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Property profile & analytics
OFF-MARKET
Assisted living facilities
2247 Kelly Ave Gresham, OR 97080-5386
Individually Owned
2-yr Hold
Property ID
US71-0234396
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1976
Total area
1,893 SF
Lot
0.2 ac (8,750 SF)
Zoning code
LDR
APN
1S3E15CA 05900
UPID
US71-0234396
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Richard Tucker Brennen · 2 yrs held
Richard Tucker Brennen
since 2023
Last sale
$455,000
7 recorded transactions
Zoning & alternative use
LDR · Gresham, 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 Gresham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gresham 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,835
Tax year 2023
Assessed value
$256,800
Assessed 2023
Previous assessed
$249,330
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$209,250
Improvement market value
$227,720
Total market value
$436,970
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1976
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
1,893 SF
Lot
0.2 ac (8,750 SF)
Zoning code
LDR
APN
1S3E15CA 05900
UPID
US71-0234396
Jurisdiction
MULTNOMAH
Zoning & alternative use
LDR · Gresham, OR
Zoning LDR · permitted uses
LDR · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gresham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.2 ac
Current owner
From public records · entity-resolved
Richard Tucker Brennen
Individual
Mailing address
2247 SE KELLY AVE, GRESHAM, OR 97080-5386
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2023
$455,000
Richard Tucker Brennen
April J Sedillo
Warranty Deed
$390,000 · Mortgage Express LLC
Nov 28, 2016
—
Benny Sedillo
Barry Sedillo
Intrafamily Transfer
related
$186,500 · Unitus Community Cu
Aug 31, 2010
$198,000
Benny Sedillo
Gary A Bullard
Warranty Deed
$195,369 · Dba Big River Mortgage
Dec 11, 1997
$145,700
Gary A Bullard
Budworth,marjorie E
Grant Deed
$150,071 · Accubanc Mortgage Corp
—
—
Benny Sedillo
—
Deed Of Trust
related
$249,000 · American Financing
—
—
April J Sedillo
—
Deed Of Trust
related
$266,400 · American Financing
—
—
Gary A Bullard
—
Deed Of Trust
related
$146,475 · National City Mortgage Co
—
—
Marjorie E Budworth
—
Deed Of Trust
related
$63,385 · Nichols INC
—
—
Marjorie E Budworth
—
Deed Of Trust
related
$50,841 · Troy & Nichols INC
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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