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Property profile & analytics
OFF-MARKET
Estimated value
$32,605,000
Apartment buildings
8719 Woodman Way Sacramento, CA 95826-2004
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US09-2464206
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1975
Construction
WOOD
Total area
122,704 SF
Lot
7.64 ac (332,798 SF)
Zoning code
RD-30 (PC)
APN
078-0013-009-0000
UPID
US09-2464206
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
-
Apex on the River Apartment Complex Apartment Building
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
La Riviera Commons Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$29.66M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$32.61M
Owner & transaction history
Hra Apex LLC · 5 yrs held
Hra Apex LLC
since 2021
Last sale
$31.0M
7 recorded transactions
Zoning & alternative use
RD-30 (PC) · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$38.5M
+5.9%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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
$38,765,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$32,125,000
6.5%
$29,655,000
7%
$27,535,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$36,350,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$38,490,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$31,395,000
Change: -14% · Conversion: Difficult
MEDICAL BUILDING
$31,245,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$32.61M
Range $29.34M – $35.87M · ±10% · vs last sale $31.00M (Feb 25 2021)
Last sale anchor
$31.00M
Feb 25 2021
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
$266 / 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
$388,913
Tax year 2024
Assessed value
$32,897,447
Assessed 2024
Previous assessed
$32,897,447
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,820,348
Assessed improvement
$29,077,099
Applied tax rate
53.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
144
Total area
122,704 SF
Lot
7.64 ac (332,798 SF)
Zoning code
RD-30 (PC)
APN
078-0013-009-0000
UPID
US09-2464206
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-30 (PC) · Sacramento, CA
Zoning RD-30 (PC) · permitted uses
RD-30 (PC) · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$36.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$38.5M
AUTO REPAIR, GARAGE
Est. value
$31.4M
MEDICAL BUILDING
Est. value
$31.2M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
144
Lot
7.64 ac
Current owner
From public records · entity-resolved
Hra Apex LLC
Entity
Mailing address
601 UN ST STE #1401, SEATTLE, WA 98101-1363
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
—
Hra Apex LLC
—
Deed
related
$24,760,000 · Jll Real Estate Capital LLC
Feb 25, 2021
$31,000,000
Hra Apex LLC
Crefiii Rci La Riviera LLC
Grant Deed
$20,370,000 · Cbre Multifamily Capital INC
Aug 31, 2018
$21,000,000
Crefiii-rci La Riviera LLC
La Riviera Commons LLC
Trustees Deed
related
$17,217,193 · Compass Bk
—
—
La Riviera Commons LLC
—
Deed Of Trust
related
$7,362,000 · Private Lender
—
—
Woodman Group
—
Deed Of Trust
related
$500,000 · La Riviera Commo
—
—
La Riviera Apartments LLC
—
Deed Of Trust
related
$4,685,700 · Pw Funding INC
—
—
La Riviera Commons LLC
—
Deed Of Trust
related
$5,940,000 · Pw Funding INC
—
—
Woodman Group
—
Deed Of Trust
related
$5,228,000 · Pw Funding INC
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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