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Property profile & analytics
OFF-MARKET
Apartment buildings
7703 27th W St, University Place, WA 98466-4142
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-0862777
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
WOOD FRAME
Total area
2,772 SF
Lot
0.88 ac (38,280 SF)
Zoning code
MU
APN
220102218
UPID
US90-0862777
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Windsor Square Apartments LLC · 17 yrs held
Windsor Square Apartments LLC
since 2009
6 recorded transactions
Zoning & alternative use
MU · University Place, 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 University Place submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs University Place 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$47,937
Tax year 2024
Assessed value
$4,057,800
Assessed 2024
Previous assessed
$4,057,800
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,468,800
Assessed improvement
$2,589,000
Land market value
$1,468,800
Improvement market value
$2,589,000
Total market value
$4,057,800
Applied tax rate
752.0000
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
1970
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
CENTRAL
Buildings
3
Stories
2
Units
3
Total area
2,772 SF
Lot
0.88 ac (38,280 SF)
Zoning code
MU
APN
220102218
UPID
US90-0862777
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MU · University Place, WA
Zoning MU · permitted uses
MU · University Place, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
University Place. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
2
Buildings
3
Units
3
Lot
0.88 ac
Current owner
From public records · entity-resolved
Windsor Square Apartments LLC
Entity
Mailing address
PO BOX 111088, TACOMA, WA 98411-1088
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2019
—
Windsor Square Apartments LLC
—
Grant Deed
related
$5,500,000 · Boeing Emps Cu
Apr 17, 2009
$1,290,000
Windsor Square Apartments LLC
Redd Family LLC
Warranty Deed
—
Jun 30, 1999
$692,000
Redd Family LLC
Godfrey Trust
Grant Deed
$519,000 · Cascade Bank
May 25, 1994
$655,000
Norman R Godfrey
Windsor Square A
Grant Deed
$496,000 · Columbia State Bank
—
—
Windsor Square Apartments LLC
—
Deed Of Trust
related
$4,725,000 · Heritage Bank
—
—
Norman R Godfrey
—
Deed Of Trust
related
$13,517 · Department Public Utilities Li
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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