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Property profile & analytics
OFF-MARKET Estimated value $10,850,000
Apartment buildings

4780 11th St Gresham, OR 97080-4321

70,920 SF 3.95 ac lot Built 1992
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US71-0634152
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1992
Total area 70,920 SF
Lot 3.95 ac (172,062 SF)
Zoning code CMF
APN 1S3E18A 00902
UPID US71-0634152
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
$14.01M
Comparable Approach Comparable
$15.95M
Blend (final) Blend
$10.85M
Owner & transaction history
Gelt Silverwood Fee Owner LLC · 5 yrs held
Gelt Silverwood Fee Owner LLC
since 2020
Last sale
$8.4M
3 recorded transactions
2020
$30.0M
2017
Price N/A
2002
$8.4M
Zoning & alternative use
CMF · Gresham, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4.0412 Corridor Multi-Family (CMF).............................................................................................. 4.0400-3 4.0413 Corridor Mixed-Use (CMU) ................................................................................................ 4.0400-3 4.0414 Community Commercial (CC) ...................................................…

Zone name Corridor Multifamily
General category RESIDENTIAL
Zone area 579.95 ac
Top alternative use upside
Commercial (general) $20.2M +8.2%
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