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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Apartment buildings
6711 Kinwood Park SE Ln Olympia, WA 98503-7974
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-2732724
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD FRAME
Total area
3,584 SF
Lot
0.62 ac (27,007 SF)
APN
5769-00-00700
UPID
US90-2732724
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$566k
Blend (final)
Blend
$505k
Owner & transaction history
Robert G Miller · 6 yrs held
Robert G Miller
since 2019
7 recorded transactions
Zoning & alternative use
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 Olympia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olympia 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
by Request
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$690,000
7%
$640,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$141 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,185
Tax year 2023
Assessed value
$691,000
Assessed 2022
Previous assessed
$485,900
+42.2% YoY
Effective rate
1.04%
On assessed value
Assessed land
$81,600
Assessed improvement
$609,400
Land market value
$81,600
Improvement market value
$609,400
Total market value
$691,000
Applied tax rate
239.0000
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 (5+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
2
Bathrooms
0
Total area
3,584 SF
Lot
0.62 ac (27,007 SF)
APN
5769-00-00700
UPID
US90-2732724
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Bathrooms
0
Lot
0.62 ac
Current owner
From public records · entity-resolved
Robert G Miller
Individual
Mailing address
PO BOX 2534, OLYMPIA, WA 98507-2534
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2019
$495,000
Robert G Miller
Ott,kimberly D
Warranty Deed
$257,000 · Gregory M Russell Pension Plan
Aug 30, 2005
—
Kimberly D Ott
Ott,robert J
Quit Claim Deed
related
—
Aug 30, 2005
$400,000
Kimberly D Ott
James N Carter
Warranty Deed
$300,000 · Abn Amro Mortgage Group INC
Jul 13, 2005
$320,000
James N Carter
Craig,steve A & Starr D
Warranty Deed
$256,000 · Apreva INC
Jul 13, 1998
$168,700
Craig,steve A & Starr D
Leithold,melinda
Trustees Deed
—
Jul 13, 1998
$172,070
Craig,steve A & Starr D
Schaefer,paul
Trustees Deed
—
Oct 18, 1990
$1,150,000
Melinda Etal Leithold
Unknown
Grant Deed
—
—
—
Kimberly D Ott
—
Deed Of Trust
related
$500,000 · Private Individual
—
—
Robert G Miller
—
Deed Of Trust
related
$346,500 · Olympia Fed'l Svgs
—
—
Kimberly D Ott
—
Loan Modification
related
$275,285 · Ditech Fin'l
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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