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Property profile & analytics
OFF-MARKET Estimated value $630,000
Apartment buildings

3011 Bridgeport W Way University Place, WA 98466-4633

4,526 SF 0.28 ac lot Built 1980
Entity Owned 4-yr Hold
Property ID
US90-0403305
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1980
Construction FRAME
Total area 4,526 SF
Lot 0.28 ac (12,197 SF)
Zoning code MUO
APN 220108017
UPID US90-0403305
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
$510k
CAP Approach CAP
$795k
Comparable Approach Comparable
$694k
Blend (final) Blend
$630k
Owner & transaction history
Ehl Investments LLC · 4 yrs held
Ehl Investments LLC
since 2022
Last sale
$856,500
7 recorded transactions
2022
$856,500
2017
Price N/A
2012
Price N/A
2010
$450,000
2007
Price N/A
2004
$382,000
1969
Price N/A
Zoning & alternative use
MUO · University Place, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Mixed Use - Office (MU-O). It is the City’s intent to create a well-balanced, well-organized combination of land uses that recognizes historic development patterns and protects adjoining residential neighborhoods from incompatible uses. The MU-O classification serves as a transition zone providing separation between more intense commercial activities and res…

Zone name Mixed Use Office
General category MIXED_USE
Zone area 3.55 ac
Top alternative use upside
Medical building $1.1M +18.2%
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