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Property profile & analytics
OFF-MARKET
Garden apartment buildings
111 Marietta NE Pkwy, Marietta, GA 30060-1478
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1444381
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1879
Total area
147,029 SF
Lot
3.05 ac (132,666 SF)
Zoning code
PRD MF
APN
16115900070
UPID
US22-1444381
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
-
The Usual Suspects, LLC Photography Service (Bike/Boat/Book/etc) Store
-
C&M Tree Services LLC Landscaping General Contractor
-
Brumby Lofts Apartments Apartment Complex Apartment Building
-
Vinyl Siding Repair of Atlanta Construction Company General Contractor
-
323 Technologies Tech Support Center IT Consulting Firm
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
1031 Equity Brumby Tic LLC · 2 yrs held
1031 Equity Brumby Tic LLC
since 2023
Last sale
$325,000
5 recorded transactions
Zoning & alternative use
PRD MF · 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
$100,411
Tax year 2024
Assessed value
$11,868,880
Assessed 2024
Previous assessed
$4,862,240
+144.1% YoY
Effective rate
0.85%
On assessed value
Assessed land
$344,932
Assessed improvement
$11,523,948
Land market value
$862,330
Improvement market value
$28,809,870
Total market value
$29,672,200
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
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
1879
Heating
NONE
Buildings
2
Units
131
Total area
147,029 SF
Lot
3.05 ac (132,666 SF)
Zoning code
PRD MF
APN
16115900070
UPID
US22-1444381
Jurisdiction
COBB
Zoning & alternative use
PRD MF · Marietta, GA
Zoning PRD MF · permitted uses
PRD MF · 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
1879
Heating
NONE
Buildings
2
Units
131
Lot
3.05 ac
Current owner
From public records · entity-resolved
1031 Equity Brumby Tic LLC
Entity
Free & Clear · 2 yrs held
Mailing address
100 PEACHTREE ST NW, ATLANTA, GA 30303-1906
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
$1,760,000
1031 Equity Brumby Tic LLC
Co Invest Brumby Tic LLC
Limited Warranty Deed
—
Dec 1, 2023
$325,000
1031 Equity Brumby Tic LLC
Small Brumby Tic LLC
Limited Warranty Deed
—
Dec 1, 2023
—
1031 Equity Brumby Tic LLC
Small Brumby Tic LLC
Quit Claim Deed
related
—
Mar 15, 2022
$37,650,000
Coro Brumby Tic LLC
Brumby Property Investors LLC
Limited Warranty Deed
$93,981,000 · Prime Finance Short Duration Holdin
Mar 15, 2022
—
Small Brumby Tic LLC
Brumby Property Investors LLC
Intrafamily Transfer
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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