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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Apartment buildings
5100 Clearwater Ave Kennewick, WA 99336-1961
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-1820393
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1975
Construction
CONCRETE
Total area
2,400 SF
Lot
8.7 ac (378,972 SF)
Zoning code
33
APN
133994011877001
UPID
US90-1820393
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
-
Lakeside Apartments Apartment Complex Apartment Building
-
Langa Construction & services LLC General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Spectrum Pacific West LLC · 4 yrs held
Spectrum Pacific West LLC
since 2022
5 recorded transactions
Zoning & alternative use
33 · Kennewick, WA
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 Kennewick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennewick 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
by Request
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10%
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
$246 / 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
Property tax & assessments
Assessed value
$16,212,400
Assessed 2023
Previous assessed
$15,769,790
+2.8% YoY
Assessed land
$1,555,300
Assessed improvement
$14,657,100
Land market value
$1,555,300
Improvement market value
$14,657,100
Total market value
$16,212,400
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
1975
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Rooms
120
Total area
2,400 SF
Lot
8.7 ac (378,972 SF)
Zoning code
33
APN
133994011877001
UPID
US90-1820393
Jurisdiction
BENTON
Zoning & alternative use
33 · Kennewick, WA
Zoning 33 · permitted uses
33 · Kennewick, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennewick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Rooms
120
Lot
8.7 ac
Current owner
From public records · entity-resolved
Spectrum Pacific West LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 17196, PORTLAND, OR 97217-0196
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2022
—
Spectrum Pacific West LLC
Lakeside Kennewick LLC
Agreement Of Sale
—
May 25, 2021
—
Lakeside Kennewick LLC
—
Deed
related
$10,500,000 · Greystone Servicing Company LLC
Jun 14, 2018
$10,213,755
Lakeside Kennewick LLC
Lakeside Tri-cities LLC
Grant Deed
$6,730,000 · Miscellaneous Ins Co
Oct 31, 2012
—
Lakeside Tri-cities LLC
Rosen,robert M
Quit Claim Deed
related
$5,632,000 · Union Bank
Jan 13, 2005
$6,237,900
Rosen,louis Trust
Lakeside Partners LLC
Grant Deed
related
—
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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