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Property profile & analytics
OFF-MARKET
Apartment buildings
290 Edgeway Dr 312 Hillsboro, OR 97006-4012
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0482481
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Lot
9.86 ac (429,502 SF)
Zoning code
UC-RM
APN
1S201AA-03450
UPID
US71-0482481
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
Wyndhaven LP · 5 yrs held
Wyndhaven LP
since 2020
5 recorded transactions
Zoning & alternative use
UC-RM · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The UC-RM zone implements the MU-UR Mixed-Use Urban Residential Plan designation, providing opportunities for a mix of townhouses, condominiums, apartments and other multi dwelling development within the Amber glen area and other appropriate areas
Zone name
Urban Center Residential Medium Density
General category
MIXED_USE
Zone area
99.08 ac
Source
Realmo
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 Hillsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsboro 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
$261,231
Tax year 2023
Assessed value
$14,488,360
Assessed 2023
Previous assessed
$14,066,370
+3.0% YoY
Effective rate
1.80%
On assessed value
Land market value
$8,000,000
Improvement market value
$58,764,500
Total market value
$66,764,500
Applied tax rate
51.0000
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
Heating
NONE
Buildings
2
Lot
9.86 ac (429,502 SF)
Zoning code
UC-RM
APN
1S201AA-03450
UPID
US71-0482481
Jurisdiction
WASHINGTON
Zoning & alternative use
UC-RM · Hillsboro, ORZoning UC-RM · permitted uses
UC-RM · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The UC-RM zone implements the MU-UR Mixed-Use Urban Residential Plan designation, providing opportunities for a mix of townhouses, condominiums, apartments and other multi dwelling development within the Amber glen area and other appropriate areas
Zone name
Urban Center Residential Medium Density
General category
MIXED_USE
Zone area
99.08 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
9.86 ac
Current owner
From public records · entity-resolved
Wyndhaven LP
Entity
Mailing address
3 CENTERPOINTE DR STE #130, LAKE OSWEGO, OR 97035-8657
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Aug 31, 2020
—
Wyndhaven LP
—
Deed
related
$5,331,000 · Walker & Dunlop
Aug 15, 2017
—
Wyndhaven LP
—
Deed
related
$36,826,000 · Walker & Dunlop
—
—
Wyndhaven LP
—
Deed Of Trust
related
$4,500,000 · Us Bk
—
—
Wyndhaven LP
—
Deed Of Trust
related
$36,826,000 · Walker & Dunlop
—
—
Wyndhaven LP
—
Deed Of Trust
related
$5,331,000 · Walker & Dunlop
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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