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Property profile & analytics
OFF-MARKET
Garden apartment buildings
1101 Kingston Pl, Thomasville, NC 27360-3554
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-2168646
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2000
Construction
FRAME
Total area
9,760 SF
Lot
3.52 ac (153,331 SF)
Zoning code
OI
APN
16-325-0-000-0095-B
UPID
US53-2168646
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
Kingston Ridge Essential Housing Ll · 3 yrs held
Kingston Ridge Essential Housing Ll
since 2023
Last sale
$5.5M
3 recorded transactions
Zoning & alternative use
OI · Thomasville, 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 Thomasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thomasville 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
Assessed value
$2,817,560
Assessed 2023
Previous assessed
$2,818,360
0.0% YoY
Land market value
$140,800
Improvement market value
$2,676,760
Total market value
$2,817,560
Applied tax rate
16.0000
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
2000
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
6
Stories
2
Units
8
Bathrooms
2
Total area
9,760 SF
Lot
3.52 ac (153,331 SF)
Zoning code
OI
APN
16-325-0-000-0095-B
UPID
US53-2168646
Jurisdiction
DAVIDSON
Zoning & alternative use
OI · Thomasville, NC
Zoning OI · permitted uses
OI · Thomasville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thomasville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
6
Units
8
Bathrooms
2
Lot
3.52 ac
Current owner
From public records · entity-resolved
Kingston Ridge Essential Housing Ll
Individual
Mailing address
8383 CRAIG ST STE #240, INDIANAPOLIS, IN 46250-3596
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2023
$5,470,500
Kingston Ridge Essential Housing Ll
Kingston Rigde Harmony Housing LLC
Special Warranty Deed
$478,660 · Federal National Mortgage Association
Sep 4, 2019
—
Kingston Ridge Harmony Hsng Ll
—
Grant Deed
related
$23,656,000 · Keybank USA
Jul 23, 2019
$2,450,000
Kingston Ridge Harmony Hsng Ll
Kingston Ridge LLC
Grant Deed
—
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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