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Property profile & analytics
OFF-MARKET
Apartment buildings
2500 14th NE St 152, Faribault, MN 55021-2515
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US46-1317061
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2019
Total area
860 SF
Lot
2.57 ac (111,949 SF)
APN
18.20.4.27.001
UPID
US46-1317061
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
-
Milestone Senior Living Faribault Nursing Home Retirement Community
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
Abilit Holdings Faribault Ll · 8 yrs held
Abilit Holdings Faribault Ll
since 2017
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 Faribault submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Faribault 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
$70,926
Tax year 2024
Assessed value
$5,031,700
Assessed 2024
Previous assessed
$5,031,700
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$572,000
Assessed improvement
$4,459,700
Land market value
$572,000
Improvement market value
$4,459,700
Total market value
$5,031,700
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2019
Heating
NONE
Stories
1
Total area
860 SF
Lot
2.57 ac (111,949 SF)
APN
18.20.4.27.001
UPID
US46-1317061
Jurisdiction
RICE
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
2019
Heating
NONE
Stories
1
Lot
2.57 ac
Current owner
From public records · entity-resolved
Abilit Holdings Faribault Ll
Entity
Mailing address
18411 CALLE LA SERRA, RANCHO SANTA FE, CA 92091-0138
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2020
—
Abilit Holdings LLC
—
Deed
related
$54,839,961 · Northern Tr
Nov 7, 2017
$7,298,697
Abilit Holdings Faribault Ll
Milestone Senior Living LLC
Grant Deed
related
$41,000,000 · Northern Tr
Nov 15, 2016
—
Milestone Senior Living LLC
—
Deed
related
—
Feb 11, 2009
$500
Milestone Senior Living LLC
Our House LLC
Quit Claim Deed
related
—
Jun 26, 2008
—
Our House LLC
—
Trustees Deed
related
$500,000 · First Business Bank
Aug 22, 2007
—
Our House LLC
—
Trustees Deed
related
$4,400,000 · First Business Bank
—
—
Milestone Senior Living LLC
—
Loan Modification
related
—
—
—
Abilit Holdings LLC
—
Loan Modification
related
$54,839,961 · Northern Tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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