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Property profile & analytics
OFF-MARKET
Estimated value
$55,565,000
Garden apartment buildings
1675 Roswell Rd Marietta, GA 30062-3662
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0915139
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1984
Total area
284,832 SF
Lot
19.56 ac (852,208 SF)
Zoning code
PRD MF
APN
16116900250
UPID
US22-0915139
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
-
Kurve Kharisma Aesthetics (Bike/Boat/Book/etc) Store Cosmetic Store
-
Astrologer & Psychic Spiritual Healer,Love Spell Caster Master-Raghuram Fortune Telling Services
-
Diop Productions LLC Film Production Television Studio
-
The Everette at East Cobb Apartment Complex Apartment Building
-
Corner Pocketz (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$58.87M
Comparable Approach
Comparable
$65.38M
Blend (final)
Blend
$55.57M
Owner & transaction history
The Everett At East Cobb LP · 5 yrs held
The Everett At East Cobb LP
since 2021
Last sale
$48.4M
6 recorded transactions
Zoning & alternative use
PRD MF · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$68.8M
+57.7%
Neighborhood: shopping center
$62.7M
+43.8%
Retail stores
$62.7M
+43.6%
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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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
$56,775,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$63,775,000
6.5%
$58,870,000
7%
$54,665,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$43,620,000
Current use
MEDICAL BUILDING
$68,795,000
Change: +58% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$62,705,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$62,650,000
Change: +44% · Conversion: Difficult
COMMERCIAL (GENERAL)
$54,005,000
Change: +24% · Conversion: Moderate
OFFICE BUILDING
$50,040,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$55.57M
Range $50.01M – $61.12M · ±10% · vs last sale $48.40M (Feb 12 2021)
Last sale anchor
$48.40M
Feb 12 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
$195 / 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
$176,940
Tax year 2024
Assessed value
$20,914,840
Assessed 2024
Previous assessed
$17,848,720
+17.2% YoY
Effective rate
0.85%
On assessed value
Assessed land
$3,545,184
Assessed improvement
$17,369,656
Land market value
$8,862,960
Improvement market value
$43,424,140
Total market value
$52,287,100
Applied tax rate
4.0000
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
1984
Heating
NONE
Buildings
6
Units
312
Total area
284,832 SF
Lot
19.56 ac (852,208 SF)
Zoning code
PRD MF
APN
16116900250
UPID
US22-0915139
Jurisdiction
COBB
Zoning & alternative use
PRD MF · Marietta, GA
Zoning PRD MF · permitted uses
PRD MF · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$43.6M
MEDICAL BUILDING
Est. value
$68.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$62.7M
RETAIL STORES
Est. value
$62.7M
COMMERCIAL (GENERAL)
Est. value
$54.0M
OFFICE BUILDING
Est. value
$50.0M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1984
Heating
NONE
Buildings
6
Units
312
Lot
19.56 ac
Current owner
From public records · entity-resolved
The Everett At East Cobb LP
Entity
Mailing address
4890 W PO BOX 250509TH BLVD STE #240, ATLANTA, GA 30325-1509
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2025
—
The Everett At East Cobb LP
—
Deed
related
$45,386,000 · Berkeley Point Capital LLC
Feb 12, 2021
$48,400,000
The Everett At East Cobb LP
Nava Knolls LLC
Limited Warranty Deed
$36,325 · Berkeley Point Capital LLC
Oct 5, 2017
$31,677,600
Nava Knolls LLC
Hrtbh Knolls LLC
Grant Deed
—
Oct 5, 2017
—
Nava Knolls LLC
Hrtbh Knolls LLC
Quit Claim Deed
related
—
Oct 20, 2014
$21,200,000
Hrtbh Knolls LLC
Wood Knoll Apartment Assocs Ll
Grant Deed
$16,038,000 · Prudential Multifamily Mtg
Jan 28, 2005
$17,650,000
Wood Knoll Apartment Assocs LLC
Gables Realty
Grant Deed
$11,900,000 · Housing Auth
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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