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Property profile & analytics
OFF-MARKET
Estimated value
$3,490,000
Residential income homes
1120 Arnold Rd Greeneville, TN 37743-6902
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1229611
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1970
Total area
7,688 SF
Lot
10.07 ac (438,649 SF)
Zoning code
A-1
APN
030098C B 01001
UPID
US80-1229611
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
-
Twin Oaks Village Apartment Complex
-
Tired Of It Records Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.49M
Owner & transaction history
Twin Oaks Apartments LLC · 3 yrs held
Twin Oaks Apartments LLC
since 2022
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
A-1 · Greeneville, TN
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 Greeneville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greeneville 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
$3,465,000
ML approach
$3,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.49M
Range $3.14M – $3.84M · ±10% · vs last sale $3.50M (Aug 10 2022)
Last sale anchor
$3.50M
Aug 10 2022
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
$454 / 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
$13,976
Tax year 2023
Assessed value
$417,560
Assessed 2023
Previous assessed
$417,560
+0.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$65,560
Assessed improvement
$352,000
Land market value
$163,900
Improvement market value
$880,000
Total market value
$1,043,900
Applied tax rate
30.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1970
Heating
CENTRAL
Buildings
11
Stories
1
Units
1
Bathrooms
64
Total area
7,688 SF
Lot
10.07 ac (438,649 SF)
Zoning code
A-1
APN
030098C B 01001
UPID
US80-1229611
Jurisdiction
GREENE
Zoning & alternative use
A-1 · Greeneville, TN
Zoning A-1 · permitted uses
A-1 · Greeneville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greeneville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
CENTRAL
Stories
1
Buildings
11
Units
1
Bathrooms
64
Lot
10.07 ac
Current owner
From public records · entity-resolved
Twin Oaks Apartments LLC
Entity
Mailing address
PO BOX 770, JACKSON, NJ 08527-0770
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
$3,500,000
Twin Oaks Apartments LLC
Douglas Wheeler LLC
Warranty Deed
$4,000,000 · Brightbridge INC
Jul 6, 2018
—
Douglas Wheeler LLC
Douglas,charla J L
Quit Claim Deed
related
—
Nov 20, 2006
$950,000
Douglas Wheeler LLC
Fairview Housing Mgmt Corp
Warranty Deed
$1,425,716 · Andrew Johnson Bank
Apr 23, 2002
$1,150,000
Fairview Housing Managemen
Greeneville,mano
Grant Deed
—
Jan 9, 1998
—
Greeneville,manors LLC
—
Deed Of Trust
related
—
—
—
Douglas Wheeler LLC
—
Loan Modification
related
$1,439,500 · Knoxville Tva Emp Cu
—
—
Fairview Housing Mgmt Corp
—
Deed Of Trust
related
$44,016 · Washington County Bank
—
—
Douglas Wheeler LLC
—
Deed Of Trust
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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