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Property profile & analytics
OFF-MARKET
Estimated value
$3,905,000
High-rise multifamily apartments
1525 Laurel Xing Pkwy, Buford, GA 30519-6562
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1646383
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2001
Construction
WOOD
Total area
31,452 SF
Lot
39.27 ac (1,710,601 SF)
Zoning code
RM10-MULTI-FAM RES
APN
7-145 -078
UPID
US22-1646383
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
-
Summer Park Apartments Apartment Complex Apartment Building
-
MEDYEST GROUP INTERNATIONAL LLC Newspaper & Magazine Television Studio
-
Cleaning Culture of Atlanta Upholstery Cleaning Service Carpet Cleaning Service
-
Lovely by Lina Hair Salon
-
Savvy Smiles Photography Wedding Service Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.17M
Blend (final)
Blend
$3.91M
Owner & transaction history
Summer Park Whitman LLC · 6 yrs held
Summer Park Whitman LLC
since 2020
7 recorded transactions
Zoning & alternative use
RM10-MULTI-FAM RES · Buford, 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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
$3.91M
Range $3.51M – $4.30M · ±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
$124 / 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
$880,460
Tax year 2023
Assessed value
$24,524,800
Assessed 2023
Previous assessed
$24,524,800
+0.0% YoY
Effective rate
3.59%
On assessed value
Assessed land
$5,816,040
Assessed improvement
$18,708,760
Land market value
$14,540,100
Improvement market value
$46,771,900
Total market value
$61,312,000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
13
Stories
3
Total area
31,452 SF
Lot
39.27 ac (1,710,601 SF)
Zoning code
RM10-MULTI-FAM RES
APN
7-145 -078
UPID
US22-1646383
Jurisdiction
GWINNETT
Zoning & alternative use
RM10-MULTI-FAM RES · Buford, GA
Zoning RM10-MULTI-FAM RES · permitted uses
RM10-MULTI-FAM RES · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Buildings
13
Lot
39.27 ac
Current owner
From public records · entity-resolved
Summer Park Whitman LLC
Entity
Mailing address
6340 S 3000TH E STE #500, SALT LAKE CITY, UT 84121-3550
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
52 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2020
—
Summer Park Whitman LLC
Cottonwood Summer Pk Cash LLC
Quit Claim Deed
related
$44,620 · Berkadia Com'l Mtg
Dec 1, 2015
$1,251,000
Cottonwood Summer Park Cash Ll
Eliason Summer Park Xxix LLC
Grant Deed
—
Dec 1, 2015
$2,502,000
Cottonwood Summer Park Cash Ll
Eliason Summer Park I LLC
Grant Deed
—
Dec 1, 2015
$1,580,500
Cottonwood Summer Park Cash Ll
Eliason Summer Park Xxv LLC
Grant Deed
—
Dec 1, 2015
$892,400
Cottonwood Summer Park Cash Ll
Eliason Summer Park Xxiii LLC
Grant Deed
—
Dec 1, 2015
$900,800
Cottonwood Summer Park Cash Ll
Eliason Summer Park Xxxii LLC
Grant Deed
—
Dec 1, 2015
$1,112,100
Cottonwood Summer Park Cash Ll
Eliason Summer Park Xiv LLC
Grant Deed
—
Dec 1, 2015
$150,900
Cottonwood Summer Park Cash Ll
Eliason Summer Park Xi LLC
Grant Deed
—
Dec 1, 2015
$875,700
Cottonwood Summer Park Cash Ll
Eliason Summer Park IV LLC
Grant Deed
—
Dec 1, 2015
$834,000
Summer Park Whitman LLC
Eliason Summer Park Xxviii LLC
Grant Deed
related
—
Dec 1, 2015
$1,167,000
Summer Park Whitman LLC
Eliason Summer Park Xviii LLC
Grant Deed
related
—
Dec 1, 2015
$1,668,000
Summer Park Whitman LLC
Eliason Summer Park Xv LLC
Grant Deed
related
—
Dec 1, 2015
$821,500
Cottonwood Summer Park Cash Ll
Eliason Summer Park Xiii LLC
Grant Deed
related
—
Dec 1, 2015
$967,500
Summer Park Whitman LLC
Eliason Summer Park Xvii LLC
Grant Deed
related
—
Dec 1, 2015
$154,800
Summer Park H LLC
Eliason Summer Park Xi LLC
Grant Deed
related
—
Dec 1, 2015
$692,300
Summer Park Whitman LLC
Eliason Summer Park Xx LLC
Grant Deed
related
—
Aug 22, 2014
$1,077,500
Summer Park H LLC
Eliason Summer Park Xxxiv LLC
Grant Deed
related
—
Aug 22, 2014
$1,091,500
Summer Park H LLC
Eliason Summer Park Xxvii LLC
Grant Deed
related
—
Aug 22, 2014
$626,500
Summer Park H LLC
Eliason Summer Park Xxxiii LLC
Grant Deed
related
—
Aug 22, 2014
$595,100
Summer Park H LLC
Eliason Summer Park Xxxi LLC
Grant Deed
related
—
Aug 22, 2014
$419,800
Summer Park H LLC
Eliason Summer Park Xxx LLC
Grant Deed
related
—
Aug 22, 2014
$474,600
Summer Park H LLC
Eliason Summer Park Xxvii LLC
Grant Deed
related
—
Aug 22, 2014
$1,447,100
Summer Park H LLC
Eliason Summer Park Xxvi LLC
Grant Deed
related
—
Aug 22, 2014
$469,900
Summer Park H LLC
Eliason Summer Park V LLC
Grant Deed
related
—
Aug 22, 2014
$1,669,500
Summer Park H LLC
Eliason Summer Park Vi LLC
Grant Deed
related
—
Aug 22, 2014
$939,700
Summer Park H LLC
Eliason Summer Park Vii LLC
Grant Deed
related
—
Aug 22, 2014
$1,284,200
Summer Park H LLC
Eliason Summer Park Viii LLC
Grant Deed
related
—
Aug 22, 2014
$250,600
Summer Park H LLC
Eliason Summer Park X LLC
Grant Deed
related
—
Aug 22, 2014
$288,200
Summer Park H LLC
Eliason Summer Park Xii LLC
Grant Deed
related
—
Aug 22, 2014
$1,083,800
Summer Park H LLC
Eliason Summer Park Xxiv LLC
Grant Deed
related
—
Aug 22, 2014
$313,300
Summer Park H LLC
Eliason Summer Park Xviii LLC
Grant Deed
related
—
Aug 22, 2014
$958,500
Summer Park H LLC
Eliason Summer Park III LLC
Grant Deed
related
—
Aug 22, 2014
$1,043,000
Summer Park H LLC
Eliason Summer Park II LLC
Grant Deed
related
—
Aug 22, 2014
$521,000
Summer Park H LLC
Eliason Summer Park Xiv LLC
Grant Deed
related
—
Oct 30, 2006
$1,295,160
Eliason Summer Park Xxxiv LLC
Eliason Sp LLC
Grant Deed
related
—
Oct 26, 2006
—
Summer Park Eliason
Eliason Sp LLC
Quit Claim Deed
related
—
Oct 3, 2006
$909,000
Eliason Summer Park Xxxi LLC
Eliason Sp LLC
Grant Deed
related
—
Sep 28, 2006
$2,281,590
Eliason Summer Park Xxxii LLC
Eliason Sp LLC
Grant Deed
related
—
Jul 28, 2006
$4,269,510
Eliason Summer Park Xxvii LLC
Eliason Sp LLC
Grant Deed
related
—
Jun 2, 2006
$3,049
Eliason Summer Park Xvii LLC
Eliason Sp LLC
Grant Deed
—
May 19, 2006
$7,654,245
Eliason Summer Park Xv LLC
Eliason Sp LLC
Grant Deed
related
—
Apr 10, 2006
$2,517,000
Eliason Summer Pk Xv LLC
Eliason Sp LLC
Grant Deed
—
Apr 5, 2006
$6,317,600
Eliason Summer Park Xv LLC
Elisason S P LLC
Grant Deed
—
Feb 23, 2006
$2,160,000
Eliason Summer Park II LLC
Elliason Sp LLC
Grant Deed
—
Feb 7, 2006
$5,421,600
Elisason Summer Park II LLC
Eliason Sp LLC
Grant Deed
—
Jan 3, 2006
$10,410,400
Eliason Summer Park I LLC
Eliason Sp LLC
Grant Deed
related
$22,650,000 · Pnc Bank
Oct 20, 2005
$1,277,300
Eliason Sp LLC
Parker Plaza LLC
Grant Deed
—
Oct 20, 2005
$5,107,100
Eliason Sp LLC
River Crossing
Grant Deed
—
Oct 20, 2005
$9,033,000
Eliason Sp LLC
Kc Investors I
Grant Deed
—
Oct 20, 2005
$18,292,800
Eliason Sp LLC
Mall Of Georgia Apartments
Grant Deed
—
Oct 20, 2005
—
Eliason Sp LLC
Mall Of Georgia Apartments
Grant Deed
$32,307,530 · M & I Marshall & Isley Bank
—
—
Summer Park H LLC
—
Deed Of Trust
related
$49,400,000 · Berkadia Com'l Mtg
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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