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Property profile & analytics
OFF-MARKET
Estimated value
$97,000,000
High-rise multifamily apartments
2110 Preston Park Dr Duluth, GA 30096-8830
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0823349
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2002
Construction
WOOD
Total area
42,372 SF
Lot
41.78 ac (1,819,937 SF)
Zoning code
RM13-MULTI-FAM RES
APN
6-210 -003
UPID
US22-0823349
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
-
Avana Portico Real Estate Agency
-
Maribel Benitez Counselor Consultant
-
Blissbar Company Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$97.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$97.00M
Owner & transaction history
Gep 11 Portico LLC · 2 yrs held
Gep 11 Portico LLC
since 2024
Last sale
$97.0M
7 recorded transactions
Zoning & alternative use
RM13-MULTI-FAM RES · Duluth, 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 Duluth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duluth 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
$97,000,000
ML approach
$97,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$97.00M
Range $87.30M – $106.70M · ±10% · vs last sale $97.00M (Apr 30 2024)
Last sale anchor
$97.00M
Apr 30 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
$2,289 / 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
$1,237,615
Tax year 2023
Assessed value
$40,679,520
Assessed 2023
Previous assessed
$40,679,520
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$3,133,520
Assessed improvement
$37,546,000
Land market value
$7,833,800
Improvement market value
$93,865,000
Total market value
$101,698,800
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
8
Stories
3
Total area
42,372 SF
Lot
41.78 ac (1,819,937 SF)
Zoning code
RM13-MULTI-FAM RES
APN
6-210 -003
UPID
US22-0823349
Jurisdiction
GWINNETT
Zoning & alternative use
RM13-MULTI-FAM RES · Duluth, GAZoning RM13-MULTI-FAM RES · permitted uses
RM13-MULTI-FAM RES · Duluth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Welcome to Duluth, GA
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Buildings
8
Lot
41.78 ac
Current owner
From public records · entity-resolved
Gep 11 Portico LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4186 SATELLITE BLVD NE STE #300, DULUTH, GA 30096
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
$97,000,000
Gep 11 Portico LLC
Century Park Owner LP
Warranty Deed
—
Apr 30, 2024
—
Gep 11 Portico LLC
Century Park Owner LP
Quit Claim Deed
related
—
Oct 4, 2022
—
Benjamin Blatt
Benjamin Blatt
Quit Claim Deed
related
—
Aug 10, 2022
—
Eva Helen Silbiger
Silbiger Samuel Aron Estate
Warranty Deed
—
Nov 29, 2007
$44,000,000
Carlyle Centennial Park LLC
USA Preston Park 1 LLC
Grant Deed
$156,734 · Anglo Irish Bank Corp Plc
Nov 15, 2007
$44,000,000
Carlyle Centennial Park LLC
USA Preston Park 1 LLC
Grant Deed
—
Jun 7, 2004
—
USA Preston Park 24 LLC
USA Preston Park 12 LLC
Quit Claim Deed
related
—
May 4, 2004
$36,100,000
USA Preston Park 1 LLC
Sattelite Apartments LLC
Grant Deed
related
$28,800,000 · Archon Financial LP
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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