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Property profile & analytics
OFF-MARKET
Garden apartment buildings
1183 Hairston Rd, Stone Mountain, GA 30083
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1995742
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1984
Total area
7,516 SF
Lot
20 ac (871,200 SF)
Zoning code
RM100
APN
18 124 01 109
UPID
US22-1995742
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
-
Family Dentistry Dental Office
-
Coble Linda Dental Office
-
Reid Jr William T DDS Dental Office
-
Assertive Community Treatment Social Service Agency Charitable Organization
-
Stone Mountain Family Medicine Medical Clinic
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
Hariston Woods Property LP · 3 yrs held
Hariston Woods Property LP
since 2022
Last sale
$38.3M
7 recorded transactions
Zoning & alternative use
RM100 · Stone Mountain, 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 Stone Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stone Mountain 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
$348,499
Tax year 2024
Assessed value
$7,680,000
Assessed 2024
Previous assessed
$7,680,000
+0.0% YoY
Effective rate
4.54%
On assessed value
Assessed land
$921,600
Assessed improvement
$6,758,400
Land market value
$2,304,000
Improvement market value
$16,896,000
Total market value
$19,200,000
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
1984
Heating
NONE
Cooling
YES
Buildings
31
Stories
2
Units
240
Total area
7,516 SF
Lot
20 ac (871,200 SF)
Zoning code
RM100
APN
18 124 01 109
UPID
US22-1995742
Jurisdiction
DE KALB
Zoning & alternative use
RM100 · Stone Mountain, GA
Zoning RM100 · permitted uses
RM100 · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stone Mountain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Cooling
Yes
Stories
2
Buildings
31
Units
240
Lot
20 ac
Current owner
From public records · entity-resolved
Hariston Woods Property LP
Entity
Mailing address
4810 RUE JEAN TALON O 408TH XX
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jul 13, 2022
$38,335,588
Hariston Woods Property LP
Stone Mountain Equity Fund LLC
Limited Warranty Deed
$34,080,000 · Mf1 Capital
Jun 1, 2021
$30,000,000
Stone Mountain Equity Fund LLC
Hairston Woods Holdings LLC
Limited Warranty Deed
$23,020,000 · Us Bank
Jun 14, 2019
$20,780,000
Hairston Woods Holdings LLC
1173 N Hairston Road Stone Mtn
Trustees Deed
$19,990,000 · Arbor Realty SR
Apr 11, 2016
$9,400,000
Hairston Woods Apartments LLC
Krc Bridge LLC
Grant Deed
$7,760,000 · Arbor Com'l Fndg
Jun 8, 2012
$6,050,000
Marquise Bridge LLC
Blue Valley Apartments INC
Grant Deed
$4,000,000 · Cmfg Life Ins Co
Jul 6, 2011
$5,000,000
Blue Valley Apartments INC
Cam Disposition Holdco LLC
Grant Deed
—
Apr 11, 2011
$8,313,973
Federal Natl Mtg Assn Fnma
Double View Ventures LLC
Trustees Deed
related
—
Apr 11, 2011
—
Cam Disposition Holdco LLC
Federal Natl Mtg Assn Fnma
Grant Deed
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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