Technical
Financial
Distress signals
Property profile

8501 Locust E Ave Bonney Lake, WA 98391

OFF-MARKET
Apartment buildings
Property ID
US90-0852128
3,040 SF 0.59 ac lot Built 1979
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1979
Construction WOOD FRAME
Total area 3,040 SF
Lot 0.59 ac (25,840 SF)
Zoning code R3
APN 5340000080
UPID US90-0852128

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping General Contractor
  • Apartment Building

Location

8501 Locust E Ave Bonney Lake, WA 98391-8755
Bonney Lake metro Census 70308 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2007
6 recorded transactions
2007
$685,000
1999
$385,000
1998
$182,237
1995
Price N/A
1995
$248,000
1990
$205,000

Zoning & alternative use

R3 · Bonney Lake, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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