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Property profile & analytics
OFF-MARKET
Estimated value
$54,000,000
Garden apartment buildings
1455 Spg SE Rd Smyrna, GA 30080-3761
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1096965
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2017
Total area
477,544 SF
Lot
4.61 ac (200,889 SF)
Zoning code
MU
APN
17055900400
UPID
US22-1096965
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
-
SYNC at Jonquil Apartment Building Apartment Rental Agency
-
Nya Reneé Aesthetics Hair Salon Nail Salon
-
Ewaul Persaud Medical Clinic
-
Laneice Garden Party Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$55.49M
Blend (final)
Blend
$54.00M
Owner & transaction history
Sync At Jonquil LP · 7 yrs held
Sync At Jonquil LP
since 2018
7 recorded transactions
Zoning & alternative use
MU · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The MU district is established to provide locations for planned and mixed use development of commercial, office and residential uses. This is intended to encourage compatible mixed uses within the boundaries of properties delineated within or on the edge of a central business district, mixed use, community activity center or regional activity center as defin…
Zone name
Mixed Use
General category
MIXED_USE
Zone area
230.89 ac
Source
Realmo
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$84,745,000
Current use
Blend value · Realmo final
$54.00M
Range $48.60M – $59.40M · ±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
$113 / 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
$830,228
Tax year 2024
Assessed value
$30,568,040
Assessed 2024
Previous assessed
$22,360,000
+36.7% YoY
Effective rate
2.72%
On assessed value
Assessed land
$1,522,536
Assessed improvement
$29,045,504
Land market value
$3,806,340
Improvement market value
$72,613,760
Total market value
$76,420,100
Applied tax rate
6.0000
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
2017
Heating
NONE
Buildings
3
Units
266
Total area
477,544 SF
Lot
4.61 ac (200,889 SF)
Zoning code
MU
APN
17055900400
UPID
US22-1096965
Jurisdiction
COBB
Zoning & alternative use
MU · Smyrna, GAZoning MU · permitted uses
MU · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The MU district is established to provide locations for planned and mixed use development of commercial, office and residential uses. This is intended to encourage compatible mixed uses within the boundaries of properties delineated within or on the edge of a central business district, mixed use, community activity center or regional activity center as defined and shown on the most recently adopted version of the City of Smyrna Comprehensive Plan
Zone name
Mixed Use
General category
MIXED_USE
Zone area
230.89 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$84.7M
APARTMENT HOUSE (5+ UNITS) Current
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
2017
Heating
NONE
Buildings
3
Units
266
Lot
4.61 ac
Current owner
From public records · entity-resolved
Sync At Jonquil LP
Entity
Free & Clear · 7 yrs held
Mailing address
770 S POST OAK LN STE #500, HOUSTON, TX 77056-1974
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2018
—
Sync At Jonquil LP
Wdf-4 Wood Jonquil Owner LLC
Quit Claim Deed
related
—
Aug 28, 2018
$64,000,000
Sync At Jonquil LP
Wdf-4 Wood Jonquil Owner LLC
Grant Deed
—
May 20, 2016
$6,000,000
Wdf-4 Wood Jonquil Owner LLC
Halpern Ents INC
Grant Deed
$32,250,000 · Branch Bk&tr
Mar 14, 2016
—
Halpern Ents INC
City Of Smyrna
Quit Claim Deed
related
—
Jun 20, 2011
—
T & C Land LLC
Maxwell,lawrence T & Cheri
Quit Claim Deed
—
Jan 28, 2011
$5,050,000
Lawrence T Maxwell
Twelve Points Georgia LLC
Trustees Deed
—
Feb 15, 2007
$4,500,000
Jonquil Towne Center LLC
Post Properties INC
Grant Deed
—
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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