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Property profile & analytics
OFF-MARKET
Estimated value
$4,645,000
Apartment buildings
3200 Mdws Way 101 Chesapeake, VA 23321-6106
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US87-0922262
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1995
Total area
42,666 SF
Lot
7.72 ac (336,109 SF)
Zoning code
RMF1: MULTI-FAMILY RESIDE
APN
40000000110
UPID
US87-0922262
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
$4.65M
Owner & transaction history
Cjehn LLC · 14 yrs held
Cjehn LLC
since 2011
2 recorded transactions
Zoning & alternative use
RMF1: MULTI-FAMILY RESIDE · Chesapeake, VA
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 Chesapeake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesapeake 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
$109 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$99,888
Tax year 2019
Assessed value
$14,123,600
Assessed 2023
Previous assessed
$14,389,900
-1.9% YoY
Effective rate
0.71%
On assessed value
Assessed land
$1,543,200
Assessed improvement
$12,580,400
Land market value
$1,543,200
Improvement market value
$12,580,400
Total market value
$14,123,600
Applied tax rate
52.0000
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
1995
Heating
HEAT PUMP
Stories
30
Units
1
Total area
42,666 SF
Lot
7.72 ac (336,109 SF)
Zoning code
RMF1: MULTI-FAMILY RESIDE
APN
40000000110
UPID
US87-0922262
Jurisdiction
CHESAPEAKE CITY
Zoning & alternative use
RMF1: MULTI-FAMILY RESIDE · Chesapeake, VA
Zoning RMF1: MULTI-FAMILY RESIDE · permitted uses
RMF1: MULTI-FAMILY RESIDE · Chesapeake, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chesapeake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
HEAT PUMP
Stories
30
Units
1
Lot
7.72 ac
Current owner
From public records · entity-resolved
Cjehn LLC
Entity
Mailing address
201 SYLVIA DR, YORKTOWN, VA 23693-2208
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2017
—
Cjehn LLC
—
Deed
related
$1,102,000 · Grandbridge Real Estate Capital LLC
Sep 22, 2011
$9,100,000
Cjehn LLC
Chesapeake Meadows LP
Special Warranty Deed
$6,825,000 · Grandbridge Real Estate C
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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