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Property profile & analytics
OFF-MARKET
Estimated value
$25,500,000
Apartment buildings
8975 Sweek Dr 438 Tualatin, OR 97062-7427
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0961422
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Total area
88,852 SF
Lot
4.67 ac (203,425 SF)
Zoning code
RH
APN
2S123A0-00300
UPID
US71-0961422
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
by Request
Comparable Approach
Comparable
$25.50M
Blend (final)
Blend
$25.50M
Owner & transaction history
Kw Hedges Creek LLC · 9 yrs held
Kw Hedges Creek LLC
since 2016
4 recorded transactions
Zoning & alternative use
RH · Tualatin, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$28.3M
+43.5%
Restaurant
$26.9M
+36.2%
Commercial (general)
$24.6M
+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)
$19,745,000
Current use
MEDICAL BUILDING
$28,330,000
Change: +43% · Conversion: Moderate
RESTAURANT
$26,895,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$24,625,000
Change: +25% · Conversion: Moderate
RETAIL STORES
$19,875,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$25.50M
Range $22.95M – $28.05M · ±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
$287 / 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
$159,826
Tax year 2023
Assessed value
$9,095,590
Assessed 2023
Previous assessed
$8,830,670
+3.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$2,400,000
Improvement market value
$40,877,240
Total market value
$43,277,240
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
88,852 SF
Lot
4.67 ac (203,425 SF)
Zoning code
RH
APN
2S123A0-00300
UPID
US71-0961422
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
$19.7M
MEDICAL BUILDING
Est. value
$28.3M
RESTAURANT
Est. value
$26.9M
COMMERCIAL (GENERAL)
Est. value
$24.6M
RETAIL STORES
Est. value
$19.9M
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
4.67 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
4 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
—
Jan 21, 2004
$186,870
Dutch Bros LLC
Zian LP
Grant Deed
$330,000 · Home Valley Bank
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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