed
—
Jun 12, 2025
—
222 Chatham LLC
—
Deed
related
$495,165 · Woodlands Bank
Dec 20, 2022
—
222 Chatham LLC
—
Deed
related
$250,000 · Woodlands Bank
Jul 29, 2016
$415,000
222 Chatham LLC
Dr Well Site Rentals LLC
Special Warranty Deed
$475,000 · The Muncy Bank & Trust Company
Dec 21, 2010
$84,900
Dr Well Site Rentals LLC
Steven R Pickelner
Intrafamily Transfer
related
$350,000 · The Muncy Bank & Trust Co
Dec 20, 2010
$550,000
Dr Well Site Rentals LLC
Jay Two Associates INC
Deed
—
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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