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Property profile & analytics
OFF-MARKET
Estimated value
$13,875,000
High-rise multifamily apartments
272 King St, Pottstown, PA 19464
Entity Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0753244
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1979
Total area
227,008 SF
Lot
0.79 ac (34,475 SF)
Zoning code
TTN
APN
16-00-17312-00-6
UPID
US73-0753244
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
$18.07M
Blend (final)
Blend
$13.88M
Owner & transaction history
Lasalle National Bank · 25 yrs held
Lasalle National Bank
since 2001
6 recorded transactions
Zoning & alternative use
TTN · Pottstown, PA
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 Pottstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pottstown 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.88M
Range $12.49M – $15.26M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$61 / SF
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
$204,412
Tax year 2023
Assessed value
$3,330,610
Assessed 2024
Previous assessed
$3,330,610
+0.0% YoY
Effective rate
6.14%
On assessed value
Total market value
$3,330,610
Applied tax rate
16.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1979
Heating
ELECTRIC
Cooling
NONE
Units
156
Total area
227,008 SF
Lot
0.79 ac (34,475 SF)
Zoning code
TTN
APN
16-00-17312-00-6
UPID
US73-0753244
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
TTN · Pottstown, PA
Zoning TTN · permitted uses
TTN · Pottstown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pottstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
ELECTRIC
Cooling
Yes
Units
156
Lot
0.79 ac
Current owner
From public records · entity-resolved
Lasalle National Bank
Entity
Mailing address
PARK RUN MANAGEMENT 262ND KING ST ST MANAGEMENT #262, POTTSTOWN, PA 19464
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2001
—
Lasalle National Bank
Lasalle National Bank
Quit Claim Deed
related
—
Oct 31, 2000
$5,948
Lasalle National Bk Assn Ttee
Centre Park Group LLC
Trustees Deed
related
—
Apr 20, 1998
—
Centre Park Group
—
Deed Of Trust
related
$3,100,000 · Hampstead Financial Corp
Mar 4, 1997
—
Summit Court Group
—
Deed Of Trust
related
$2,275,000 · Empire Capital Group INC
Feb 24, 1997
$2,150,000
Centre Park Group LLC
Summit Court Associates LP
Grant Deed
—
—
—
B & P Ltd Part
—
Deed Of Trust
related
$2,850,000 · Independence Communi
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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