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Property profile & analytics
OFF-MARKET
Estimated value
$18,735,000
Apartment buildings
7612 Timberlake Rd Lynchburg, VA 24502-2354
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1782262
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2001
Construction
FRAME
Total area
192,704 SF
Lot
8.35 ac (363,726 SF)
APN
254 02 001
UPID
US87-1782262
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
-
The Vistas At Dreaming Creek Apartment Complex Apartment Building
-
Drive This Way INC Training Center Vocational School
-
Rockfish Gap Country Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$23.54M
Comparable Approach
Comparable
$13.96M
Blend (final)
Blend
$18.74M
Owner & transaction history
Vistas II LLC · 5 yrs held
Vistas II LLC
since 2020
4 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 Lynchburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynchburg 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%
$25,495,000
6.5%
$23,535,000
7%
$21,855,000
Blend value · Realmo final
$18.74M
Range $16.86M – $20.61M · ±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
$97 / 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
$111,508
Tax year 2024
Assessed value
$12,529,000
Assessed 2024
Previous assessed
$12,529,000
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,670,000
Assessed improvement
$10,859,000
Land market value
$1,670,000
Improvement market value
$10,859,000
Total market value
$12,529,000
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
2001
Construction
FRAME
Heating
NONE
Buildings
9
Stories
1
Rooms
22
Total area
192,704 SF
Lot
8.35 ac (363,726 SF)
APN
254 02 001
UPID
US87-1782262
Jurisdiction
LYNCHBURG CITY
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
2001
Construction
FRAME
Heating
NONE
Stories
1
Buildings
9
Rooms
22
Lot
8.35 ac
Current owner
From public records · entity-resolved
Vistas II LLC
Entity
Mailing address
1821 AVON ST EXT #200, CHARLOTTESVILLE, VA 22902-8721
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2020
—
Vistas II LLC
Vistas LP
Deed
$21,840,000 · Berkadia Commercial Mtg LLC
Jun 23, 2010
—
Vistas II L L C
The Vistas LP
Gift Deed
related
—
Jan 26, 2010
—
Vistas II L L C
Vistas L P
Correction Deed
related
—
Apr 3, 2007
—
Vistas II L L C
The Vistas L P
Gift Deed
related
$8,500,000 · Regions Bank
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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