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Property profile & analytics
OFF-MARKET
Estimated value
$2,395,000
Garden apartment buildings
150 Fairfield NW Pl Atlanta, GA 30314-1214
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-4334146
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
18,000 SF
Lot
0.86 ac (37,549 SF)
Zoning code
RG2
APN
14 017900030466
UPID
US22-4334146
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
$2.11M
CAP Approach
CAP
$3.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
Dreamscape On Fairfield Apartments · 3 yrs held
Dreamscape On Fairfield Apartments
since 2023
Last sale
$2.4M
5 recorded transactions
Zoning & alternative use
RG2 · Atlanta, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
$2,020,000
ML approach
$2,105,000
CAP Approach
CAP Return
Estimation
6%
$3,310,000
6.5%
$3,055,000
7%
$2,835,000
Blend value · Realmo final
$2.40M
Range $2.16M – $2.63M · ±10% · vs last sale $2.40M (Mar 31 2023)
Last sale anchor
$2.40M
Mar 31 2023
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
$133 / 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
$37,851
Tax year 2023
Assessed value
$914,280
Assessed 2023
Previous assessed
$610,880
+49.7% YoY
Effective rate
4.14%
On assessed value
Assessed land
$125,000
Assessed improvement
$789,280
Land market value
$312,500
Improvement market value
$1,973,200
Total market value
$2,285,700
Applied tax rate
5.0000
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
1966
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
8
Bathrooms
1
Total area
18,000 SF
Lot
0.86 ac (37,549 SF)
Zoning code
RG2
APN
14 017900030466
UPID
US22-4334146
Jurisdiction
FULTON
Zoning & alternative use
RG2 · Atlanta, GA
Zoning RG2 · permitted uses
RG2 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
8
Bathrooms
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Dreamscape On Fairfield Apartments
Individual
Mailing address
1087 CREATWOOD CIR SE, SMYRNA, GA 30080-8212
Ownership since
2023
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
Mar 31, 2023
$2,400,000
Dreamscape On Fairfield Apartments
Pines At Fairfield LLC
Warranty Deed
$2,850,000 · A&s Capital
Nov 26, 2018
$250,000
Pines At Fairfield LLC
Grace Heights Ltd
Grant Deed
$1,121,019 · Reo Management & Holdings LLC
Oct 14, 2016
$200,000
Javon Swint
Vesta Props & Holdings LLC
Warranty Deed
—
Oct 14, 2016
$221,500
Grace Heights Ltd
Swint,javon
Warranty Deed
—
Nov 23, 2010
$450,000
Vesta Props & Holdings LLC
150 Fairfield Place LLC
Grant Deed
related
$185,000 · 150 Fairfield Place LLC
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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