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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Apartment buildings
9409 Ash St Tacoma, WA 98444-3055
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-3259607
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1980
Construction
FRAME
Total area
3,456 SF
Lot
0.27 ac (11,711 SF)
Zoning code
R3
APN
9785520140
UPID
US90-3259607
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
$610k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Gre Waverly LLC · 10 yrs held
Gre Waverly LLC
since 2016
7 recorded transactions
Zoning & alternative use
R3 · Tacoma, WA
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 Tacoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tacoma 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%
$660,000
6.5%
$610,000
7%
$565,000
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$152 / 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
$8,445
Tax year 2024
Assessed value
$759,300
Assessed 2024
Previous assessed
$759,300
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$234,500
Assessed improvement
$524,800
Land market value
$234,500
Improvement market value
$524,800
Total market value
$759,300
Applied tax rate
5.0000
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
1980
Construction
FRAME
Heating
ELECTRIC
Stories
2
Units
4
Bathrooms
4
Total area
3,456 SF
Lot
0.27 ac (11,711 SF)
Zoning code
R3
APN
9785520140
UPID
US90-3259607
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Tacoma, WAZoning R3 · permitted uses
R3 · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinance Table
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
ELECTRIC
Stories
2
Units
4
Bathrooms
4
Lot
0.27 ac
Current owner
From public records · entity-resolved
Gre Waverly LLC
Entity
Mailing address
10 INVERNESS DR E STE #250, ENGLEWOOD, CO 80112-5612
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2017
—
Gre Waverly LLC
—
Grant Deed
related
$24,000,000 · Walker & Dunlop
Apr 29, 2016
$3,302,719
Gre Waverly LLC
Waverly Villas LLC
Warranty Deed
$15,100,000 · Us Bank NA
Apr 29, 2016
—
Als Waverly Villas LLC
Waverly Villas LLC
Quit Claim Deed
—
Oct 10, 2003
—
Waverly Villas LLC
—
Grant Deed
related
$1,838,000 · Evertrust Bank
Aug 1, 2003
$273,399
Waverly Villas LLC
Lee,martyn L
Grant Deed
—
Mar 14, 1991
$110,000
Robert A Mac Call
Unknown
Grant Deed
$107,800 · Seller
Dec 17, 1990
$80,000
John Kist JR.
Norwest,mort
Grant Deed
$80,000 · Key Bank Of Washington
Jun 2, 1989
$135,000
Mary Shand
—
Grant Deed
related
$135,562 · Norwest Mortgage INC
—
—
Martyn L Lee
—
Deed Of Trust
related
$146,250 · Ameriquest Mortgage Corp
—
—
Waverly Villas LLC
—
Deed Of Trust
related
$1,902,000 · Arcs Commercial Mortgage Co LP
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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