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Property profile & analytics
OFF-MARKET
Assisted living facilities
2450 9th Pl Hillsboro, OR 97124-3820
Individually Owned
12-yr Hold
Property ID
US71-0037720
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1992
Construction
WOOD FRAME
Total area
1,948 SF
Lot
0.17 ac (7,405 SF)
Zoning code
SFR-7
APN
1N230AD-01200
UPID
US71-0037720
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
Kevin G Myers · 12 yrs held
Kevin G Myers
since 2014
7 recorded transactions
Zoning & alternative use
SFR-7 · Hillsboro, 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 Hillsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsboro 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
$4,330
Tax year 2023
Assessed value
$257,010
Assessed 2023
Previous assessed
$249,530
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$230,490
Improvement market value
$331,250
Total market value
$561,740
Applied tax rate
7.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1992
Construction
WOOD FRAME
Heating
YES
Cooling
WALL UNIT
Bathrooms
2
Total area
1,948 SF
Lot
0.17 ac (7,405 SF)
Zoning code
SFR-7
APN
1N230AD-01200
UPID
US71-0037720
Jurisdiction
WASHINGTON
Zoning & alternative use
SFR-7 · Hillsboro, OR
Zoning SFR-7 · permitted uses
SFR-7 · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillsboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Kevin G Myers
Individual
Mailing address
2450 NE 9TH PL, HILLSBORO, OR 97124-3820
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2025
—
Kevin G Myers
—
Deed
related
$92,000 · First Technology Federal Cu
Apr 23, 2021
—
Kevin G Myers
—
Deed
related
$230,000 · First Technology Federal Cu
Feb 7, 2017
—
Kevin G Myers
—
Deed
related
$178,000 · Homestreet Bank
Jan 13, 2014
$225,000
Kevin G Myers
James Friday
Warranty Deed
$180,000 · Homestreet Bank
Aug 30, 2011
—
Bank Of America
Federal Hm Ln Mtg Corp
Quit Claim Deed
related
—
Aug 12, 2011
$165,000
James Friday
Bank Of America NA
Special Warranty Deed
$115,000 · First Technology Federal Cu
Aug 1, 2011
$208,844
Federal Hm Ln Mtg Corp
Recontrust Co
Trustees Deed
related
—
May 18, 2011
—
Bank Of America
Federal Hm Ln Mtg Corp
Quit Claim Deed
—
Apr 25, 2005
$209,900
Hector E Reyes
Federal National Mortgage Assn
Grant Deed
$167,900 · Equity Home Mortgage LLC
Mar 4, 2005
$222,389
Federal National Mortgage Assn
Transnation Title
Trustees Deed
related
—
Apr 17, 2003
$265,000
Pamela J Shaaban
Moldovan,dan
Grant Deed
$256,900 · Sierra Pacific Mortgage
Jan 8, 2001
$212,500
Dan Moldovan
Berghiano,avram & Semida
Grant Deed
$191,250 · Option One Mortgage Corp
Oct 21, 1991
$86,000
Avram Berghiano
Vandehey Dev Co
Grant Deed
$86,154 · Continental Savings Bank
—
—
Hector E Reyes
—
Deed Of Trust
related
$224,000 · Security National Mortgage Co
—
—
Dan Moldovan
—
Deed Of Trust
related
$30,000 · Eckert Trust
—
—
Hector E Reyes
—
Deed Of Trust
related
$33,000 · Us Bank NA Nd
—
—
Avram Berghiano
—
Deed Of Trust
related
$105,000 · Norwest Mortgage 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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