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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Apartment buildings
925 College Ave, College Place, WA 99324-1536
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1985163
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1980
Total area
4,444 SF
Lot
0.25 ac (10,864 SF)
APN
350736601239
UPID
US90-1985163
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
$575k
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$564k
Blend (final)
Blend
$560k
Owner & transaction history
925 S College Ave LLC · 5 yrs held
925 S College Ave LLC
since 2021
Last sale
$545,098
7 recorded transactions
Zoning & alternative use
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 College Place submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College Place 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
$565,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$530,000
6.5%
$485,000
7%
$455,000
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $545k (May 24 2021)
Last sale anchor
$545k
May 24 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
$126 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$5,322
Tax year 2021
Assessed value
$463,080
Assessed 2023
Previous assessed
$463,080
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$73,000
Assessed improvement
$390,080
Land market value
$73,000
Improvement market value
$390,080
Total market value
$463,080
Applied tax rate
75.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 (5+ UNITS)
Status
Off-Market
Year built
1980
Heating
BASEBOARD
Cooling
YES
Stories
2
Rooms
6
Bathrooms
6
Total area
4,444 SF
Lot
0.25 ac (10,864 SF)
APN
350736601239
UPID
US90-1985163
Jurisdiction
WALLA WALLA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Heating
BASEBOARD
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
6
Lot
0.25 ac
Current owner
From public records · entity-resolved
925 S College Ave LLC
Entity
Mailing address
5301 RIPLEY LN N, RENTON, WA 98056-1502
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2023
—
925 S College Ave LLC
—
Deed
related
$204,000 · Matthew P Flynn Etal
May 24, 2021
—
925 S College Ave LLC
Flynn Properties LLC
Quit Claim Deed
related
$339,753 · Baker Boyer National Bank
Feb 22, 2021
$545,098
Flynn Properties LLC
Nw Residential Properties LLC
Warranty Deed
—
Apr 11, 2017
—
Nw Residential Properties LLC
—
Deed
related
$146,000 · Umpqua Bank
Sep 5, 2014
—
City Of College Place
Nw Residential Properties LLC
Correction Deed
related
—
Jul 8, 2014
—
City Of College Place
Dave Hamby
Warranty Deed
—
Dec 13, 2013
—
Nw Residential Properties LLC
David Hamby
Bargain And Sale Deed
—
Aug 31, 2006
$288,000
David Hamby
James T Wenzel
Warranty Deed
$216,000 · First Independence Bank
Feb 25, 2005
$179,673
James T Wenzel
David S Platt
Warranty 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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