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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Garden apartment buildings
500 Davisville Rd, Willow Grove, PA 19090-1535
Entity Owned
4-yr Hold
Property ID
US73-0848191
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2023
Total area
58,579 SF
Lot
1.63 ac (71,115 SF)
Zoning code
C2
APN
59-00-04240-00-3
UPID
US73-0848191
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
$1.71M
Blend (final)
Blend
$2.73M
Owner & transaction history
Davisville Senior Apartments LLC · 4 yrs held
Davisville Senior Apartments LLC
since 2021
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
C2 · Willow Grove, 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 Willow Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willow Grove 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
$2,840,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±10% · vs last sale $2.20M (Oct 7 2021)
Last sale anchor
$2.20M
Oct 7 2021
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
$47 / 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
$38,233
Tax year 2023
Assessed value
$804,340
Assessed 2024
Previous assessed
$352,570
+128.1% YoY
Effective rate
4.75%
On assessed value
Total market value
$804,340
Applied tax rate
59.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2023
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
8
Bathrooms
3
Total area
58,579 SF
Lot
1.63 ac (71,115 SF)
Zoning code
C2
APN
59-00-04240-00-3
UPID
US73-0848191
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Willow Grove, PA
Zoning C2 · permitted uses
C2 · Willow Grove, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willow Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
3
Lot
1.63 ac
Current owner
From public records · entity-resolved
Davisville Senior Apartments LLC
Entity
Mailing address
8900 ROOSEVELT BLVD, PHILADELPHIA, PA 19115-5060
Ownership since
2021
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
Oct 7, 2021
$2,200,000
Davisville Senior Apartments LLC
Jerc Partners L LLC
Special Warranty Deed
$8,288,940 · First Trust Bank
Mar 14, 2019
$600,000
Jerc Partners L LLC
Davisville Associates LLC
Grant Deed
—
Oct 10, 2014
—
Davisville Associates LLC
Cjs Ents LLC
Grant Deed
—
Aug 29, 2008
—
Cjs Ents LLC
Cjs Enter LLC
Deed Of Trust
related
$1,365,000 · Fox Chase Bank
Oct 10, 2007
$675,000
Cjs Ents LLC
Paul,robert
Grant Deed
—
Jul 5, 2005
$540,000
Robert Paul
Dangelo,james
Grant Deed
—
Mar 11, 2002
$630,000
Kerry Huddleston
Messina,dorothy
Grant Deed
—
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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