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Property profile & analytics
OFF-MARKET
Estimated value
$16,820,000
Garden apartment buildings
1204 Brockett Rd Clarkston, GA 30021-1603
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1147547
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1983
Total area
15,204 SF
Lot
18.62 ac (811,087 SF)
Zoning code
RM85
APN
18 119 01 027
UPID
US22-1147547
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
-
Birch Run Apartment Homes Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.82M
Owner & transaction history
Birch Run Wg LLC · 1 yrs held
Birch Run Wg LLC
since 2025
Last sale
$20.8M
7 recorded transactions
Zoning & alternative use
RM85 · Clarkston, 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 Clarkston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarkston 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
$22,970,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.82M
Range $15.14M – $18.50M · ±10% · vs last sale $20.79M (Feb 16 2025)
Last sale anchor
$20.79M
Feb 16 2025
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
$1,106 / 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
$389,013
Tax year 2024
Assessed value
$10,801,080
Assessed 2024
Previous assessed
$10,191,120
+6.0% YoY
Effective rate
3.60%
On assessed value
Assessed land
$532,072
Assessed improvement
$10,269,008
Land market value
$1,330,180
Improvement market value
$25,672,520
Total market value
$27,002,700
Applied tax rate
34.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1983
Heating
NONE
Cooling
YES
Buildings
22
Stories
2
Units
208
Total area
15,204 SF
Lot
18.62 ac (811,087 SF)
Zoning code
RM85
APN
18 119 01 027
UPID
US22-1147547
Jurisdiction
DE KALB
Zoning & alternative use
RM85 · Clarkston, GA
Zoning RM85 · permitted uses
RM85 · Clarkston, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clarkston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Cooling
Yes
Stories
2
Buildings
22
Units
208
Lot
18.62 ac
Current owner
From public records · entity-resolved
Birch Run Wg LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4145 POWELL RD, POWELL, OH 43065-8066
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
May 16, 2025
$20,790,000
Birch Run Wg LLC
Fb Birch Run LLC
Deed
—
Feb 11, 2021
$23,275,000
Fb Birch Run LLC
Pm Birch Run Clarkston LLC
Warranty Deed
$14,010,000 · Key Bank
Aug 18, 2017
—
Birch 27 LLC
Birch Run Partners LLC
Quit Claim Deed
related
—
Aug 18, 2017
$2,568,960
Taurus Mm Holdings LLC
Birch Run Partners LLC
Grant Deed
related
—
Nov 7, 2016
—
Birch Run Apartments LLC
—
Deed
related
$8,000,000 · Private Individual
Jan 16, 2015
$7,001,000
Birch Run Apartments LLC
Ga Highland Enclave LLC
Grant Deed
$6,500,000 · Rait Ptshp
Mar 22, 2011
—
Ga Highland Enclave LLC
Miles-fox Hollow LLC
Grant Deed
$92,700,000 · Bank/america NA 2007-whale 8
—
—
Birch Run Apartments LLC
—
Deed Of Trust
related
$8,000,000 · Private Individual
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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