Back to Search
Property profile & analytics
OFF-MARKET
Mobile home & RV parks
3541-3545 111th Ave Portland, OR 97266
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US71-1016451
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1981
Total area
924 SF
Lot
0.29 ac (12,431 SF)
Zoning code
R3
APN
1S2E10B 02600
UPID
US71-1016451
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
by Request
Owner & transaction history
Selbert Six LLC · 7 yrs held
Selbert Six LLC
since 2018
7 recorded transactions
Zoning & alternative use
R3 · Portland, OR
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
$2,477
Tax year 2023
Assessed value
$105,390
Assessed 2023
Previous assessed
$102,330
+3.0% YoY
Effective rate
2.35%
On assessed value
Land market value
$887,250
Total market value
$887,250
Applied tax rate
113.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1981
Heating
NONE
Buildings
4
Bathrooms
1
Total area
924 SF
Lot
0.29 ac (12,431 SF)
Zoning code
R3
APN
1S2E10B 02600
UPID
US71-1016451
Jurisdiction
MULTNOMAH
Zoning & alternative use
R3 · Portland, OR
Zoning R3 · permitted uses
R3 · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Buildings
4
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Selbert Six LLC
Entity
Mailing address
3610 CARDIFF RD, CHEVY CHASE, MD 20815-5946
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2018
$2,225,000
Selbert Six LLC
Viking Park Management LLC
Trustees Deed
$1,450,000 · Clackamas Cnty Bk
Aug 5, 2016
$1,780,000
Viking Park Management LLC
Headley,steven C & Leslie A
Grant Deed
$1,350,000 · Shaughnessy Cap LLC
Jul 20, 2016
—
Steven C Headley
Viking Mhp LLC
Quit Claim Deed
related
—
Sep 5, 2007
—
Viking Mhp LLC
Headley,steven C & Leslie A
Quit Claim Deed
related
—
Mar 27, 2006
$1,310,000
Steven C Headley
Frelicot,noel E
Warranty Deed
$925,000 · Union Bank Of California
—
—
Willard A Olson
—
Deed Of Trust
related
$37,000 · Washington Mutual Fsb
—
—
Viking Mhp LLC
—
Deed Of Trust
related
$891,500 · Umpqua Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3541-3545 111th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
