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Property profile & analytics
OFF-MARKET Estimated value $685,000
Apartment buildings

8410 27th W St 8414 University Place, WA 98466-2762

4,576 SF 0.53 ac lot Built 1980
Trust Owned 13-yr Hold ~ Est. High Equity
Property ID
US90-0668810
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1980
Construction WOOD FRAME
Total area 4,576 SF
Lot 0.53 ac (23,100 SF)
Zoning code MU
APN 220098008
UPID US90-0668810
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
$805k
Comparable Approach Comparable
$451k
Blend (final) Blend
$685k
Owner & transaction history
Tien Hong Duong Living Trust · 13 yrs held
Tien Hong Duong Living Trust
since 2013
5 recorded transactions
2022
Price N/A
2013
$859,000
2006
$795,000
2005
Price N/A
1969
Price N/A
Zoning & alternative use
MU · University Place, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Mixed Use - Office (MU-O). It is the City’s intent to create a well-balanced, well-organized combination of land uses that recognizes historic development patterns and protects adjoining residential neighborhoods from incompatible uses. The MU-O classification serves as a transition zone providing separation between more intense commercial activities and res…

Zone name Mixed Use
General category MIXED_USE
Zone area 9.20 ac
Top alternative use upside
Medical building $1.1M +18.2%
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