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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Garden apartment buildings
2176 Vesta NW Ave Atlanta, GA 30314-1422
Entity Owned
1-yr Hold
Property ID
US22-1959920
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1956
Construction
WOOD
Total area
4,740 SF
Lot
0.2 ac (8,843 SF)
Zoning code
RG3
APN
14 018000040686
UPID
US22-1959920
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
-
Vista Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$915k
Blend (final)
Blend
$795k
Owner & transaction history
Pennington 1787 LLC · 1 yrs held
Pennington 1787 LLC
since 2024
7 recorded transactions
Zoning & alternative use
RG3 · 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
$665,000
CAP Approach
CAP Return
Estimation
6%
$870,000
6.5%
$805,000
7%
$745,000
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$168 / 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
$12,536
Tax year 2023
Assessed value
$302,800
Assessed 2023
Previous assessed
$62,960
+380.9% YoY
Effective rate
4.14%
On assessed value
Assessed land
$40,000
Assessed improvement
$262,800
Land market value
$100,000
Improvement market value
$657,000
Total market value
$757,000
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
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
1956
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
8
Bathrooms
1
Total area
4,740 SF
Lot
0.2 ac (8,843 SF)
Zoning code
RG3
APN
14 018000040686
UPID
US22-1959920
Jurisdiction
FULTON
Zoning & alternative use
RG3 · Atlanta, GA
Zoning RG3 · permitted uses
RG3 · 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
1956
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
8
Bathrooms
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Pennington 1787 LLC
Entity
Mailing address
2176 VESTA AVE NW, ATLANTA, GA 30314-1422
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2024
—
Pennington 1787 LLC
Little Dollar INC
Warranty Deed
—
Nov 21, 2023
—
Little Dollar INC
—
Deed
related
$210,000 · Bp Fast Lending
Feb 24, 2023
—
Little Dollar INC
—
Deed
related
$210,000 · Bp Fast Lending
Nov 2, 2021
—
Little Dollar INC
Smartroomz Atl LLC
Warranty Deed
$460,000 · Bay Mountain Fund I
Jul 26, 2021
—
Smartroomz Atl LLC
—
Deed
related
$20,000 · Dalyrimple Carter Group
Jun 15, 2021
—
Smartroomz Atl LLC
—
Deed
related
$12,500 · Esq Holdings
Jan 11, 2021
—
Smartroomz Atl LLC
Liz Bay Real Estate LLC
Quit Claim Deed
related
$20,000 · Piper W Stevenson
Jun 9, 2020
—
Liz Bay Real Estate LLC
2176 Vesta Avenue Trust
Quit Claim Deed
related
—
Nov 26, 2019
—
Liz Bay Real Estate LLC
—
Trustees Deed
related
$20,000 · Carmen C Glean
Nov 22, 2019
—
Liz Bay Real Estate LLC
—
Deed Of Trust
related
$15,000 · Piper W Stevenson
Nov 4, 2019
$160,000
Liz Bay Real Estate LLC
2176 Vesta Avenue Trust
Grant Deed
$111,233 · 2176 Vesta Avenue Trust (ct)
Jul 3, 2017
$10,000
2176 Vesta Avenue Trust
Bq Chennault Holdings LLC
Quit Claim Deed
related
$9,500 · Bq Chennault Holdings LLC
—
—
Liz Bay Real Estate LLC
—
Loan Modification
related
$20,000 · Piper W Stevenson
—
—
Liz Bay Real Estate LLC
—
Deed Of Trust
related
$3,000 · Total Housing Solutions 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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