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Property profile & analytics
OFF-MARKET
Estimated value
$4,005,000
Garden apartment buildings
1951 Vesta Ave, East Point, GA 30344-4742
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-0466927
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
7,626 SF
Lot
2.26 ac (98,446 SF)
Zoning code
R3
APN
14 016300170641
UPID
US22-0466927
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
$4.01M
Owner & transaction history
Dunlap Royal Apartments LLC · 5 yrs held
Dunlap Royal Apartments LLC
since 2020
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
R3 · East Point, 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 East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point 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
$525 / 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
$15,816
Tax year 2023
Assessed value
$560,320
Assessed 2023
Previous assessed
$560,320
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$336,000
Assessed improvement
$224,320
Land market value
$840,000
Improvement market value
$560,800
Total market value
$1,400,800
Applied tax rate
20.0000
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
1959
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
10
Bathrooms
3
Total area
7,626 SF
Lot
2.26 ac (98,446 SF)
Zoning code
R3
APN
14 016300170641
UPID
US22-0466927
Jurisdiction
FULTON
Zoning & alternative use
R3 · East Point, GA
Zoning R3 · permitted uses
R3 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
10
Bathrooms
3
Lot
2.26 ac
Current owner
From public records · entity-resolved
Dunlap Royal Apartments LLC
Entity
Free & Clear · 5 yrs held
Mailing address
14850 NW 44TH CT STE #103, OPA LOCKA, FL 33054-2357
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
Mar 18, 2025
—
Dunlap Royal Apartments LLC
—
Deed
related
$3,000,000 · International Finance Bank
Dec 16, 2020
$3,350,000
Dunlap Royal Apartments LLC
Ozsta LLC
Grant Deed
—
Nov 16, 2017
—
Ozsta LLC
—
Deed
related
$1,200,000 · Imc Private Capital LLC
Dec 11, 2014
$400,000
Ozsta LLC
Clifton Royale LLC
Grant Deed
—
Jan 19, 2011
$325,000
Clifton Royale LLC
Atlas Ga J Spe LLC
Grant Deed
—
Jan 15, 2010
—
Atlas Ga I Spe LLC
Branch,banking Trust C
Grant Deed
related
—
Apr 7, 2009
—
Branch Banking And Trust Co
Royal Mill Apartments LLC
Grant Deed
related
—
Jul 18, 2007
$1,900,000
Royal Mill Apartments LLC
Imperial Capital Bank
Grant Deed
—
Feb 7, 2006
$2,244,600
Imperial Capital Bank
Imperial Capital Bank
Grant Deed
related
—
—
—
Ozsta LLC
—
Deed Of Trust
related
$1,200,000 · Imc Private Capital LLC
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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