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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Garden apartment buildings
1118 Boundary St 1 Conway, SC 29526-3357
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US77-0067309
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Construction
STEEL FRAME
Total area
5,940 SF
Lot
4.4 ac (191,664 SF)
Zoning code
R2
APN
338-03-01-0017
UPID
US77-0067309
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 Village at Patriots Place Apartment Complex
-
Carolina Acres Property Management Company
-
Roco specialities junk removal Discount Store Waste Management Facility
-
Century Properties Management Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$945k
Owner & transaction history
Patriot Ventures LLC · 6 yrs held
Patriot Ventures LLC
since 2019
7 recorded transactions
Zoning & alternative use
R2 · Conway, SC
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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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
Method
Estimation
Statistic approach
by Request
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$159 / SF
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
$51,381
Tax year 2023
Assessed value
$188,901
Assessed 2023
Effective rate
27.20%
On assessed value
Assessed land
$50,049
Assessed improvement
$138,852
Land market value
$834,150
Improvement market value
$2,314,200
Total market value
$3,148,350
Applied tax rate
110.0000
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
1972
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
4
Total area
5,940 SF
Lot
4.4 ac (191,664 SF)
Zoning code
R2
APN
338-03-01-0017
UPID
US77-0067309
Jurisdiction
HORRY
Zoning & alternative use
R2 · Conway, SC
Zoning R2 · permitted uses
R2 · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Buildings
4
Lot
4.4 ac
Current owner
From public records · entity-resolved
Patriot Ventures LLC
Entity
Mailing address
1245 S GRAND AVE, PASADENA, CA 91105-2835
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2019
$3,150,000
Patriot Ventures LLC
Conway Ventures LLC
Warranty Deed
$2,050,000 · Arbor Com'l Fndg
Jul 9, 2019
—
Conway Ventures LLC
—
Deed
related
$220,000 · Dlp Income & Growth Fund I LLC
Dec 19, 2018
—
Conway Ventures LLC
—
Deed
related
$2,000,000 · Dlp Income & Growth Fund I LLC
Nov 8, 2018
—
Conway Ventures LLC
—
Deed
related
$2,000,000 · Dlp Income & Growth Fund I LLC
Oct 11, 2017
$2,200,000
Conway Ventures LLC
1118 Boundary Street 64 Units
Grant Deed
—
Feb 7, 2014
—
1118 Boundary Street 64 Units
Patriots Place LLC
Deed In Lieu Of Foreclosure
related
—
Nov 22, 2010
—
Carolina Acres LLC
Cedar Street LLC
Quit Claim Deed
related
—
Nov 22, 2010
$1,200,000
Patriots Place LLC
Carolina Acres LLC
Grant Deed
—
Jan 30, 2006
$1,790,000
Carolina Acres LLC
Boundary Street LLC
Grant Deed
—
Apr 22, 2004
$1,300,000
Boundary Street LLC
Low Country Apartments LLC
Grant Deed
—
Nov 25, 2003
$826,000
Low Country Apartments LLC
—
Grant Deed
related
—
Jun 27, 2001
—
Jrc Moss Grove LLC
—
Deed Of Trust
related
—
Jun 28, 2000
$2,100,000
Sc/ga Apartment Venture Ll
—
Grant Deed
related
—
Dec 22, 1999
$2,100,000
Sc Ptrs Jrc
—
Grant Deed
related
—
—
—
Conway Ventures LLC
—
Deed Of Trust
related
$2,000,000 · Dlp Income & Growth Fund I LLC
—
—
Conway Ventures LLC
—
Deed Of Trust
related
$2,000,000 · Dlp Income & Growth Fund I LLC
—
—
Conway Ventures LLC
—
Deed Of Trust
related
$220,000 · Dlp Income & Growth Fund I LLC
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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