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Property profile & analytics
OFF-MARKET Estimated value $455,000
Apartment buildings

4411 76th W Ave University Place, WA 98466-3724

3,952 SF 0.21 ac lot Built 1974
Individually Owned 31-yr Hold Absentee Owner
Property ID
US90-1021875
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1974
Construction FRAME
Total area 3,952 SF
Lot 0.21 ac (9,111 SF)
Zoning code MF
APN 2653000161
UPID US90-1021875
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
$455k
Owner & transaction history
Karim Aboubakr · 31 yrs held
Karim Aboubakr
since 1995
3 recorded transactions
2018
Price N/A
2018
Price N/A
1995
$160,000
Zoning & alternative use
MF · University Place, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Multifamily Residential - Low (MF-L). Multifamily Residential - Low zones are located along major arterials and transit routes, close to shopping, public facilities and services, and in areas of existing lower density residential development. In the MF-L zone, a maximum building height of 45 feet is allowed. A base density of 35 dwelling units per acre is al…

Zone name Multi Family Residential
General category CIVIC_INSTITUTIONAL
Zone area 119.06 ac
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