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Property profile & analytics
OFF-MARKET
Estimated value
$5,485,000
Garden apartment buildings
1870 Atlanta SE Rd Smyrna, GA 30080-1223
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0936886
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1968
Total area
52,084 SF
Lot
3.72 ac (162,191 SF)
Zoning code
GC/LI
APN
17042200130
UPID
US22-0936886
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
-
CABRERA'S PAINTING Painting Service General Contractor
-
The Culture Daily Information Services
-
Cabrera painting Painting Service General Contractor
-
Midwood Village Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.49M
Blend (final)
Blend
$5.49M
Owner & transaction history
Midwood Village LLC · 5 yrs held
Midwood Village LLC
since 2020
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
GC/LI · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$5,680,000
ML approach
$5,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.49M
Range $4.94M – $6.03M · ±10% · vs last sale $5.28M (Nov 9 2020)
Last sale anchor
$5.28M
Nov 9 2020
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
$105 / 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
$74,604
Tax year 2024
Assessed value
$2,474,440
Assessed 2024
Previous assessed
$2,104,080
+17.6% YoY
Effective rate
3.01%
On assessed value
Assessed land
$674,716
Assessed improvement
$1,799,724
Land market value
$1,686,790
Improvement market value
$4,499,310
Total market value
$6,186,100
Applied tax rate
9.0000
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
1968
Heating
NONE
Buildings
4
Units
48
Total area
52,084 SF
Lot
3.72 ac (162,191 SF)
Zoning code
GC/LI
APN
17042200130
UPID
US22-0936886
Jurisdiction
COBB
Zoning & alternative use
GC/LI · Smyrna, GAZoning GC/LI · permitted uses
GC/LI · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Buildings
4
Units
48
Lot
3.72 ac
Current owner
From public records · entity-resolved
Midwood Village LLC
Entity
Free & Clear · 5 yrs held
Mailing address
750 HAMMOND DR STE, ATLANTA, GA 30328-5532
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2020
—
Midwood Village LLC
Madison Village Equities LLC
Quit Claim Deed
related
—
Nov 9, 2020
$5,278,000
Midwood Village LLC
Madison Village Equities LLC
Grant Deed
—
May 29, 2018
—
Madison Village Equities LLC
Madison Village Schorr LLC
Quit Claim Deed
related
$3,100,000 · Cbre Cap Markets
Apr 18, 2017
—
Madison Village Schorr LLC
Chican Hospitality Ltd
Quit Claim Deed
related
—
Apr 18, 2017
$3,132,000
Madison Village Schorr LLC
Chican Hospitality Ltd
Grant Deed
$2,359,000 · Arbor Agcy Lndg LLC
Aug 29, 2012
$1,210,000
Chican Hospitality Ltd
1870 Atlanta Road Se Holdings
Grant Deed
—
Mar 23, 2012
$1,200,000
1870 Atlanta Road Se Holdings
Madison Village Apartments LLC
Trustees Deed
related
—
Dec 18, 2006
$3,895,000
Madison Village Apts LLC
Madison Village INC
Warranty Deed
related
$3,165,000 · Bridger Commercial Funding LLC
Jun 6, 2005
—
Riverstone LLC
Riverstone Apts INC
Quit Claim Deed
related
—
Jun 6, 2005
$2,240,000
Southeast Realty Svcs LLC
Riverstone LLC
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.
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