Entity Owned Property summary
This Des Moines, WA multifamily investment presents a compelling opportunity. The 11-unit, two-story apartment building, built in 1968 and renovated in 2001, boasts 7,300 square feet of net rentable space situated on a 16,810 square foot lot. The property features a mix of unit sizes: four classic and four renovated one-bedroom/one-bathroom units (620 sq ft each), and three two-bedroom/one-bathroom units (780 sq ft each). Renovated units include LVP flooring, formica countertops, stainless… steel appliances, and updated bathroom vanities. The building offers 13 parking spaces and is zoned PR-C. Currently achieving a 5.84% cap rate with a NOI of $116,498, pro-forma projections indicate a 6.67% cap rate and a NOI of $133,026, showcasing significant upside potential. The asking price is $1,995,000 ($181,364 per unit and $273.29 per square foot). An existing loan with an approximate balance of $1,170,000 at a 5% interest rate (fixed until January 2031) is assumable. This value-add opportunity is located at 22805 30th Ave S, Des Moines, WA 98198.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Seattle market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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