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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Garden apartment buildings
1284 Brockett Rd Clarkston, GA 30021
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4732955
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
13,746 SF
Lot
17.2 ac (749,232 SF)
Zoning code
X
APN
18 143 08 005
UPID
US22-4732955
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
$1.40M
Blend (final)
Blend
$1.62M
Owner & transaction history
Portofino Owner LLC · 6 yrs held
Portofino Owner LLC
since 2019
7 recorded transactions
Zoning & alternative use
X · 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
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
$1.62M
Range $1.45M – $1.78M · ±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
$117 / 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
$376,575
Tax year 2024
Assessed value
$14,775,000
Assessed 2024
Previous assessed
$7,278,336
+103.0% YoY
Effective rate
2.55%
On assessed value
Assessed land
$2,372,696
Assessed improvement
$12,402,304
Land market value
$5,931,739
Improvement market value
$31,005,761
Total market value
$36,937,500
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
1973
Heating
NONE
Cooling
YES
Buildings
23
Stories
2
Units
234
Bathrooms
2
Total area
13,746 SF
Lot
17.2 ac (749,232 SF)
Zoning code
X
APN
18 143 08 005
UPID
US22-4732955
Jurisdiction
DE KALB
Zoning & alternative use
X · Clarkston, GA
Zoning X · permitted uses
X · 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
1973
Heating
NONE
Cooling
Yes
Stories
2
Buildings
23
Units
234
Bathrooms
2
Lot
17.2 ac
Current owner
From public records · entity-resolved
Portofino Owner LLC
Entity
Mailing address
4445 WILLARD AVE STE #900, CHEVY CHASE, MD 20815-3788
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2019
$18,954,000
Portofino Owner LLC
Republic Portofino Apts LP
Correction Deed
related
—
Oct 22, 2019
—
Portofino Owner LLC
Republic Portofino Apts LP
Correction Deed
related
—
Oct 9, 2019
—
Portofino Owner LLC
Republic Portofino Apts LP
Quit Claim Deed
related
—
Oct 9, 2019
$18,954,000
Portofino Owner LLC
Republic Portofino Apts LP
Grant Deed
related
—
Feb 1, 2016
—
Republic Portofino Apartment S
1250 Brockett LLC
Quit Claim Deed
related
—
May 16, 2014
$2,597,900
1250 Brockett LLC
Highland Villas LLC
Grant Deed
—
Feb 3, 2009
$6,695,000
Wells Fargo Bank NA
Miles Brockett Chase LLC
Grant Deed
related
—
—
—
Highland Villas LLC
—
Deed Of Trust
related
$4,650,000 · Walker & Dunlop
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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