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Property profile & analytics
OFF-MARKET
Estimated value
$75,970,000
Apartment buildings
8900 Sweek Dr 938 Tualatin, OR 97062-7433
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0531272
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Total area
294,220 SF
Lot
15.1 ac (657,756 SF)
Zoning code
RH
APN
2S123A0-00400
UPID
US71-0531272
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
-
ABP Logistics Freight Service Logistics Company
-
Pacific Medical Management Physician
-
Arya at Hedges Creek Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$75.97M
Blend (final)
Blend
$75.97M
Owner & transaction history
Kw Hedges Creek LLC · 9 yrs held
Kw Hedges Creek LLC
since 2016
3 recorded transactions
Zoning & alternative use
RH · Tualatin, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$93.8M
+43.5%
Restaurant
$89.1M
+36.2%
Commercial (general)
$81.5M
+24.7%
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 Tualatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tualatin 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$65,375,000
Current use
MEDICAL BUILDING
$93,810,000
Change: +43% · Conversion: Moderate
RESTAURANT
$89,065,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$81,535,000
Change: +25% · Conversion: Moderate
RETAIL STORES
$65,820,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$75.97M
Range $68.37M – $83.57M · ±10%
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
$258 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$476,122
Tax year 2023
Assessed value
$27,095,810
Assessed 2023
Previous assessed
$26,306,620
+3.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$7,800,000
Improvement market value
$129,444,580
Total market value
$137,244,580
Applied tax rate
23.0000
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
Heating
NONE
Total area
294,220 SF
Lot
15.1 ac (657,756 SF)
Zoning code
RH
APN
2S123A0-00400
UPID
US71-0531272
Jurisdiction
WASHINGTON
Zoning & alternative use
RH · Tualatin, OR
Zoning RH · permitted uses
RH · Tualatin, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tualatin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$65.4M
MEDICAL BUILDING
Est. value
$93.8M
RESTAURANT
Est. value
$89.1M
COMMERCIAL (GENERAL)
Est. value
$81.5M
RETAIL STORES
Est. value
$65.8M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
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
Heating
NONE
Lot
15.1 ac
Current owner
From public records · entity-resolved
Kw Hedges Creek LLC
Entity
Mailing address
151 EL CAMINO DR, BEVERLY HILLS, CA 90212-2704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2016
$93,000,000
Kw Hedges Creek LLC
Svf Hedges Creek Tualatin LLC
Grant Deed
$60,400,000 · Holliday Fenoglio Fowler
Dec 21, 2011
—
Svf Hedges Creek Tualatin LLC
—
Deed Of Trust
related
$23,000,000 · Great-west Life & Annuity Ins
Dec 28, 2007
$55,250,000
Svf Hedges Creek Tualatin LLC
Monadnock Property Trust LLC
Grant Deed
—
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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