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Property profile & analytics
OFF-MARKET
Garden apartment buildings
251-253 Smithville Rd Dayton, OH 45403
Entity Owned
Free & Clear
Property ID
US66-6118744
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
4,920 SF
Lot
0.25 ac (10,890 SF)
APN
R72 04811 0149
UPID
US66-6118744
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
Frontier Investments LLC
Frontier Investments LLC
since 2026
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 Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton 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
$7,439
Tax year 2023
Assessed value
$73,370
Assessed 2023
Previous assessed
$73,370
+0.0% YoY
Effective rate
10.14%
On assessed value
Assessed land
$18,270
Assessed improvement
$55,100
Land market value
$52,200
Improvement market value
$157,440
Total market value
$209,640
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
1964
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Units
8
Bathrooms
2
Total area
4,920 SF
Lot
0.25 ac (10,890 SF)
APN
R72 04811 0149
UPID
US66-6118744
Jurisdiction
MONTGOMERY
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
1964
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
8
Bathrooms
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Frontier Investments LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2599 S WEBER RPDS PL, MERIDIAN, ID 83642-7466
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2026
—
Frontier Investments LLC
Rise Real Estate LLC
Warranty Deed
—
Jun 10, 2021
$295,000
Rise Real Estate LLC
Salvatore Dibenedetto
Warranty Deed
$221,250 · The Citizens National Bank Of Bluff
Dec 11, 2019
$225,900
Salvatore Dibenedetto
Canadian Alliance Holdings LLC
Warranty Deed
—
Mar 14, 2014
—
Canadian Alliance Holdings LLC
Sharer,shlomo & Dalit
Quit Claim Deed
related
—
Dec 13, 2012
$145,000
Shlomo Sharer
Maxcap Investment Holdings LLC
Warranty Deed
—
Aug 16, 2012
$44,000
Maxcap Investment Holdings LLC
Bayview Ln Svcg LLC
Grant Deed
related
—
Oct 21, 2011
$118,590
Bayview Ln Svcg LLC
Sheriff Of Montgomery County
Trustees Deed
related
—
May 1, 2006
$265,000
Anel Ware
Jeffery G Sergent
Warranty Deed
$198,750 · Silver Hill Financial LLC
Nov 20, 2002
$195,000
Jeffery G Sergent
N & N Investments Ltd
Grant Deed
$156,000 · Unizan Bank NA
May 20, 2002
$195,000
N & N Investments Ltd
Tartell,eugene L & Jackie M
Grant Deed
$156,000 · Unizan Bank NA
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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