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Property profile & analytics
OFF-MARKET
Assisted living facilities
5605 Chestnut Ave Yakima, WA 98908-3116
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1692167
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Construction
WOOD
Total area
32,874 SF
Lot
1.61 ac (70,132 SF)
Zoning code
R3
APN
181321-31037
UPID
US90-1692167
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
-
Highgate Senior Living - Yakima Retirement Community Nursing Home
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
Highgate Yakima LP · 3 yrs held
Highgate Yakima LP
since 2022
Last sale
$280,000
7 recorded transactions
Zoning & alternative use
R3 · Yakima, 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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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
$45,398
Tax year 2024
Assessed value
$5,238,600
Assessed 2024
Previous assessed
$4,638,700
+12.9% YoY
Effective rate
0.87%
On assessed value
Assessed land
$351,100
Assessed improvement
$4,887,500
Land market value
$351,100
Improvement market value
$4,887,500
Total market value
$5,238,600
Applied tax rate
585.0000
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
Year built
1997
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Total area
32,874 SF
Lot
1.61 ac (70,132 SF)
Zoning code
R3
APN
181321-31037
UPID
US90-1692167
Jurisdiction
YAKIMA
Zoning & alternative use
R3 · Yakima, WA
Zoning R3 · permitted uses
R3 · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yakima. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
1.61 ac
Current owner
From public records · entity-resolved
Highgate Yakima LP
Entity
Mailing address
320 E SUNSET WAY STE #202, ISSAQUAH, WA 98027-3460
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
—
Highgate Yakima LP
Highgate Yakima LP
Intrafamily Transfer
related
$6,200,000 · Grandbridge Real Estate Capital LLC
May 7, 1997
—
Yakima City (wa)
Highgate House Yakima LLC
Quit Claim Deed
related
—
Dec 31, 1996
$280,000
Highgate House Yakima LLC
Rudolph,dewey & Sandy
Grant Deed
—
Aug 17, 1988
$55,100
Sunset Homes INC Etal
Unknown
Grant Deed
—
—
—
Highgate House Yakima LLC
—
Deed Of Trust
related
$252,000 · Mulmur INC
—
—
Highgate House Yakima LLC
—
Deed Of Trust
related
$2,887,500 · Intervest-mortgage Investment
—
—
Highgate House Yakima LLC
—
Deed Of Trust
related
$1,675,500 · Chartermac Mortgage Cap Corp
—
—
Highgate House Yakima LLC
—
Deed Of Trust
related
$3,600,000 · Capri Capital Finance LLC
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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