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Property profile & analytics
OFF-MARKET
Assisted living facilities
3407 Kristal Way, Phoenix, AZ 85027-6141
Entity Owned
5-yr Hold
Property ID
US07-0860409
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1985
Construction
CONCRETE BLOCKS
Total area
2,936 SF
Lot
0.21 ac (9,290 SF)
Zoning code
R1-8
APN
206-11-820
UPID
US07-0860409
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
-
Rental inc Financial Advisor
-
Astoria AZ Assisted Living & Memory Care Nursing Home Retirement Community
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
Rpim III LLC · 5 yrs held
Rpim III LLC
since 2020
7 recorded transactions
Zoning & alternative use
R1-8 · Phoenix, AZ
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
$2,346
Tax year 2023
Assessed value
$43,030
Assessed 2024
Previous assessed
$37,400
+15.1% YoY
Effective rate
5.45%
On assessed value
Land market value
$86,000
Improvement market value
$344,300
Total market value
$430,300
Applied tax rate
971,300.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1985
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
11
Bathrooms
4
Total area
2,936 SF
Lot
0.21 ac (9,290 SF)
Zoning code
R1-8
APN
206-11-820
UPID
US07-0860409
Jurisdiction
MARICOPA
Zoning & alternative use
R1-8 · Phoenix, AZ
Zoning R1-8 · permitted uses
R1-8 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
11
Bathrooms
4
Lot
0.21 ac
Current owner
From public records · entity-resolved
Rpim III LLC
Entity
Mailing address
PO BOX 5223, GLENDALE, AZ 85312-5223
Mailing matches property
Yes
Owner-occupied
Yes
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2020
—
Rpim III LLC
Residential Prop Inv & Mgmt Ll
Grant Deed
—
Jul 24, 2019
—
Residential Prop Inv & Mgmt Ll
—
Correction Deed
related
$3,800,000 · Ks Statebank
Jul 23, 2018
$400,000
Residential Prop Inv & Mgmt Ll
Wright,julia
Warranty Deed
—
Feb 29, 2012
$290,000
Julia Wright
3407 West Kristal Way LLC
Warranty Deed
$285,000 · 3407 West Kristal Way LLC
Dec 31, 2009
$285,000
3407 West Kristal Way LLC
Temporary Housing INC
Warranty Deed
—
Jun 3, 2009
$285,000
Temporary Housing INC
Oprea,cosmin V
Warranty Deed
—
Sep 21, 2001
$210,000
Cosmin V Oprea
Tecuan,eugen
Grant Deed
$199,500 · Pacific Republic Mortgage Corp
Dec 16, 1998
$180,000
Eugen Teccu
Shomlea,costan & Lenuta
Grant Deed
$171,000 · Pacific Coast Mortgage
Jun 30, 1995
$129,000
Costan Shomlea
Elizabeth A Sunderlin
Grant Deed
—
Mar 1, 1995
$129,000
Costan Shomlea
Sunderlin
Grant Deed
$96,750
Mar 23, 1993
—
Elizabeth A Sunderlin
Sunderlin
Quit Claim Deed
related
—
—
—
Cosmin V Oprea
—
Deed Of Trust
related
$198,000 · First Mortgage Corp
—
—
Cosmin V Opera
—
Deed Of Trust
related
$255,600 · American Home Mortgage INC
—
—
Elizabeth A Sunderlin
—
Deed Of Trust
related
$100,000 · Bank One NA
—
—
Costan Shomlea
—
Deed Of Trust
related
$100,250 · Suburban Mortgage INC
—
—
Costan Shomlea
—
Deed Of Trust
related
$15,000 · Bank One Arizona
—
—
Jason P Freid
—
Deed Of Trust
related
$250,000 · Dan Gallagher
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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