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Property profile & analytics
OFF-MARKET
Estimated value
$41,280,000
Garden apartment buildings
1202 Wexford Hls SE Pkwy Smyrna, GA 30080-5755
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-0518526
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1971
Total area
504,744 SF
Lot
44.36 ac (1,932,322 SF)
Zoning code
RM-12
APN
17055300030
UPID
US22-0518526
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
$42.32M
Blend (final)
Blend
$41.28M
Owner & transaction history
Cumberland Pointe Apts Hldgs L · 6 yrs held
Cumberland Pointe Apts Hldgs L
since 2019
7 recorded transactions
Zoning & alternative use
RM-12 · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$41.28M
Range $37.15M – $45.41M · ±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
$82 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$633,154
Tax year 2024
Assessed value
$23,312,000
Assessed 2024
Previous assessed
$23,312,000
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$5,027,948
Assessed improvement
$18,284,052
Land market value
$12,569,870
Improvement market value
$45,710,130
Total market value
$58,280,000
Applied tax rate
6.0000
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
1971
Heating
NONE
Buildings
9
Units
439
Total area
504,744 SF
Lot
44.36 ac (1,932,322 SF)
Zoning code
RM-12
APN
17055300030
UPID
US22-0518526
Jurisdiction
COBB
Zoning & alternative use
RM-12 · Smyrna, GA
Zoning RM-12 · permitted uses
RM-12 · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Buildings
9
Units
439
Lot
44.36 ac
Current owner
From public records · entity-resolved
Cumberland Pointe Apts Hldgs L
Individual
Mailing address
1200 LK HEARN DR NE STE #200, ATLANTA, GA 30319-1445
Mailing matches property
Yes
Owner-occupied
Yes
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2019
$66,000,000
Cumberland Pointe Apts Hldgs L
Ashford Woods LLC
Trustees Deed
$46,270,000 · Grandbridge R/e Cap
Dec 7, 2017
—
Ashford Woods LLC
—
Deed
related
$39,012,000 · Cbre Cap Markets
Dec 20, 2016
—
Ashford Woods LLC
—
Deed
related
$150,000,000 · Cbre Cap Markets
Aug 22, 2014
$26,979,000
Ashford Woods LLC
Related Keeneland Farms LLC
Grant Deed
—
Aug 5, 2011
$4,150,000
Related Keeneland Farms LLC
Cam Disposition Holdco LLC
Quit Claim Deed
related
—
Aug 5, 2011
$12,450,000
Cam Keeneland Farms LLC
Cam Disposition Holdco LLC
Grant Deed
related
—
Feb 4, 2011
—
Cam Disposition Holdco LLC
Federal Natl Mtg Assn Fnma
Grant Deed
related
—
Feb 4, 2011
$23,891,443
Federal Natl Mtg Assn Fnma
Keeneland Farms Apartments LLC
Trustees Deed
related
—
Jul 30, 2008
$1,000
Keeneland Farms Apartments LLC
Ld Apartments LLC
Quit Claim Deed
related
$23,000,000 · Wells Fargo Bk NA
Jul 11, 2008
$1,000
Keeneland Farms Apartments LLC
Ld Apartments LLC
Grant Deed
related
—
Jun 6, 2006
—
Ld Apartments LLC
Watch Hldgs LLC
Quit Claim Deed
related
$30,225,000 · General Electric Capital Corp
Jun 6, 2006
$17,750,000
Ld Apartments LLC
Watch Holdings LLC
Grant Deed
—
May 31, 2006
$1,775,000
Ld Apartments LLC
Maq Kingstowne Assoc Ltd
Grant Deed
—
May 31, 2006
—
Ld Apartments LLC
Maq Kingstowne Assoc Ltd
Grant Deed
related
—
—
—
Ashford Woods LLC
—
Deed Of Trust
related
$150,000,000 · Cbre Cap Markets
—
—
Ashford Woods LLC
—
Deed Of Trust
related
$39,012,000 · Cbre Cap Markets
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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