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Property profile & analytics
OFF-MARKET
Garden apartment buildings
Chagrin Blvd Beachwood, OH 44122
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-3522745
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Lot
0.04 ac (1,755 SF)
Zoning code
U-3
APN
742-14-033
UPID
US66-3522745
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Andmark Beachwood Apratments LLC · 2 yrs held
Andmark Beachwood Apratments LLC
since 2023
5 recorded transactions
Zoning & alternative use
U-3 · Beachwood, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
moved or maintained in a U-3 District only for the uses set forth in this section and the use regulations of this Code. (a) Main Uses . Multi-family dwellings. (b) Accessory Uses . Accessory uses shall be designated and intended to principally serve the apartment residents. Such accessory uses shall be as follows: (1) Parking. (2) Car washes, provided that:…
Zone name
Apartment House
General category
UNKNOWN
Zone area
70.25 ac
Source
codified ordinances
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 Beachwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beachwood 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
$298
Tax year 2023
Assessed value
$3,610
Assessed 2023
Previous assessed
$3,610
+0.0% YoY
Effective rate
8.25%
On assessed value
Assessed land
$3,610
Land market value
$10,300
Total market value
$10,300
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Heating
NONE
Lot
0.04 ac (1,755 SF)
Zoning code
U-3
APN
742-14-033
UPID
US66-3522745
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-3 · Beachwood, OHZoning U-3 · permitted uses
U-3 · Beachwood, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
moved or maintained in a U-3 District only for the uses set forth in this section and the use regulations of this Code. (a) Main Uses . Multi-family dwellings. (b) Accessory Uses . Accessory uses shall be designated and intended to principally serve the apartment residents. Such accessory uses shall be as follows: (1) Parking. (2) Car washes, provided that: A. No washing or detailing activities are conducted outside of the building. B. There is no advertising or signage associated with the car wash. C. Washing is by hand only and no automated wash systems are used. D. The wash area does not exceed six-hundred (600) square feet. (3) Signs in conformance with
Zone name
Apartment House
General category
UNKNOWN
Zone area
70.25 ac
Source
codified ordinances
Building & site characteristics
From public records
Heating
NONE
Lot
0.04 ac
Current owner
From public records · entity-resolved
Andmark Beachwood Apratments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1211 W 22ND ST STE #408, OAK BROOK, IL 60523-2117
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2023
—
Andmark Beachwood Apratments LLC
Beachwood Apartments LLC
Limited Warranty Deed
—
Apr 9, 2018
—
Beachwood Apartments LLC
Morgan Deville Apartments LLC
Trustees Deed
related
$29,292,000 · Berkeley Point Cap
May 3, 2012
—
Morgan Deville Apartments LLC
—
Deed Of Trust
related
$14,475,000 · Keycorp R E Capital Marketing
Sep 16, 2011
—
Beachwood Villas South Gci LLC
Beachwood Villa South LLC
Quit Claim Deed
related
—
Sep 14, 2001
—
Beachwood Villa South LLC
Goldberg,allan & Larry
Quit Claim Deed
related
—
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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