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Property profile & analytics
OFF-MARKET
Apartment buildings
2550 Duportail St Richland, WA 99352-4069
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1282492
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1996
Construction
CONCRETE
Total area
2,664 SF
Lot
6.02 ac (262,231 SF)
APN
116981000002000
UPID
US90-1282492
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
-
7 Cities Computer Repair Computer & Electronic Repair
-
JMA Photography Photography Service (Bike/Boat/Book/etc) Store
-
Riverpointe Apartment Complex
-
Public Fishing access and parking Park
-
Nelson Nuclear Corporation Engineer
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
State Of Washington · 2 yrs held
State Of Washington
since 2023
Last sale
$103.3M
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 Richland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richland 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
Property tax & assessments
Assessed value
$16,973,860
Assessed 2023
Previous assessed
$11,825,070
+43.5% YoY
Assessed land
$1,898,040
Assessed improvement
$15,075,820
Land market value
$1,898,040
Improvement market value
$15,075,820
Total market value
$16,973,860
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1996
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Total area
2,664 SF
Lot
6.02 ac (262,231 SF)
APN
116981000002000
UPID
US90-1282492
Jurisdiction
BENTON
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
1996
Construction
CONCRETE
Heating
YES
Cooling
Yes
Lot
6.02 ac
Current owner
From public records · entity-resolved
State Of Washington
Individual
Mailing address
PO BOX 47338, OLYMPIA, WA 98504-7338
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2023
—
State Of Washington
City Of Richland
Quit Claim Deed
related
—
Sep 1, 2022
$103,307,022
Riverpointe Icg LLC
Breit Sp Mf Richland LLC
Bargain And Sale Deed
$31,573,000 · Berkadia Commercial Mortgage LLC
Feb 7, 2020
—
City Of Richland
Breit Sp Mf Richland LLC
Grant Deed
—
May 2, 2019
—
Breit Sp Mf Richland LLC
—
Grant Deed
related
$23,254,000 · Cbre Cap Markets
Apr 30, 2019
$589,341
Breit Sp Mf Richland LLC
Sp/llu Riverpointe LLC
Grant Deed
—
Oct 5, 2017
—
City Of Richland
Sp/llu Riverpointe LLC
Grant Deed
$17,298,100 · Greystone Fndg
Oct 26, 2016
$25,837,689
Sp/llu Riverpointe LLC
Riverpointe Apartments LLC
Special Warranty Deed
—
May 30, 2013
—
Riverpointe Apartments LLC
—
Deed Of Trust
related
$17,298,100 · Greystone Funding Corp
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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