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Property profile & analytics
OFF-MARKET
Estimated value
$2,465,000
Apartment buildings
401 Ash St Centralia, WA 98531-2863
Entity Owned
~
Est. High Equity
Property ID
US90-0044505
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1994
Total area
2,850 SF
Lot
1.7 ac (74,052 SF)
APN
2102001000
UPID
US90-0044505
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
$2.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.47M
Owner & transaction history
Twin Peaks Apartments LLC
Twin Peaks Apartments LLC
since 2026
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
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 Centralia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centralia 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
$2,400,000
ML approach
$2,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.47M
Range $2.22M – $2.71M · ±10% · vs last sale $3.20M (Feb 14 2022)
Last sale anchor
$3.20M
Feb 14 2022
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
$865 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$31,930
Tax year 2023
Assessed value
$3,893,500
Assessed 2022
Previous assessed
$2,030,700
+91.7% YoY
Effective rate
0.82%
On assessed value
Assessed land
$305,100
Assessed improvement
$3,588,400
Land market value
$305,100
Improvement market value
$3,588,400
Total market value
$3,893,500
Applied tax rate
1.0000
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
1994
Heating
ELECTRIC
Stories
2
Bathrooms
4
Total area
2,850 SF
Lot
1.7 ac (74,052 SF)
APN
2102001000
UPID
US90-0044505
Jurisdiction
LEWIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Heating
ELECTRIC
Stories
2
Bathrooms
4
Lot
1.7 ac
Current owner
From public records · entity-resolved
Twin Peaks Apartments LLC
Entity
Mailing address
1200 WESTLAKE AVE N STE #310, SEATTLE, WA 98109-3528
Ownership since
2026
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
Mar 6, 2026
$4,628,970
Twin Peaks Apartments LLC
Lra Group LLC
Warranty Deed
$3,920,000 · Timberland Bank
Feb 14, 2022
$3,200,000
Lra Group LLC
Centralia Apts Investment LLC
Warranty Deed
$3,000,000 · Spokane Teachers Cu
Jan 2, 2018
$1,631,966
Centralia Apts Investment LLC
Cherry Orchard Capital LLC
Warranty Deed
$1,224,000 · Kitsap Bank
Apr 3, 2008
—
Cherry Orchard Capital LLC
Cherry Orchard LLC
Quit Claim Deed
related
—
Jun 29, 2006
$1,275,000
Cherry Orchard LLC
Duyck,thomas A & Vicki A
Warranty Deed
—
—
—
Cherry Orchard LLC
—
Deed Of Trust
related
$1,087,500 · Columbia State Bank
—
—
Cherry Orchard Capital LLC
—
Deed Of Trust
related
$299,000 · Timberland 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.
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