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Property profile & analytics
OFF-MARKET
Estimated value
$19,440,000
Apartment buildings
2720 Hoyt Ave Everett, WA 98201-2903
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US90-0351791
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2011
Construction
TYPE NOT SPECIFIED
Total area
162,527 SF
Lot
1.37 ac (59,677 SF)
Zoning code
F6
APN
439162300700
UPID
US90-0351791
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
-
Michael's Hearing Center Hearing Aid Store Audiologist
-
HomeStreet Bank Bank Loan Service
-
USA Mortgage Loan Service Bank
-
Library Place Apartment Complex Apartment Building
-
Hoskins Morriss Law Group Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.44M
Owner & transaction history
Arthur W Skotdal · 18 yrs held
Arthur W Skotdal
since 2007
5 recorded transactions
Zoning & alternative use
F6 · Everett, WA
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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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
$120 / 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
$23,748
Tax year 2023
Assessed value
$2,892,000
Assessed 2023
Previous assessed
$2,582,000
+12.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$2,203,700
Assessed improvement
$688,300
Land market value
$2,203,700
Improvement market value
$688,300
Total market value
$2,892,000
Applied tax rate
10.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
2011
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
5
Total area
162,527 SF
Lot
1.37 ac (59,677 SF)
Zoning code
F6
APN
439162300700
UPID
US90-0351791
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
F6 · Everett, WA
Zoning F6 · permitted uses
F6 · Everett, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
5
Buildings
4
Lot
1.37 ac
Current owner
From public records · entity-resolved
Arthur W Skotdal
Individual
Mailing address
PO BOX 5267, EVERETT, WA 98206-5267
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2007
—
Arthur W Skotdal
Puget Sound Exchange Facilitat
Quit Claim Deed
related
—
Oct 3, 2007
—
Skotdal Brothers LLC
Puget Sound Exchange Facilitat
Quit Claim Deed
related
—
Sep 6, 2007
$2,521,000
Arthur W Skotdal
Everett Lodge Number 479 Benev
Warranty Deed
—
—
—
Puget Sound Exchange Facilitat
—
Deed Of Trust
related
$1,375,000 · Arthur W & Marianne Skotdal
—
—
Everett Lodge 479 Benevolent
—
Deed Of Trust
related
$310,000 · Arthur W Skotdal
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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