Back to Search
Property profile & analytics
FOR LEASE
Garden apartment buildings
1701 Hawthorne Ave College Park, GA 30337-2019
Entity Owned
4-yr Hold
Property ID
US22-4391244
For Lease
1 / 19
$950/Mo
1701 Hawthorne Ave, College Park, GA 30337-2019
View Listing →
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Construction
WOOD
Total area
14,582 SF
Lot
0.87 ac (37,984 SF)
Zoning code
R3
APN
14 015900140665
UPID
US22-4391244
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shirley Wan LLC · 4 yrs held
Shirley Wan LLC
since 2021
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
R3 · College Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R3 district is intended to provide the development of single family dwellings served by public water and sewer systems, The provisions that regulate this land use district provides for the development of residential neighborhoods in a medium density urban environment, This district should be protected from conflicting land uses
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
187.87 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 College Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College Park 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,850
Tax year 2023
Assessed value
$526,120
Assessed 2023
Previous assessed
$526,120
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$112,000
Assessed improvement
$414,120
Land market value
$280,000
Improvement market value
$1,035,300
Total market value
$1,315,300
Applied tax rate
15.0000
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
For Lease
Year built
1972
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
14
Bathrooms
1
Total area
14,582 SF
Lot
0.87 ac (37,984 SF)
Zoning code
R3
APN
14 015900140665
UPID
US22-4391244
Jurisdiction
FULTON
Zoning & alternative use
R3 · College Park, GAZoning R3 · permitted uses
R3 · College Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R3 district is intended to provide the development of single family dwellings served by public water and sewer systems, The provisions that regulate this land use district provides for the development of residential neighborhoods in a medium density urban environment, This district should be protected from conflicting land uses
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
187.87 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1972
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
14
Bathrooms
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Shirley Wan LLC
Entity
Mailing address
4780 ASHFORD DUNWOODY RD, ATLANTA, GA 30338-5564
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
Nov 16, 2021
$1,350,000
Shirley Wan LLC
Harvard Ave Investment LLC
Warranty Deed
$801,500 · First Port City Bank
May 25, 2018
$1,050,000
Harvard Ave Investment LLC
Sm Equity LLC
Grant Deed
—
May 25, 2018
—
Harvard Ave Investment LLC
Sm Equity LLC
Quit Claim Deed
related
$2,811,000 · Arbor Agcy Lndg LLC
May 2, 2008
$315,600
Sm Equity LLC
Allwin Properties LLC
Grant Deed
related
—
Mar 2, 2007
$970,000
Allwin Properties LLC
Albright,kymble
Warranty Deed
—
Feb 27, 2007
$970,000
Allwin Properties
Albright,kymble
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.
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?”
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.
