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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Garden apartment buildings
2121 Defoors Fry NW Rd Atlanta, GA 30318
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1367909
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1988
Construction
WOOD
Total area
5,204 SF
Lot
23.9 ac (1,041,084 SF)
Zoning code
RG2
APN
17 0185 LL0283
UPID
US22-1367909
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
$960k
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.56M
Owner & transaction history
Lion Collier Ridge Property Owner L · 5 yrs held
Lion Collier Ridge Property Owner L
since 2021
6 recorded transactions
Zoning & alternative use
RG2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,040,000
6.5%
$960,000
7%
$895,000
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±10%
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
$299 / 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
$1,181,834
Tax year 2023
Assessed value
$28,546,720
Assessed 2023
Previous assessed
$28,546,720
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$1,800,000
Assessed improvement
$26,746,720
Land market value
$4,500,000
Improvement market value
$66,866,800
Total market value
$71,366,800
Applied tax rate
5.0000
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
1988
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
6
Stories
1
Units
6
Bathrooms
9
Total area
5,204 SF
Lot
23.9 ac (1,041,084 SF)
Zoning code
RG2
APN
17 0185 LL0283
UPID
US22-1367909
Jurisdiction
FULTON
Zoning & alternative use
RG2 · Atlanta, GA
Zoning RG2 · permitted uses
RG2 · 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.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
6
Units
6
Bathrooms
9
Lot
23.9 ac
Current owner
From public records · entity-resolved
Lion Collier Ridge Property Owner L
Entity
Mailing address
600 WILSHIRE BLVD STE #302, LOS ANGELES, CA 90017-3245
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2021
$67,000,000
Lion Collier Ridge Property Owner L
Collier Ridge Apartments Holdings L
Limited Warranty Deed
—
Oct 22, 2019
—
Collier Ridge Apts Hldgs LLC
—
Deed
related
$47,935,000 · Grandbridge R/e Cap
Nov 18, 2013
—
Collier Ridge LLC
Redwood At Collier Ridge LLC
Quit Claim Deed
related
$21,150,000 · Beech St Cap
Nov 18, 2013
$28,200,000
Collier Ridge LLC
Redwood At Collier Ridge LLC
Grant Deed
related
—
Jun 27, 2008
$33,200,000
Redwood At Collier Ridge LLC
Erp,operating Limited Part
Grant Deed
—
—
—
Collier Ridge Apts Hldgs LLC
—
Deed Of Trust
related
$47,935,000 · Grandbridge R/e Cap
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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