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Property profile & analytics
OFF-MARKET
Garden apartment buildings
1080 Allen Rd, Greenville, NC 27834-9200
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-1432108
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2007
Total area
31,820 SF
Lot
4.61 ac (200,812 SF)
Zoning code
MR
APN
74102
UPID
US53-1432108
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
-
House Discounts, Inc Real Estate Agency
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
Waterford Place Greenville LLC · 3 yrs held
Waterford Place Greenville LLC
since 2022
Last sale
$11.4M
6 recorded transactions
Zoning & alternative use
MR · Greenville, NC
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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$77,228
Tax year 2023
Assessed value
$5,770,585
Assessed 2023
Previous assessed
$5,770,585
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$207,450
Assessed improvement
$5,563,135
Land market value
$207,450
Improvement market value
$5,563,135
Total market value
$5,770,585
Applied tax rate
40.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2007
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
3
Bathrooms
14
Total area
31,820 SF
Lot
4.61 ac (200,812 SF)
Zoning code
MR
APN
74102
UPID
US53-1432108
Jurisdiction
PITT
Zoning & alternative use
MR · Greenville, NC
Zoning MR · permitted uses
MR · Greenville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Buildings
2
Bathrooms
14
Lot
4.61 ac
Current owner
From public records · entity-resolved
Waterford Place Greenville LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2424 PO BOX 92129TH RD #999, SOUTHLAKE, TX 76092-0102
Ownership since
2022
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 5, 2022
$11,442,000
Waterford Place Greenville LLC
Hpi Waterford IV LLC
Special Warranty Deed
—
Apr 3, 2020
—
Hpi Waterford IV LLC
Waterford Place Apts IV LLC
Correction Deed
related
—
Mar 30, 2020
—
Hpi Waterford IV LLC
Waterford Place Apts IV LLC
Quit Claim Deed
related
—
Mar 30, 2020
$12,750
Hpi Waterford IV LLC
Waterford Place Apts IV LLC
Grant Deed
related
—
Mar 1, 2007
—
Waterford Place Apts IV LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Waterford Place Apartments IV
—
Deed Of Trust
related
$6,355,600 · Berkadia Com'l Mtg
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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