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Property profile & analytics
OFF-MARKET
Estimated value
$2,980,000
Apartment buildings
465 Youngs Ml Ln Newport News, VA 23602-9011
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-0770735
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Total area
4,850 SF
Lot
1.97 ac (85,813 SF)
Zoning code
R7
APN
139000715
UPID
US87-0770735
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
$2.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.98M
Owner & transaction history
Youngs Mill Owner LLC · 4 yrs held
Youngs Mill Owner LLC
since 2022
Last sale
$3.5M
4 recorded transactions
Zoning & alternative use
R7 · Newport News, VA
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 Newport News submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport News 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
$2,700,000
ML approach
$2,790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.98M
Range $2.68M – $3.28M · ±10% · vs last sale $3.54M (Feb 4 2022)
Last sale anchor
$3.54M
Feb 4 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
$614 / 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
$43,432
Tax year 2023
Assessed value
$3,282,000
Assessed 2023
Previous assessed
$3,282,000
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$480,000
Assessed improvement
$2,802,000
Land market value
$480,000
Improvement market value
$2,802,000
Total market value
$3,282,000
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
1984
Heating
NONE
Units
32
Bathrooms
8
Total area
4,850 SF
Lot
1.97 ac (85,813 SF)
Zoning code
R7
APN
139000715
UPID
US87-0770735
Jurisdiction
NEWPORT NEWS CITY
Zoning & alternative use
R7 · Newport News, VA
Zoning R7 · permitted uses
R7 · Newport News, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newport News. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Units
32
Bathrooms
8
Lot
1.97 ac
Current owner
From public records · entity-resolved
Youngs Mill Owner LLC
Entity
Mailing address
PO BOX 5169, OAK BROOK, IL 60522-5169
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
—
Youngs Mill Owner LLC
—
Deed
related
$24,147,000 · Walker & Dunlop LLC
Feb 4, 2022
$14,382,978
Youngs Mill Owner LLC
Youngs Mill Apartments LLC
Special Warranty Deed
$22,533,600 · The Bancorp Bank
Feb 4, 2022
$2,540,426
Youngs Mill Owner LLC
Y M Rental Associates LLC
Special Warranty Deed
—
—
—
Y M Rental Associates LLC
—
Deed Of Trust
related
$535,000 · Branch Bk&tr
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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