New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,600,000
Garden apartment buildings
1695 Heritage Gdnsa, Baldwin, GA 30511-4209
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1435678
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2005
Construction
FRAME
Total area
46,851 SF
Lot
7.49 ac (326,264 SF)
Zoning code
HB
APN
091B006
UPID
US22-1435678
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
$7.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.60M
Owner & transaction history
Heritage Gardens Apartments LLC · 1 yrs held
Heritage Gardens Apartments LLC
since 2024
Last sale
$7.6M
5 recorded transactions
Zoning & alternative use
HB · Baldwin, 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 Baldwin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Baldwin 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
$7,600,000
ML approach
$7,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,420,000
Current use
Blend value · Realmo final
$7.60M
Range $6.84M – $8.36M · ±10% · vs last sale $7.60M (Aug 15 2024)
Last sale anchor
$7.60M
Aug 15 2024
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
$162 / 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
$37,854
Tax year 2024
Assessed value
$1,458,460
Assessed 2024
Previous assessed
$1,341,188
+8.7% YoY
Effective rate
2.60%
On assessed value
Assessed land
$59,864
Assessed improvement
$1,398,596
Land market value
$149,660
Improvement market value
$3,496,490
Total market value
$3,646,150
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
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
2005
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
3
Units
40
Total area
46,851 SF
Lot
7.49 ac (326,264 SF)
Zoning code
HB
APN
091B006
UPID
US22-1435678
Jurisdiction
HABERSHAM
Zoning & alternative use
HB · Baldwin, GA
Zoning HB · permitted uses
HB · Baldwin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Baldwin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.4M
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
2005
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Buildings
2
Units
40
Lot
7.49 ac
Current owner
From public records · entity-resolved
Heritage Gardens Apartments LLC
Entity
Mailing address
1695 WILLINGHAM AVE, CORNELIA, GA 30531-4209
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Aug 15, 2024
$7,600,000
Heritage Gardens Apartments LLC
Eca Heritage Gardens LLC
Warranty Deed
$5,100,000 · Bethpage Federal Credit Union
Feb 13, 2024
$5,840,000
Eca Heritage Gardens LLC
Reserve Residential LLC
Limited Warranty Deed
—
Dec 20, 2023
$3,500,000
Reserve Residential LLC
Heritage Gardens Of Cornelia LLC
Warranty Deed
$2,000,000 · G3 Enterprises
Jul 19, 2019
$2,585,000
Heritage Gardens Of Cornelia LLC
Baldwin Leased Housing Associates I
Warranty Deed
—
Feb 28, 2013
$1,000,000
Baldwin Leased Housing Associa
Heritage Gardens LP
Warranty Deed
$1,000,000 · Bridgewater Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1695 Heritage Gdnsa?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
