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Property profile & analytics
OFF-MARKET
Estimated value
$6,430,000
Garden apartment buildings
1348 Hwy 92, Acworth, GA 30102-2092
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-1165783
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2022
Construction
WOOD
Total area
95,508 SF
Lot
11.83 ac (515,315 SF)
Zoning code
GC
APN
21N06 038
UPID
US22-1165783
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
-
Apartment Apartment Building
-
The Crest at Acworth Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.43M
Owner & transaction history
Crest Acworth Apartments LLC · 5 yrs held
Crest Acworth Apartments LLC
since 2021
Last sale
$5.3M
5 recorded transactions
Zoning & alternative use
GC · Acworth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.6M
+18.8%
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 Acworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Acworth 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
$5,465,000
ML approach
$6,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,110,000
Current use
RETAIL STORES
$9,635,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$6.43M
Range $5.79M – $7.07M · ±10% · vs last sale $5.33M (Mar 24 2021)
Last sale anchor
$5.33M
Mar 24 2021
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
$67 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$129,633
Tax year 2023
Assessed value
$4,932,184
Assessed 2023
Previous assessed
$4,932,184
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$699,178
Assessed improvement
$4,233,006
Land market value
$1,747,946
Improvement market value
$10,582,514
Total market value
$12,330,460
Applied tax rate
1.0000
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
2022
Construction
WOOD
Heating
FORCED AIR
Buildings
11
Bathrooms
2
Total area
95,508 SF
Lot
11.83 ac (515,315 SF)
Zoning code
GC
APN
21N06 038
UPID
US22-1165783
Jurisdiction
CHEROKEE
Zoning & alternative use
GC · Acworth, GA
Zoning GC · permitted uses
GC · Acworth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Acworth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$8.1M
RETAIL STORES
Est. value
$9.6M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Construction
WOOD
Heating
FORCED AIR
Buildings
11
Bathrooms
2
Lot
11.83 ac
Current owner
From public records · entity-resolved
Crest Acworth Apartments LLC
Entity
Free & Clear · 5 yrs held
Mailing address
7000 PEACHTREE DUNWOODY RD BLDG #14, ATLANTA, GA 30328-1655
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
—
Crest Acworth Apartments LLC
—
Deed
related
$37,900 · Guardian Life Insurance Of America
Mar 24, 2021
$5,333,000
Crest Acworth Apartments LLC
Trg Acworth LLC
Limited Warranty Deed
—
Dec 18, 2018
$200,000
Narendra D Patel
Trg Acworth LLC
Grant Deed
—
Dec 17, 2018
$3,232,840
Trg Acworth LLC
Piyasena,harischandra G
Grant Deed
—
Dec 17, 2018
—
Trg Acworth LLC
Motley D & N Trust
Quit Claim Deed
related
—
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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