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Property profile & analytics
OFF-MARKET
Assisted living facilities
545 112th St Seattle, WA 98125-6112
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0553603
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
28,864 SF
Lot
0.37 ac (16,114 SF)
Zoning code
MR (M)
APN
292604-9627
UPID
US90-0553603
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
-
Northaven West Apartment Building Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Northa Yen Hiree Northgate Limited · 3 yrs held
Northa Yen Hiree Northgate Limited
since 2023
Last sale
$260,000
2 recorded transactions
Zoning & alternative use
MR (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district promotes multi family uses in mid rise or high rise providing concentrations of housing in desirable, pedestrian oriented urban neighborhoods having convenient access to regional transit stations, where the mix of activity provides convenient access to a full range of residential services and amenities. M is the mandatory housing affordability…
Zone name
Midrise Mandatory Housing Affordability
General category
RESIDENTIAL
Zone area
314.86 ac
Source
Realmo
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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,239
Tax year 2024
Assessed value
$9,377,000
Assessed 2023
Effective rate
0.03%
On assessed value
Assessed land
$1,772,500
Assessed improvement
$7,604,500
Land market value
$1,772,500
Improvement market value
$7,604,500
Total market value
$9,377,000
Applied tax rate
25.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
5
Units
82
Total area
28,864 SF
Lot
0.37 ac (16,114 SF)
Zoning code
MR (M)
APN
292604-9627
UPID
US90-0553603
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MR (M) · Seattle, WAZoning MR (M) · permitted uses
MR (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district promotes multi family uses in mid rise or high rise providing concentrations of housing in desirable, pedestrian oriented urban neighborhoods having convenient access to regional transit stations, where the mix of activity provides convenient access to a full range of residential services and amenities. M is the mandatory housing affordability suffix applied to this zone.
Zone name
Midrise Mandatory Housing Affordability
General category
RESIDENTIAL
Zone area
314.86 ac
Source
Realmo
Building & site characteristics
From public records
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
5
Units
82
Lot
0.37 ac
Current owner
From public records · entity-resolved
Northa Yen Hiree Northgate Limited
Individual
Mailing address
1900 HUNTINGTON DR, DUARTE, CA 91010-2694
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2023
—
Northa Yen Hiree Northgate Limited
—
Deed
related
$1,000,000 · Humangood Affordable Housing
Apr 26, 2023
—
Northaven Three Northgate Limited P
—
Deed
related
$3,029,470 · Humangood Affordable Housing
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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