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Property profile & analytics
OFF-MARKET
Estimated value
$134,800,000
Apartment buildings
5901 Montrose Rd Rockville, MD 20852-4753
Entity Owned
4-yr Hold
Property ID
US40-2159211
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1967
Construction
BRICK
Total area
542,754 SF
Lot
3.27 ac (142,445 SF)
Zoning code
CR4.0
APN
04-03340927
UPID
US40-2159211
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
-
ZIPS AUTO GLASS , REEMPLAZO PARABRISAS Y VIDRIOS PARA CARROS Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Monterey Dry Cleaners (Bike/Boat/Book/etc) Store
-
G.Q. Custom Tailors (Bike/Boat/Book/etc) Store
-
Ayda Sanver Consulting, LLC Consultant
-
Monterey Mart & Cafe Specialty Food Shop Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$137.87M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$134.80M
Owner & transaction history
Cp5 Monterey LLC · 4 yrs held
Cp5 Monterey LLC
since 2022
Last sale
$133.8M
7 recorded transactions
Zoning & alternative use
CR4.0 · Rockville, MD
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 Rockville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville 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
$133,735,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$149,360,000
6.5%
$137,870,000
7%
$128,020,000
Blend value · Realmo final
$134.80M
Range $121.32M – $148.28M · ±10% · vs last sale $133.80M (Feb 11 2022)
Last sale anchor
$133.80M
Feb 11 2022
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
$248 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,106,110
Tax year 2022
Assessed value
$103,000,000
Assessed 2023
Previous assessed
$103,000,000
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$13,760,100
Assessed improvement
$89,239,900
Land market value
$13,760,100
Improvement market value
$89,239,900
Total market value
$103,000,000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1967
Construction
BRICK
Heating
YES
Cooling
YES
Stories
17
Units
432
Total area
542,754 SF
Lot
3.27 ac (142,445 SF)
Zoning code
CR4.0
APN
04-03340927
UPID
US40-2159211
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR4.0 · Rockville, MD
Zoning CR4.0 · permitted uses
CR4.0 · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
17
Units
432
Lot
3.27 ac
Current owner
From public records · entity-resolved
Cp5 Monterey LLC
Entity
Mailing address
6191 N STATE HWY 161ST STE #100, IRVING, TX 75038-2290
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2022
$133,800,000
Cp5 Monterey LLC
Monterey North Bethesda Investors L
Special Warranty Deed
$73,992,000 · Berkadia Commercial Mortgage LLC
May 11, 2015
$110,500
Monterey North Bethesda Invest
Ag-fcp Monterey Owner LLC
Grant Deed
$87,000,000 · Berkeley Point Cap
Mar 18, 2008
$97,000,000
Ag-fcp Monterey Owner LLC
Pavilion LLC
Grant Deed
—
Nov 15, 2005
—
Pavilion LLC
—
Deed Of Trust
related
$130,000,000 · Fremont Investment & Loan
—
—
Monterey N Bethesda Invtrs LLC
—
Deed Of Trust
related
$90,000,000 · Cbre Cap Markets
—
—
Ag-fcp Monterey Owner LLC
—
Deed Of Trust
related
$79,000 · Cibc INC
—
—
Home Properties Pavilion LLC
—
Deed Of Trust
related
$18,432,000 · 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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