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Property profile & analytics
OFF-MARKET
Estimated value
$35,230,000
Apartment buildings
Matthews Rd Malvern, PA 19355
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-4089837
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2015
Total area
338,507 SF
Lot
2.08 ac (90,387 SF)
Zoning code
R2
APN
4204 02661700
UPID
US73-4089837
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
$35.23M
Owner & transaction history
Worthington Assocs Unit A-1 Ow · 8 yrs held
Worthington Assocs Unit A-1 Ow
since 2018
2 recorded transactions
Zoning & alternative use
R2 · Malvern, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ocated. C. Base districts. For the purpose of this chapter, the Borough of Malvern is hereby divided into 18 classes of base districts which shall be designated as follows: Article IV R1 - Residential District Article V R2 - Residential District Article VI R3 (R3a and R3b) - Residential Districts Article VII R4 - Residential District Article VIII R5 - Reside…
Zone name
Residential 39.6 Acres
General category
RESIDENTIAL
Zone area
39.65 ac
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 Malvern submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malvern 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
$104 / 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
$685,179
Tax year 2024
Assessed value
$23,910,500
Assessed 2024
Previous assessed
$23,910,500
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$406,740
Assessed improvement
$23,503,760
Land market value
$406,740
Improvement market value
$23,811,780
Total market value
$24,218,520
Applied tax rate
42.0000
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
Year built
2015
Heating
FORCED AIR
Cooling
CENTRAL
Units
253
Total area
338,507 SF
Lot
2.08 ac (90,387 SF)
Zoning code
R2
APN
4204 02661700
UPID
US73-4089837
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Malvern, PAZoning R2 · permitted uses
R2 · Malvern, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ocated. C. Base districts. For the purpose of this chapter, the Borough of Malvern is hereby divided into 18 classes of base districts which shall be designated as follows: Article IV R1 - Residential District Article V R2 - Residential District Article VI R3 (R3a and R3b) - Residential Districts Article VII R4 - Residential District Article VIII R5 - Residential District Article IX R6 - Residential District Article X R7 - Residential Dis
Zone name
Residential 39.6 Acres
General category
RESIDENTIAL
Zone area
39.65 ac
Building & site characteristics
From public records
Year built
2015
Heating
FORCED AIR
Cooling
Yes
Units
253
Lot
2.08 ac
Current owner
From public records · entity-resolved
Worthington Assocs Unit A-1 Ow
Individual
Mailing address
2201 RENAISSANCE BLVD UNIT A-1, KING OF PRUSSIA, PA 19406-2709
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2018
—
Worthington Assocs Unit A-1 Ow
—
Grant Deed
related
$47,000,000 · Deutsche Bk Ag/ny Branch
—
—
Worthington Assocs Unit A-1 Ow
—
Deed Of Trust
related
$48,000,000 · Loancore Cap Credit Reit LLC
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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