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Property profile & analytics
OFF-MARKET
Garden apartment buildings
1040 Sandtown SW Rd, Marietta, GA 30008-3322
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1635028
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1971
Total area
33,240 SF
Lot
2.43 ac (105,851 SF)
Zoning code
RM-12
APN
17021200120
UPID
US22-1635028
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
Current use
Occupant on record · Public records
-
Chattahoochee Tech College
-
The Parks at Marietta Real Estate Agency
-
Park@Broadway Apartment Complex
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
Marietta 5 Apartments LLC · 4 yrs held
Marietta 5 Apartments LLC
since 2021
Last sale
$15.0M
7 recorded transactions
Zoning & alternative use
RM-12 · Marietta, GA
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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,971
Tax year 2024
Assessed value
$1,533,200
Assessed 2024
Previous assessed
$1,044,760
+46.8% YoY
Effective rate
0.85%
On assessed value
Assessed land
$495,384
Assessed improvement
$1,037,816
Land market value
$1,238,460
Improvement market value
$2,594,540
Total market value
$3,833,000
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
1971
Heating
NONE
Buildings
2
Units
42
Total area
33,240 SF
Lot
2.43 ac (105,851 SF)
Zoning code
RM-12
APN
17021200120
UPID
US22-1635028
Jurisdiction
COBB
Zoning & alternative use
RM-12 · Marietta, GA
Zoning RM-12 · permitted uses
RM-12 · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Buildings
2
Units
42
Lot
2.43 ac
Current owner
From public records · entity-resolved
Marietta 5 Apartments LLC
Entity
Mailing address
3921 OLD CHISMVILLE RD, GREENWOOD, AR 72936-6907
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2021
$14,964,000
Marietta 5 Apartments LLC
Balfour Woodcrest LLC
Limited Warranty Deed
$12,331,000 · Arbor Commercial Funding LLC
Sep 28, 2018
—
Balfour Woodcrest LLC
—
Deed
related
$2,280,000 · Cbre Cap Markets
Jun 20, 2017
—
Balfour Woodcrest LLC
Woodcrest Apartments LLC
Quit Claim Deed
related
—
Jun 20, 2017
$2,150,000
Balfour Woodcrest LLC
Woodcrest Apartments LLC
Grant Deed
related
$1,605,000 · Cbre Cap Markets
Apr 7, 2016
—
Woodcrest Apartments LLC
Dh Property Holdings LLC
Quit Claim Deed
related
—
Apr 7, 2016
$1,125,000
Woodcrest Apartments LLC
Dh Property Holdings LLC
Grant Deed
$900,000 · Quantum Nat'l Bk
—
—
Balfour Woodcrest LLC
—
Deed Of Trust
related
$2,280,000 · Cbre Cap Markets
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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