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Property profile & analytics
OFF-MARKET
Estimated value
$14,560,000
Garden apartment buildings
1996 Bouldercrest SE Rd Atlanta, GA 30316
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0924807
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Total area
21,693 SF
Lot
13.27 ac (578,041 SF)
Zoning code
RM85
APN
15 083 02 009
UPID
US22-0924807
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
$14.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.56M
Owner & transaction history
Balfour Bouldercrest LLC · 1 yrs held
Balfour Bouldercrest LLC
since 2024
Last sale
$14.6M
3 recorded transactions
Zoning & alternative use
RM85 · Atlanta, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
$14,560,000
ML approach
$14,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$17,240,000
Current use
COMMERCIAL (GENERAL)
$15,305,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$14.56M
Range $13.10M – $16.02M · ±10% · vs last sale $14.56M (Nov 14 2024)
Last sale anchor
$14.56M
Nov 14 2024
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
$671 / 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
$498,703
Tax year 2024
Assessed value
$11,162,440
Assessed 2024
Previous assessed
$2,880,000
+287.6% YoY
Effective rate
4.47%
On assessed value
Assessed land
$460,000
Assessed improvement
$10,702,440
Land market value
$1,150,000
Improvement market value
$26,756,100
Total market value
$27,906,100
Applied tax rate
4.0000
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
1972
Heating
NONE
Cooling
YES
Buildings
9
Stories
3
Units
180
Total area
21,693 SF
Lot
13.27 ac (578,041 SF)
Zoning code
RM85
APN
15 083 02 009
UPID
US22-0924807
Jurisdiction
DE KALB
Zoning & alternative use
RM85 · Atlanta, GA
Zoning RM85 · permitted uses
RM85 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$17.2M
COMMERCIAL (GENERAL)
Est. value
$15.3M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
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
1972
Heating
NONE
Cooling
Yes
Stories
3
Buildings
9
Units
180
Lot
13.27 ac
Current owner
From public records · entity-resolved
Balfour Bouldercrest LLC
Entity
Mailing address
2000 BOULDERCREST RD SE, ATLANTA, GA 30316-3925
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2024
—
Balfour Bouldercrest LLC
Infinity Eagles Run LLC
Quitclaim Deed
related
—
Nov 14, 2024
$14,560,000
Balfour Bouldercrest LLC
Infinity Eagles Run LLC
Warranty Deed
—
Oct 20, 2016
—
Infinity Eagles Run LLC
—
Deed
related
$5,445,000 · Wells Fargo Bank NA
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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