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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Garden apartment buildings
1231 Clairmont Rd Decatur, GA 30030-1257
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0071206
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1966
Total area
5,890 SF
Lot
6.86 ac (298,822 SF)
APN
18 051 08 004
UPID
US22-0071206
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
-
The Apartments At President Park Real Estate Agency
-
Emory University Resident College
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
$999k
Blend (final)
Blend
$935k
Owner & transaction history
Seliug Presidentis Park LLC · 13 yrs held
Seliug Presidentis Park LLC
since 2013
6 recorded transactions
Zoning & alternative use
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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$585,000
CAP Approach
CAP Return
Estimation
6%
$1,320,000
6.5%
$1,215,000
7%
$1,130,000
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±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
$159 / 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
$109,387
Tax year 2024
Assessed value
$5,587,280
Assessed 2024
Previous assessed
$2,404,840
+132.3% YoY
Effective rate
1.96%
On assessed value
Assessed land
$1,097,920
Assessed improvement
$4,489,360
Land market value
$2,744,800
Improvement market value
$11,223,400
Total market value
$13,968,200
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
1966
Heating
NONE
Cooling
YES
Buildings
11
Stories
2
Units
80
Total area
5,890 SF
Lot
6.86 ac (298,822 SF)
APN
18 051 08 004
UPID
US22-0071206
Jurisdiction
DE KALB
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Cooling
Yes
Stories
2
Buildings
11
Units
80
Lot
6.86 ac
Current owner
From public records · entity-resolved
Seliug Presidentis Park LLC
Entity
Mailing address
1100 SPG ST NW STE #550, ATLANTA, GA 30309-2857
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2013
$6,150,000
Seliug Presidentis Park LLC
Carter Clairmont Ppa LLC
Grant Deed
—
Jun 10, 2013
—
Selig Presidents Park LLC
Carter Clairmont Ppa LLC
Quit Claim Deed
related
—
Jan 24, 2007
—
Perry Borenstein
Coinmach Corp
Grant Deed
related
—
Sep 13, 2004
—
Aaron Borenstein
Borenstein,aaron & Harry
Quit Claim Deed
related
$1,800,000 · Bank Of North Georgia Mortgage
Sep 13, 2004
$1,795,500
Aaron Borenstein
Oberlander Properties
Grant Deed
—
—
—
Aaron Borenstein
—
Deed Of Trust
related
$2,000,000 · Crescent Bank & Trust Co
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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