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Property profile & analytics
OFF-MARKET
Estimated value
$4,195,000
Garden apartment buildings
2055 Barrett Lks NW Blvd Kennesaw, GA 30144-3196
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2007258
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2013
Total area
245,066 SF
Lot
15.41 ac (671,434 SF)
Zoning code
UC
APN
16072100030
UPID
US22-2007258
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
$4.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.20M
Owner & transaction history
Barrett Freg Windsor Lake LLC · 2 yrs held
Barrett Freg Windsor Lake LLC
since 2023
Last sale
$4.8M
5 recorded transactions
Zoning & alternative use
UC · Kennesaw, GA
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 Kennesaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennesaw 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
$3,080,000
ML approach
$4,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.20M
Range $3.78M – $4.61M · ±10% · vs last sale $4.75M (Oct 2 2023)
Last sale anchor
$4.75M
Oct 2 2023
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
$17 / 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
$678,107
Tax year 2024
Assessed value
$22,491,120
Assessed 2024
Previous assessed
$15,994,360
+40.6% YoY
Effective rate
3.01%
On assessed value
Assessed land
$4,231,644
Assessed improvement
$18,259,476
Land market value
$10,579,110
Improvement market value
$45,648,690
Total market value
$56,227,800
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
2013
Heating
NONE
Buildings
6
Units
238
Total area
245,066 SF
Lot
15.41 ac (671,434 SF)
Zoning code
UC
APN
16072100030
UPID
US22-2007258
Jurisdiction
COBB
Zoning & alternative use
UC · Kennesaw, GAZoning UC · permitted uses
UC · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home - City of Kennesaw
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Buildings
6
Units
238
Lot
15.41 ac
Current owner
From public records · entity-resolved
Barrett Freg Windsor Lake LLC
Entity
Mailing address
240 SAINT PAUL ST STE #400, DENVER, CO 80206-5123
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Oct 2, 2023
—
Barrett Freg Windsor Lake LLC
Barrett Lake Town Park LLC
Intrafamily Transfer
related
$45,000,000 · Pnc Bank NA
May 10, 2021
$4,750,000
Barrett Lake Town Park LLC
Passco Twenty25 Dst
Limited Warranty Deed
—
Dec 2, 2014
$40,167,000
Passco Twenty25 Dst
Ppf Amli Barrett Lakes Bouleva
Grant Deed
$27,150,000 · Keybank USA
Aug 16, 2012
$3,000,000
Ppf Amli Barrett Lakes Bouleva
Amli Residential Properties LP
Warranty Deed
related
—
Feb 14, 2005
$1,250,000
Amli Residential Properties LP
Amli Land Dev I
Grant Deed
related
—
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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