Entity Owned Property summary
AI-generated overview
Bonham Bay Townhomes is a multifamily property located in the Mid-Town area of Wilmington, North Carolina, near Downtown Wilmington, UNCW, CFCC, shopping, entertainment, medical services, public transportation, and beaches. The property comprises 11 townhome units, with each unit approximately 1,000 square feet. Each unit is configured with two bedrooms, two full bathrooms, an additional powder room, a private entry, and an outdoor patio, along with off-street parking. The property’s multifamily zoning supports development potential, and the community is managed through an established property management structure.
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1991
Construction
WOOD FRAME
Total area
5,796 SF
Lot
0.64 ac (27,878 SF)
Zoning code
MF-M,MULTI FAM MED DEN
APN
R05514-001-024-000
UPID
US53-1320055
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Counselor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.46M
Owner & transaction history
since 2022
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
MF-M,MULTI FAM MED DEN · Wilmington, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.46M
Value range
$2.21M – $2.70M
±10% around blend
Estimated value / SF
$424 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$2.21M
blend $2.46M
$2.70M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,796 SF
Lot area
0.64 ac
Year built
1991
Stories
1
APN
R05514-001-024-000
Zoning
MF-M,MULTI FAM MED DEN
Assessed value
$1,166,000
Annual tax
$9,853
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.46M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 20 sales
$1,349
-69%
Submarket 60 sales
$954
-56%
County 63 sales
$861
-51%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $424/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.10M
Move the market yield to see immediate price impact.
Value / SF
$362
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$132k
$2.65M
$1.89M
$1.47M
$147k
$2.94M
$2.10M
$1.63M
$162k
$3.23M
$2.31M
$1.80M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,853
Tax year 2023
Assessed value
$1,166,000
Assessed 2023
Previous assessed
$1,166,000
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$107,500
Assessed improvement
$1,058,500
Land market value
$107,500
Improvement market value
$1,058,500
Total market value
$1,166,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1991
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
5
Total area
5,796 SF
Lot
0.64 ac (27,878 SF)
Zoning code
MF-M,MULTI FAM MED DEN
APN
R05514-001-024-000
UPID
US53-1320055
Jurisdiction
NEW HANOVER
Zoning & alternative use
MF-M,MULTI FAM MED DEN · Wilmington, NCZoning MF-M,MULTI FAM MED DEN · permitted uses
MF-M,MULTI FAM MED DEN · Wilmington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1991
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
5
Lot
0.64 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MF-M,MULTI FAM MED DEN
Jurisdiction
Wilmington, NC
Recorded code
MF-M,MULTI FAM MED DEN
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MF-M,MULTI FAM MED DEN in Wilmington, NC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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