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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Garden apartment buildings
2206 Park Ter, College Park, GA 30337-1628
Entity Owned
8-yr Hold
Absentee Owner
Property ID
US22-0552572
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Construction
WOOD
Total area
9,216 SF
Lot
0.49 ac (21,301 SF)
Zoning code
MF
APN
14 019100080341
UPID
US22-0552572
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
$1.57M
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.30M
Owner & transaction history
Amlihtf LLC · 8 yrs held
Amlihtf LLC
since 2018
7 recorded transactions
Zoning & alternative use
MF · College Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.2M
+21.3%
Retail stores
$2.1M
+16.2%
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 College Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College Park 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%
$1,695,000
6.5%
$1,565,000
7%
$1,450,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,780,000
Current use
OFFICE BUILDING
$2,160,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$2,065,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±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
$141 / 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
$4,188
Tax year 2023
Assessed value
$148,360
Assessed 2023
Previous assessed
$148,360
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$40,000
Assessed improvement
$108,360
Land market value
$100,000
Improvement market value
$270,900
Total market value
$370,900
Applied tax rate
15.0000
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
1969
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
8
Bathrooms
2
Total area
9,216 SF
Lot
0.49 ac (21,301 SF)
Zoning code
MF
APN
14 019100080341
UPID
US22-0552572
Jurisdiction
FULTON
Zoning & alternative use
MF · College Park, GA
Zoning MF · permitted uses
MF · College Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
College Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.8M
OFFICE BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
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
1969
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
8
Bathrooms
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Amlihtf LLC
Entity
Mailing address
3238 WASHINGTON RD, EAST POINT, GA 30344-5421
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2018
$370,900
Amlihtf LLC
Fnbvw-5 LLC
Grant Deed
$607,900 · Corevest American Fin Lender L
Jan 26, 2017
—
Fnbvw-5 LLC
—
Trustees Deed
related
$88,000 · City & St Factors In P/tr (ct)
Jun 6, 2016
—
Kaad Dev Group LLC
Gehlen,manfred
Warranty Deed
related
—
Feb 20, 2015
$250,000
Manfred Gehlen
Lindfield Holdings LLC
Warranty Deed
—
Apr 24, 2012
—
Janice Barner
2206 Park Terrace Land Trust
Warranty Deed
related
—
Apr 24, 2012
$75,000
Lindfield Holdings LLC
Barner,janice
Warranty Deed
related
$63,550 · Jjwd Capital LLC
Aug 8, 2011
—
2206 Park Terrace Land Trust II
2206 Park Terrace Land Trust
Quit Claim Deed
related
—
Aug 9, 2010
—
Janice Barner
2206 Park Terrace Land Trust
Warranty Deed
related
—
Jul 28, 2010
—
Janice Barner
Freeport Title & Guaranty
Grant Deed
related
—
Mar 11, 2009
—
Freeport Title Guaranty INC
Barner,janice
Grant Deed
$381,119 · Janice Barner
Mar 30, 2007
—
Damon Barner
Crusader Properties
Grant Deed
related
—
Jan 30, 2007
—
Janice Barner
Barner,damon
Quit Claim Deed
related
—
—
—
2206 Park Terrace Land Trust
—
Deed Of Trust
related
$100,000 · Lindfield Hldgs
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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