New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Apartment buildings
6100 Lakewood W Dr, Tacoma, WA 98467-3426
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US90-0601761
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1975
Construction
WOOD FRAME
Total area
7,936 SF
Lot
3.57 ac (155,509 SF)
Zoning code
MFH
APN
220234169
UPID
US90-0601761
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
-
Park Place Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
$745k
Blend (final)
Blend
$1.06M
Owner & transaction history
Park 6100 Apartments LLC · 27 yrs held
Park 6100 Apartments LLC
since 1998
7 recorded transactions
Zoning & alternative use
MFH · Tacoma, 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 Tacoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tacoma 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
$1,040,000
CAP Approach
CAP Return
Estimation
6%
$1,515,000
6.5%
$1,400,000
7%
$1,300,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,645,000
Current use
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±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
$134 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$186,077
Tax year 2024
Assessed value
$15,413,400
Assessed 2024
Previous assessed
$15,413,400
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$5,398,200
Assessed improvement
$10,015,200
Land market value
$5,398,200
Improvement market value
$10,015,200
Total market value
$15,413,400
Applied tax rate
751.0000
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
1975
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
19
Stories
2
Units
12
Total area
7,936 SF
Lot
3.57 ac (155,509 SF)
Zoning code
MFH
APN
220234169
UPID
US90-0601761
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MFH · Tacoma, WA
Zoning MFH · permitted uses
MFH · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tacoma. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
19
Units
12
Lot
3.57 ac
Current owner
From public records · entity-resolved
Park 6100 Apartments LLC
Entity
Mailing address
PO BOX 111088, TACOMA, WA 98411-1088
Ownership since
1998
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
May 30, 2019
—
Park 6100 Apartments LLC
—
Deed
related
$9,500,000 · Boeing Emps Cu
May 1, 2000
—
Park 6100 Apartments LLC
—
Deed Of Trust
related
$4,100,000 · Anchor Savings Bank
Dec 31, 1998
$3,600,000
Park 6100 Apartments LLC
Newport Pacific Park Place Ltd
Grant Deed
related
$3,700,000 · Us Bank
—
—
Park 6100 Apartments LLC
—
Deed Of Trust
related
$9,500,000 · Boeing Emps Cu
—
—
Park 6100 Apartments LLC
—
Deed Of Trust
related
$7,650,000 · Opus Bank
—
—
Park 6100 Apartments LLC
—
Deed Of Trust
related
$5,250,000 · Evertrust Bank
—
—
Newport Pacific Park Place Ltd
—
Deed Of Trust
related
$1,950,000 · Imperial Thrift & Loan Assn
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6100 Lakewood W Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
