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Property profile & analytics
OFF-MARKET
Estimated value
$16,000,000
Apartment buildings
7079 Ronler Way 928 Hillsboro, OR 97124-7907
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0815093
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Total area
44,576 SF
Lot
2.01 ac (87,556 SF)
Zoning code
SCR-V
APN
1N226CC-02000
UPID
US71-0815093
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
by Request
Comparable Approach
Comparable
$16.00M
Blend (final)
Blend
$16.00M
Owner & transaction history
Tc Avana I LLC · 6 yrs held
Tc Avana I LLC
since 2019
2 recorded transactions
Zoning & alternative use
SCR-V · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The SCR-V zone provides opportunities to create new Mixed Use neighborhoods containing a variety of Housing Types, neighborhood commercial and employment opportunities, designed for both pedestrian sensitivity and auto accommodation
Zone name
Station Community Residential Village
General category
MIXED_USE
Zone area
375.55 ac
Source
Realmo
Top alternative use upside
Medical building
$14.2M
+43.0%
Commercial (general)
$14.2M
+42.6%
Restaurant
$13.5M
+35.8%
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 Hillsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsboro 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$9,940,000
Current use
MEDICAL BUILDING
$14,215,000
Change: +43% · Conversion: Moderate
COMMERCIAL (GENERAL)
$14,170,000
Change: +43% · Conversion: Moderate
RESTAURANT
$13,495,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$10,640,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$16.00M
Range $14.40M – $17.60M · ±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
$359 / 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
$97,610
Tax year 2023
Assessed value
$5,793,700
Assessed 2023
Previous assessed
$5,624,960
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$1,375,000
Improvement market value
$17,695,330
Total market value
$19,070,330
Applied tax rate
1.0000
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
Heating
NONE
Total area
44,576 SF
Lot
2.01 ac (87,556 SF)
Zoning code
SCR-V
APN
1N226CC-02000
UPID
US71-0815093
Jurisdiction
WASHINGTON
Zoning & alternative use
SCR-V · Hillsboro, ORZoning SCR-V · permitted uses
SCR-V · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The SCR-V zone provides opportunities to create new Mixed Use neighborhoods containing a variety of Housing Types, neighborhood commercial and employment opportunities, designed for both pedestrian sensitivity and auto accommodation
Zone name
Station Community Residential Village
General category
MIXED_USE
Zone area
375.55 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$9.9M
MEDICAL BUILDING
Est. value
$14.2M
COMMERCIAL (GENERAL)
Est. value
$14.2M
RESTAURANT
Est. value
$13.5M
RETAIL STORES
Est. value
$10.6M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
Heating
NONE
Lot
2.01 ac
Current owner
From public records · entity-resolved
Tc Avana I LLC
Entity
Mailing address
655 MONTGOMERY ST STE #1700, SAN FRANCISCO, CA 94111-2633
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2019
$72,750,000
Tc Avana I LLC
Gs Seneca Village LLC
Warranty Deed
$50,000,000 · Keybank USA
Aug 27, 2014
$51,000,000
Gs Seneca Village LLC
Seneca Village Apartments LLC
Special Warranty Deed
$35,700,000 · Capital One Multifamily 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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