Building Details

Building Size 1,534 SF

Year Built 1984

Listing Agency: Atlanta Fine Homes Sotheby's International

Listed By: First MLS Show Phone

Source: Kw

Added: Aug 21, 2025 Changed: Oct 3 Last Checked: Oct 14 at 9:50PM

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Investment Insights

Based on property information with market context.

This well-maintained condo features a split bedroom plan, making it suitable for roommates or guests. The two-story unit offers flexibility with a primary suite option on either the main or upper floor. Both bathrooms have been updated, with the main floor bath completely renovated and the upper floor bath featuring a new vanity and fresh paint. The open floor plan includes a vaulted ceiling in the oversized living space, which leads to a screened-in porch with treetop views. The kitchen is equipped with granite counters, an eat-in area, and freshly painted white cabinets. The unit provides ample flexibility with a spacious primary suite on the main level and an equally large bedroom on the upper level, along with a third bedroom. Two walk-in closets and two professionally designed closets maximize storage throughout the home. All windows have been replaced for high efficiency and lower monthly utility costs. Located in a sought-after community with a pool, the property is situated in a prime Dunwoody location, next door to Brooke Run Park. Brooke Run Park is the largest park in Dunwoody and features a playground, a 2-mile multi-use trail, a skate park, a disc golf course, a dog park, a community garden, two artificial turf baseball fields, an amphitheater, event pavilions, and a Treetop Quest adventure course. The community is known for its low turnover, amenities, location, and proximity to major highways, while being tucked away on a peaceful street. The property has 3 bedrooms and a size of 1534 square feet.

Key Highlights

• Prime Dunwoody location next door to Brook Run Park.
• Flexible 3‑bedroom plan with split bedroom layout.
• Updated bathrooms with new vanity and fresh paint.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,608

Cap Rate

6.34%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$412,160 $412.2K

Cap Rate 7%

$294,400 $294.4K

Cap Rate 9%

$228,978 $229.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,534 SF

Gross rent

$39.9K $26.04/SF

− Vacancy

−$2.5K −$1.61/SF

EGI

$37.5K $24.43/SF

− OpEx

−$16.9K −$10.99/SF

NOI

$20.6K $13.43/SF

Area

DeKalb County, GA

Vacancy

6.20%

Lease Rate

$26.04 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$412,160

Cap Rate 7%

$294,400

Cap Rate 9%

$228,978

Alternative Uses

Best Use

Apartment 5plus

$294.4K

$257.6K – $343.5K (±1% cap)

NOI $20,608 @ 7.0% cap · market cap 6.34%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$428.8K

$375.2K – $500.3K (±1% cap)

NOI $30,017 @ 7.0% cap · market cap 9.24%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Barber Shop Big Box & Wholesale Store Daycare Center Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

648

Businesses Nearby

Explore this area Business Placement

Demographics for 30338, GA

37,650

Population

17,591

Households

2.1

Avg Household Size

38

Median Age

76%

College-Educated

98%

High-School Grad

9.9 sq mi

ZIP Area

3,803

Density / Sq Mi

$122,931

Median Household Income

$83,788

Median Earnings

$1,812

Median Rent

$592,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Well-maintained condo with split bedroom plan and updated bathrooms.

Where is this apartment building located?

The property is located at 4502 Pineridge Circle Dunwoody, GA.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Prime Dunwoody location next door to Brook Run Park.; Flexible 3‑bedroom plan with split bedroom layout.; Updated bathrooms with new vanity and fresh paint.