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Property profile & analytics
OFF-MARKET
Estimated value
$1,860,000
Assisted living facilities
8609 Portland E Ave, Tacoma, WA 98445-4187
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1754344
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2002
Construction
WOOD FRAME
Total area
45,188 SF
Lot
4.16 ac (181,079 SF)
Zoning code
ROC
APN
320341206
UPID
US90-1754344
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
-
King's Manor Senior Living Community Nursing Home Retirement Community
-
King's Manor Assisted Living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.86M
Owner & transaction history
Christ The King Community Outreach · 7 yrs held
Christ The King Community Outreach
since 2018
7 recorded transactions
Zoning & alternative use
ROC · Tacoma, 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 Tacoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tacoma 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
$41 / 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
$7,184
Tax year 2024
Assessed value
$7,190,100
Assessed 2024
Previous assessed
$7,190,100
+0.0% YoY
Effective rate
0.10%
On assessed value
Assessed land
$1,216,600
Assessed improvement
$5,973,500
Land market value
$1,216,600
Improvement market value
$5,973,500
Total market value
$7,190,100
Applied tax rate
515.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2002
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
3
Units
64
Total area
45,188 SF
Lot
4.16 ac (181,079 SF)
Zoning code
ROC
APN
320341206
UPID
US90-1754344
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
ROC · Tacoma, WA
Zoning ROC · permitted uses
ROC · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tacoma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
64
Lot
4.16 ac
Current owner
From public records · entity-resolved
Christ The King Community Outreach
Individual
Mailing address
8609 PORTLAND AVE E, TACOMA, WA 98445-4187
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2018
—
Christ The King Community Outreach
King S Manor LLC
Warranty Deed
—
Dec 18, 2017
—
Kings Manor LLC
—
Deed
related
$7,137,000 · Mission Inv Fund/evangelical L
Jul 14, 2016
—
Kings Manor LLC
—
Deed
related
$6,315,000 · Foundation Bank
Jul 1, 2016
$831,305
Kings Manor LLC
Howdens Kings Manor LLC
Warranty Deed
—
Apr 5, 2007
—
Kings Manor LLC
—
Grant Deed
related
$17,655,000 · Foundation Bank
Nov 18, 2005
$250,000
Masseys Kings Manor LLC
Kings Manor LLC
Warranty Deed
—
Nov 18, 2005
$350,000
Siaws Kings Manor LLC
Kings Manor LLC
Warranty Deed
—
Nov 18, 2005
$390,000
Smiths Kings Manor LLC
Kings Manor LLC
Warranty Deed
—
Nov 18, 2005
$500,000
Lees Kings Manor LLC
Kings Manor LLC
Warranty Deed
—
Nov 18, 2005
$100,000
Howdens Kings Manor LLC
Kings Manor LLC
Warranty Deed
—
Nov 18, 2005
$302,976
Mackays Kings Manor LLC
Kings Manor LLC
Warranty Deed
—
Jan 11, 2002
—
Kings Manor LLC
—
Deed Of Trust
related
$5,350,000 · Us Bank NA
May 3, 1999
—
Christ The King Community
Lutheran Church Of Christ
Quit Claim Deed
related
—
—
—
Christ The King Community Outr
—
Deed Of Trust
related
$84,172 · Viking Community Bank
—
—
Christ The King Community Outr
—
Deed Of Trust
related
$300,000 · Pierce Commercial Bank
—
—
Kings Manor LLC
—
Deed Of Trust
related
$7,137,000 · Mission Inv Fund/evangelical L
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.
Try Rey
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