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Property profile & analytics
OFF-MARKET Estimated value $980,000
Apartment buildings

3113 Bridgeport W Way University Place, WA 98466-4502

9,808 SF 0.46 ac lot Built 1977
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US90-0784831
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1977
Construction WOOD FRAME
Total area 9,808 SF
Lot 0.46 ac (20,000 SF)
Zoning code MUO
APN 220104145
UPID US90-0784831
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
$1.36M
Blend (final) Blend
$980k
Owner & transaction history
Bridgeport Up Properties LLC · 6 yrs held
Bridgeport Up Properties LLC
since 2020
7 recorded transactions
2022
Price N/A
2020
Price N/A
2019
$1.3M
2016
$875,000
2006
Price N/A
1998
$436,274
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
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