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Property profile & analytics
OFF-MARKET
Estimated value
$5,000,000
Apartment buildings
3180 Horseshoe Pike 101, Honey Brook, PA 19344-8684
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-2565684
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Total area
38,714 SF
Lot
25.4 ac (1,106,424 SF)
Zoning code
R1
APN
2208 00690200
UPID
US73-2565684
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
-
Heatherwood Retirement Community Nursing Home Retirement Community
-
Advanced Hearing Aid Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.00M
Owner & transaction history
Heatherwood R/e Invtrs LLC · 20 yrs held
Heatherwood R/e Invtrs LLC
since 2005
6 recorded transactions
Zoning & alternative use
R1 · Honey Brook, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.3M
+12.6%
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 Honey Brook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Honey Brook 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%
$6,995,000
6.5%
$6,460,000
7%
$5,995,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,350,000
Current use
AUTO REPAIR, GARAGE
$8,270,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$7,200,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$5.00M
Range $4.50M – $5.50M · ±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
$129 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$133,966
Tax year 2024
Assessed value
$3,489,170
Assessed 2024
Previous assessed
$3,489,170
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$258,750
Assessed improvement
$3,230,420
Land market value
$258,750
Improvement market value
$3,416,840
Total market value
$3,675,590
Applied tax rate
22.0000
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 (5+ UNITS)
Status
Off-Market
Year built
1985
Heating
HEAT PUMP
Cooling
WINDOW A/C
Buildings
109
Units
42
Total area
38,714 SF
Lot
25.4 ac (1,106,424 SF)
Zoning code
R1
APN
2208 00690200
UPID
US73-2565684
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Honey Brook, PA
Zoning R1 · permitted uses
R1 · Honey Brook, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Honey Brook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.4M
AUTO REPAIR, GARAGE
Est. value
$8.3M
OFFICE BUILDING
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
HEAT PUMP
Cooling
Yes
Buildings
109
Units
42
Lot
25.4 ac
Current owner
From public records · entity-resolved
Heatherwood R/e Invtrs LLC
Entity
Mailing address
3570 KEITH ST NW, CLEVELAND, TN 37312-4309
Ownership since
2005
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
Jan 7, 2011
—
Heatherwood R/e Invtrs LLC
—
Deed Of Trust
related
$361,100,000 · General Electric Capital Corp
Jul 15, 2009
—
Heatherwood R/e Invtrs LLC
—
Deed Of Trust
related
$83,650,000 · General Electric Capital Corp
Nov 2, 2005
—
Heatherwood R/e Invtrs LLC
—
Deed Of Trust
related
$2,775,000 · Merrill Lynch Capital
Aug 23, 2005
—
Heatherwood R/e Invtrs LLC
Central & Wstn Chester Cnty In
Grant Deed
$40,125,000 · Merrill Lynch Capital
—
—
Heatherwood R & E Invtrs LLC
—
Loan Modification
related
$100,000,000 · * Other Institutional Lenders
—
—
Heatherwood R & E Investors LLC
—
Deed Of Trust
related
$100,000,000 · Capital One Nat'l Bk
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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