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Property profile & analytics
OFF-MARKET
Estimated value
$90,250,000
Apartment buildings
45 Main St 1101 Phoenixville, PA 19460-3293
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-0477081
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2017
Total area
59,194 SF
Lot
23 ac (1,001,880 SF)
Zoning code
FCE
APN
1509 00810000
UPID
US73-0477081
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
-
Chester County Personal Training Phoenixville Gym & Fitness Center
-
Holistic4Life Association Consultant
-
Jake's Dragon Foundation Association Or Organization
-
Riverworks Apartment Complex
-
Michael Hamilton Golf Golf Instructor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$90.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$90.25M
Owner & transaction history
Cf Riverworks Multifamily Dst · 2 yrs held
Cf Riverworks Multifamily Dst
since 2024
Last sale
$90.3M
7 recorded transactions
Zoning & alternative use
FCE · Phoenixville, PA
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 Phoenixville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenixville 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
$90,250,000
ML approach
$90,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$90.25M
Range $81.23M – $99.28M · ±10% · vs last sale $90.25M (Apr 11 2024)
Last sale anchor
$90.25M
Apr 11 2024
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
$1,525 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,079,827
Tax year 2024
Assessed value
$23,526,000
Assessed 2024
Previous assessed
$23,526,000
+0.0% YoY
Effective rate
4.59%
On assessed value
Assessed land
$2,415,000
Assessed improvement
$21,111,000
Land market value
$2,415,000
Improvement market value
$21,767,520
Total market value
$24,182,520
Applied tax rate
15.0000
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
2017
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
361
Units
55
Total area
59,194 SF
Lot
23 ac (1,001,880 SF)
Zoning code
FCE
APN
1509 00810000
UPID
US73-0477081
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
FCE · Phoenixville, PAZoning FCE · permitted uses
FCE · Phoenixville, PA
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
2017
Heating
FORCED AIR
Cooling
Yes
Buildings
361
Units
55
Lot
23 ac
Current owner
From public records · entity-resolved
Cf Riverworks Multifamily Dst
Individual
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2024
$90,250,000
Cf Riverworks Multifamily Dst
Pp Phoenixville Investors LLC
Deed
$5,200,000 · Insurance Strategy Funding Corp LLC
Jul 2, 2019
$77,812,500
Pp Phoenixville Investors LLC
French Creek Acquisition LP
Grant Deed
$58,800,000 · Newmark Knight Frank
May 2, 2017
—
French Creek Acquisition Limited Pa
Chester County Economic Development
Deed
$96,000,000 · Wells Fargo Bk
Apr 2, 2015
—
Chester Cnty Economic Dev Coun
French Creek Acquisition LP
Grant Deed
—
Jan 27, 2014
$6,125,000
French Creek Acquistion LP
Liberty Phoenixville Reo LP
Grant Deed
—
Dec 28, 2011
$3,248,158
Liberty Phoenixville Reo LP
Rfb Property Holdings LLC
Grant Deed
—
Jan 27, 2009
—
Rfb Property Holdings LLC
Sheriff Of Chester County
Trustees Deed
related
—
Jun 25, 2008
—
Rfb Property Holdings LLC
Phoenix Property Group
Deed In Lieu Of Foreclosure
related
—
Aug 4, 2005
—
Phoenix Property Group
—
Deed Of Trust
related
$6,116,451 · Republic First Bank
Dec 10, 2003
—
Phoenix Property Group
—
Deed Of Trust
related
$5,000,000 · United States Surety Co
May 5, 2003
—
Phoenix Property Group Gp
—
Deed Of Trust
related
$1,300,000 · Contract Operations Planning
May 31, 2002
—
Phoenix Property Group
—
Deed Of Trust
related
$6,095,268 · Phoenix Capital Corp
May 3, 1999
$329,748
Phoenix Property Group
Red Wing Associates LP
Grant Deed
—
—
—
Phoenix Property Group
—
Deed Of Trust
related
$650,000 · Republic First Bank
—
—
Phoenix Property Group
—
Deed Of Trust
related
$200,000 · Cohen Seglias Pallas & Greenha
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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