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Property profile & analytics
OFF-MARKET
Estimated value
$290,000
Garden apartment buildings
Covington Way Vienna, WV 26105
Individually Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US94-0063826
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1945
Total area
2,328 SF
Lot
17.2 ac (749,232 SF)
APN
54-04- 110-00S1.0000
UPID
US94-0063826
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
$290k
Owner & transaction history
Props Parkersburg Phase I · 16 yrs held
Props Parkersburg Phase I
since 2010
6 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 Vienna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vienna 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$290k
Range $261k – $319k · ±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
$125 / 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
$112,210
Tax year 2024
Assessed value
$4,716,300
Assessed 2024
Previous assessed
$4,716,300
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$183,000
Assessed improvement
$4,533,300
Land market value
$305,000
Improvement market value
$7,555,500
Total market value
$7,860,500
Applied tax rate
4.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1945
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
85
Rooms
7
Bathrooms
1
Total area
2,328 SF
Lot
17.2 ac (749,232 SF)
APN
54-04- 110-00S1.0000
UPID
US94-0063826
Jurisdiction
WOOD
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
1945
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
85
Rooms
7
Bathrooms
1
Lot
17.2 ac
Current owner
From public records · entity-resolved
Props Parkersburg Phase I
Individual
Mailing address
101 WYNDHAM KNOB, PARKERSBURG, WV 26104-9498
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Oct 6, 2020
—
Pope Prop Parkersburg Phase II
—
Deed
related
$9,500,000 · Wesbanco Bk
Nov 14, 2016
—
Pope Props Parkersburg Phase I
—
Deed
related
$9,280,000 · Wesbanco Bk
Aug 10, 2010
—
Props Parkersburg Phase I
Pope,joseph M
Quit Claim Deed
related
$9,500,000 · Wesbanco Bank INC
Apr 22, 2010
$225,000
Joseph M
Chalfant,john E
Grant Deed
$296,000 · First Neighborhood Bank
—
—
Pope Props Parkersburg Phase I
—
Deed Of Trust
related
$9,280,000 · Wesbanco Bk
—
—
Pope Prop Parkersburg Phase II
—
Deed Of Trust
related
$9,500,000 · Wesbanco Bk
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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