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Property profile & analytics
OFF-MARKET
Apartment buildings
935 2nd St, Mcminnville, OR 97128-5235
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1885804
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
1.77 ac (77,101 SF)
Zoning code
C1
APN
R4420AC 01700
UPID
US71-1885804
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
-
Tierra Vista Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sth 1 LLC · 7 yrs held
Sth 1 LLC
since 2018
6 recorded transactions
Zoning & alternative use
C1 · Mcminnville, OR
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 Mcminnville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcminnville 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
—
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
$28,482
Tax year 2023
Assessed value
$1,685,105
Assessed 2023
Previous assessed
$1,636,024
+3.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$1,156,515
Improvement market value
$5,013,585
Total market value
$6,170,100
Applied tax rate
40.0000
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 (5+ UNITS)
Status
Off-Market
Heating
NONE
Lot
1.77 ac (77,101 SF)
Zoning code
C1
APN
R4420AC 01700
UPID
US71-1885804
Jurisdiction
YAMHILL
Zoning & alternative use
C1 · Mcminnville, OR
Zoning C1 · permitted uses
C1 · Mcminnville, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcminnville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.77 ac
Current owner
From public records · entity-resolved
Sth 1 LLC
Entity
Mailing address
130 SW 2ND AVE STE #103, CANBY, OR 97013-4157
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2018
$354,000
Sth 1 LLC
Lomabard 2018 LLC
Warranty Deed
$2,500,000 · Columbia State Bank
Aug 22, 2018
—
Lombard 2018 LLC
Fuller Properties Ptshp III Gp
Grant Deed
—
Aug 30, 2013
$2,160,000
Properties Ptshp Fuller III
Bennett Charles A JR Trust
Dual Purpose Document
related
$2,160,000 · Bennett Charles A JR Tr (pt)
Aug 30, 2013
$1,350,000
Bennett,charles A JR Trust
Schouten & Fuller LLC
Grant Deed
related
—
May 4, 2006
$900,000
Schouten & Fuller LLC
Db & B INC
Warranty Deed
—
Jul 30, 1997
$890,000
Schouten & Fuller LLC
Db & B INC
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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