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Property profile & analytics
OFF-MARKET
Garden apartment buildings
1064 Shawneehaw Ave Banner Elk, NC 28604
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-2928641
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1954
Construction
CONCRETE BLOCKS
Total area
2,882 SF
Lot
2.56 ac (111,514 SF)
Zoning code
CZ
APN
18581046051900000
UPID
US53-2928641
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
Eggers Family Properties LLC · 1 yrs held
Eggers Family Properties LLC
since 2024
Last sale
$350,000
5 recorded transactions
Zoning & alternative use
CZ · Banner Elk, NC
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 Banner Elk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Banner Elk 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
$1,116
Tax year 2023
Assessed value
$279,100
Assessed 2023
Previous assessed
$279,100
+0.0% YoY
Effective rate
0.40%
On assessed value
Assessed land
$183,300
Assessed improvement
$95,800
Land market value
$183,300
Improvement market value
$95,800
Total market value
$279,100
Applied tax rate
2.0000
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
1954
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
2,882 SF
Lot
2.56 ac (111,514 SF)
Zoning code
CZ
APN
18581046051900000
UPID
US53-2928641
Jurisdiction
AVERY
Zoning & alternative use
CZ · Banner Elk, NCZoning CZ · permitted uses
CZ · Banner Elk, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 152.002 SHORT TITLE.
Building & site characteristics
From public records
Year built
1954
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.56 ac
Current owner
From public records · entity-resolved
Eggers Family Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 1618, BANNER ELK, NC 28604-1618
Ownership since
2024
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
Dec 6, 2024
$350,000
Eggers Family Properties LLC
Martha Jo Beasley
Warranty Deed
—
Feb 9, 2024
$100,000
Martha Jo Beasley
Elizabeth Rutledge
Warranty Deed
—
Nov 1, 2022
—
Martha Jo Beasley
Elsie L Beasley
Intrafamily Transfer
related
—
May 23, 2018
$250,000
Elsie L Beasley
Rouzer Frances L Trust
Warranty Deed
$125,000 · Rouzer Frances L Trust (rt)
Aug 5, 2009
—
Rouzer,frances L Trust
Rouzer,frances L
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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