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Property profile & analytics
OFF-MARKET
Apartment buildings
1921 New Gdn Rda, Greensboro, NC 27410-2193
Entity Owned
6-yr Hold
Property ID
US53-0210601
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1996
Total area
15,076 SF
Lot
28.1 ac (1,224,036 SF)
Zoning code
RM-12
APN
81231
UPID
US53-0210601
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
-
Brassfield Park Apartments Real Estate Agency
-
LJH Graphic Design Marketing & Advertising Advertising Agency
-
Building L Apartment Building
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
We Brassfield Park Owner LLC · 6 yrs held
We Brassfield Park Owner LLC
since 2020
Last sale
$49.0M
5 recorded transactions
Zoning & alternative use
RM-12 · Greensboro, NC
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 Greensboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greensboro 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
$681,590
Tax year 2023
Assessed value
$44,529,700
Assessed 2023
Previous assessed
$44,529,700
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$4,383,600
Assessed improvement
$40,146,100
Land market value
$4,383,600
Improvement market value
$40,146,100
Total market value
$44,529,700
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
19
Units
20
Bathrooms
248
Total area
15,076 SF
Lot
28.1 ac (1,224,036 SF)
Zoning code
RM-12
APN
81231
UPID
US53-0210601
Jurisdiction
GUILFORD
Zoning & alternative use
RM-12 · Greensboro, NC
Zoning RM-12 · permitted uses
RM-12 · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greensboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
FORCED AIR
Cooling
Yes
Buildings
19
Units
20
Bathrooms
248
Lot
28.1 ac
Current owner
From public records · entity-resolved
We Brassfield Park Owner LLC
Entity
Mailing address
12 COLLEGE RD, MONSEY, NY 10952-2821
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2020
$49,000,000
We Brassfield Park Owner LLC
Ccc Brassfield Park LLC
Grant Deed
—
May 1, 2020
—
We Brassfield Park Owner LLC
Ccc Brassfield Park LLC
Grant Deed
related
$39,110,000 · Newmark Knight Frank
May 29, 2014
$28,400,000
Ccc Brassfield Park LLC
Fund III Brassfield Park Apart
Grant Deed
—
Jul 27, 2010
—
Fund III Brassfield Park Apartments
Sg Brassfield Park Greensboro LLC
Other
$18,240,000 · Cwcapital LLC
Jul 24, 2006
$180,000
Beechglen Properties LLC
Sg,brassfield Park-greensb
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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