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Property profile & analytics
OFF-MARKET
Garden apartment buildings
1220 Oakplace SW Dr Marietta, GA 30008-3793
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4496802
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1984
Total area
4,352 SF
Lot
0.33 ac (14,375 SF)
Zoning code
PRD MF
APN
17015300260
UPID
US22-4496802
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rajesh Vijay · 4 yrs held
Rajesh Vijay
since 2021
Last sale
$313,000
7 recorded transactions
Zoning & alternative use
PRD MF · Marietta, 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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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
$1,399
Tax year 2024
Assessed value
$165,400
Assessed 2024
Previous assessed
$165,320
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$13,456
Assessed improvement
$151,944
Land market value
$33,640
Improvement market value
$379,860
Total market value
$413,500
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
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
Units
4
Total area
4,352 SF
Lot
0.33 ac (14,375 SF)
Zoning code
PRD MF
APN
17015300260
UPID
US22-4496802
Jurisdiction
COBB
Zoning & alternative use
PRD MF · Marietta, GA
Zoning PRD MF · permitted uses
PRD MF · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Units
4
Lot
0.33 ac
Current owner
From public records · entity-resolved
Rajesh Vijay
Individual
Mailing address
3332 KEENLAND RD, MARIETTA, GA 30062-7035
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 12, 2021
—
Rajesh Vijay
Rajesh Vijay
Intrafamily Transfer
related
—
Jul 9, 2021
—
Rajesh Vijay
—
Deed
related
$218,500 · Quicken Loans LLC
May 17, 2021
—
Rajesh Vijay
Rajesh Vijay
Intrafamily Transfer
related
—
Feb 14, 2019
—
Ssg Group Trust
Vijay,rajesh
Warranty Deed
related
—
Dec 7, 2017
$313,000
Rajesh Vijay
Mcneal,antoine
Grant Deed
$234,750 · Caliber Hm Loans
Feb 23, 2005
$274,500
Antonie Mcneal
Colley,william R
Grant Deed
$219,200 · Guaranty Mortgage
—
—
Antoine C Mcneal
—
Deed Of Trust
related
$79,900 · Usaa Fsb
—
—
Antione|wonnum Jerome Mcneal
—
Deed Of Trust
related
$188,600 · Greenlight Loans
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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