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Property profile & analytics
OFF-MARKET
Estimated value
$6,140,000
Apartment buildings
722 Arthur St Kennewick, WA 99336-2135
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-3057208
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Construction
WOOD
Total area
9,024 SF
Lot
0.43 ac (18,687 SF)
Zoning code
35
APN
133994010207001
UPID
US90-3057208
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
-
Red Pines Apartments Apartment Complex
-
River Hill Llc Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.14M
Owner & transaction history
Cre 5800 Partners LLC · 2 yrs held
Cre 5800 Partners LLC
since 2023
Last sale
$6.3M
5 recorded transactions
Zoning & alternative use
35 · Kennewick, 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 Kennewick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennewick 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
$5,780,000
ML approach
$6,205,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.14M
Range $5.53M – $6.75M · ±10% · vs last sale $6.28M (Sep 29 2023)
Last sale anchor
$6.28M
Sep 29 2023
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
$680 / 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
Property tax & assessments
Assessed value
$709,360
Assessed 2023
Previous assessed
$677,350
+4.7% YoY
Assessed land
$66,280
Assessed improvement
$643,080
Land market value
$66,280
Improvement market value
$643,080
Total market value
$709,360
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
1978
Construction
WOOD
Heating
YES
Stories
2
Total area
9,024 SF
Lot
0.43 ac (18,687 SF)
Zoning code
35
APN
133994010207001
UPID
US90-3057208
Jurisdiction
BENTON
Zoning & alternative use
35 · Kennewick, WA
Zoning 35 · permitted uses
35 · Kennewick, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennewick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
WOOD
Heating
YES
Stories
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Cre 5800 Partners LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
$6,284,901
Cre 5800 Partners LLC
Red Pines Holdings LLC
Warranty Deed
$3,800,000 · Boeing Employees Cu
May 30, 2019
$3,475,000
Red Pines Holdings LLC
Riverhill LLC
Trustees Deed
$2,588,000 · Orix R/e Cap
Sep 21, 2012
$460,000
River Hill LLC
Klinginsmith,mardy P & Julie A
Warranty Deed
—
—
—
Riverhill LLC
—
Deed Of Trust
related
$1,708,000 · Berkeley Point Cap
—
—
Riverhill LLC
—
Loan Modification
related
$463,000 · Us Bank NA
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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