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Property profile & analytics
OFF-MARKET
Estimated value
$6,935,000
Garden apartment buildings
1818 Chandler Rd Statesboro, GA 30458-4962
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-0391903
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1990
Construction
STEEL FRAME
Total area
19,554 SF
Lot
7.84 ac (341,510 SF)
Zoning code
R4
APN
MS53 -002-000
UPID
US22-0391903
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
-
Eighteen18 at Southern Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.94M
Owner & transaction history
The Chandler At 1818 LLC · 4 yrs held
The Chandler At 1818 LLC
since 2021
Last sale
$7.4M
7 recorded transactions
Zoning & alternative use
R4 · Statesboro, 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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
$6,410,000
ML approach
$6,525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.94M
Range $6.24M – $7.63M · ±10% · vs last sale $7.40M (May 9 2025)
Last sale anchor
$7.40M
May 9 2025
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
$355 / 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
$88,899
Tax year 2023
Assessed value
$2,998,424
Assessed 2023
Previous assessed
$2,998,424
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$182,400
Assessed improvement
$2,816,024
Land market value
$456,000
Improvement market value
$7,040,059
Total market value
$7,496,059
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
10
Total area
19,554 SF
Lot
7.84 ac (341,510 SF)
Zoning code
R4
APN
MS53 -002-000
UPID
US22-0391903
Jurisdiction
BULLOCH
Zoning & alternative use
R4 · Statesboro, GA
Zoning R4 · permitted uses
R4 · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Buildings
10
Lot
7.84 ac
Current owner
From public records · entity-resolved
The Chandler At 1818 LLC
Entity
Mailing address
4706 18TH AVE, BROOKLYN, NY 11204-1356
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
$5,700,000
The Chandler At 1818 LLC
Dof IV Cove At Southern LLC
Limited Warranty Deed
$4,225,000 · Key Bank
Dec 16, 2021
—
The Chandler At 1818 LLC
Dof IV Cove At Southern LLC
Quit Claim Deed
related
—
Jul 31, 2014
—
Dof IV Cove At Southern LLC
—
Deed Of Trust
related
$5,000,000 · Dof IV Reit Hldgs LLC
Jun 3, 2014
$5,976,500
Dof IV Cove At Southern LLC
Jpmcc 2011-c5/cove Of Sthrn LLC
Grant Deed
—
Mar 5, 2014
$5,375,100
Jpmcc 2011-c5/cove Of Sthrn LLC
Eagles Landing Statesboro LLC
Trustees Deed
—
Sep 20, 2011
—
Eagles Landing Statesboro LLC
Eagles Landing Apartments Ll
Quit Claim Deed
related
$5,850,000 · J P Morgan Chase Bank
Aug 26, 2011
—
Eagles Landing Statesboro LLC
Eagles Landing Apartments LLC
Quit Claim Deed
related
—
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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