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Property profile & analytics
OFF-MARKET
Estimated value
$60,915,000
Garden apartment buildings
1981 Hidden Gln SE Dr, Marietta, GA 30067-8719
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1609369
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
376,618 SF
Lot
22.82 ac (994,039 SF)
Zoning code
RM-12
APN
17065500030
UPID
US22-1609369
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
-
For Real Marketing company Advertising Agency Marketing & Advertising
-
The Cumberland Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$77.84M
Comparable Approach
Comparable
$51.46M
Blend (final)
Blend
$60.92M
Owner & transaction history
Lion Cumberland LLC · 3 yrs held
Lion Cumberland LLC
since 2022
Last sale
$53.4M
7 recorded transactions
Zoning & alternative use
RM-12 · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$91.0M
+57.7%
Neighborhood: shopping center
$82.9M
+43.8%
Retail stores
$82.8M
+43.6%
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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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
$68,475,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$84,325,000
6.5%
$77,840,000
7%
$72,280,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$57,680,000
Current use
MEDICAL BUILDING
$90,960,000
Change: +58% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$82,910,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$82,840,000
Change: +44% · Conversion: Difficult
COMMERCIAL (GENERAL)
$73,480,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$65,425,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$60.92M
Range $54.82M – $67.01M · ±10% · vs last sale $53.40M (Oct 18 2022)
Last sale anchor
$53.40M
Oct 18 2022
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
$162 / 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
$634,787
Tax year 2024
Assessed value
$21,054,280
Assessed 2024
Previous assessed
$11,040,000
+90.7% YoY
Effective rate
3.02%
On assessed value
Assessed land
$5,169,004
Assessed improvement
$15,885,276
Land market value
$12,922,510
Improvement market value
$39,713,190
Total market value
$52,635,700
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
1973
Heating
NONE
Buildings
6
Units
286
Total area
376,618 SF
Lot
22.82 ac (994,039 SF)
Zoning code
RM-12
APN
17065500030
UPID
US22-1609369
Jurisdiction
COBB
Zoning & alternative use
RM-12 · Marietta, GA
Zoning RM-12 · permitted uses
RM-12 · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$57.7M
MEDICAL BUILDING
Est. value
$91.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$82.9M
RETAIL STORES
Est. value
$82.8M
COMMERCIAL (GENERAL)
Est. value
$73.5M
AUTO REPAIR, GARAGE
Est. value
$65.4M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Buildings
6
Units
286
Lot
22.82 ac
Current owner
From public records · entity-resolved
Lion Cumberland LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3811 TURTLE CRK BLVD STE #1010, DALLAS, TX 75219-4534
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2022
$53,400,000
Lion Cumberland LLC
29sc Cumberland LP
Limited Warranty Deed
—
Jun 3, 2019
—
Cumberland Crossing Apts II Ll
Cumberland Apt Hldgs LLC
Quit Claim Deed
related
—
Jun 3, 2019
$8,497,000
29sc Cumberland LP
Cumberland Crossing Apts LLC
Grant Deed
related
—
Aug 1, 2018
—
Cumberland Crossing Apts LLC
—
Grant Deed
related
$23,500,000 · Greystone Svcg
Sep 14, 2016
—
Cumberland Crossing Apartments
Wrg Cumberland LLC
Quit Claim Deed
related
—
Sep 14, 2016
$20,615,000
Cumberland Crossing Apartments
Wrg Cumberland LLC
Grant Deed
related
$17,000,000 · Greystone Svcg
Jul 12, 2011
—
Wrg Cumberland LLC
Hidden Glen Apartments LLC
Grant Deed
related
—
Aug 4, 2009
$9,002,660
Hidden Glen Apts LLC
Jaws II LLC
Grant Deed
related
—
Jul 31, 2009
$9,002,660
Hdden Glen Apartments LLC
Jaws II LLC
Grant Deed
—
Feb 14, 2006
$9,000,000
Jaws II LLC
Lasalle Bk Natl Assoc
Grant Deed
—
Feb 9, 2006
$900,000
—
Lasalle Bank National Asso
Grant Deed
related
—
Jul 6, 2004
$9,000,000
Stanley Dean Witter Cap Morgan
Miles-madison Park LLC
Trustees Deed
related
—
—
—
Wrg Cumberland LLC
—
Deed Of Trust
related
$9,902,926 · Wcrt Seller 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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