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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Garden apartment buildings
238 Elm NW St Atlanta, GA 30314-3959
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-3283158
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1956
Construction
WOOD
Total area
2,920 SF
Lot
0.16 ac (7,187 SF)
Zoning code
R5
APN
14 011000060184
UPID
US22-3283158
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
238 Elm Street Apartments Nw LLC · 2 yrs held
238 Elm Street Apartments Nw LLC
since 2024
Last sale
$6,999
7 recorded transactions
Zoning & alternative use
R5 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$231 / 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
$1,997
Tax year 2023
Assessed value
$48,240
Assessed 2023
Previous assessed
$48,240
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$30,000
Assessed improvement
$18,240
Land market value
$75,000
Improvement market value
$45,600
Total market value
$120,600
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
6
Bathrooms
1
Total area
2,920 SF
Lot
0.16 ac (7,187 SF)
Zoning code
R5
APN
14 011000060184
UPID
US22-3283158
Jurisdiction
FULTON
Zoning & alternative use
R5 · Atlanta, GA
Zoning R5 · permitted uses
R5 · 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
6
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
238 Elm Street Apartments Nw LLC
Entity
Mailing address
238 ELM ST NW, ATLANTA, GA 30314-3959
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2024
—
238 Elm Street Apartments Nw LLC
Urquhart Holdings LLC
Quit Claim Deed
related
—
Apr 20, 2017
—
Urquhart Holdings LLC
Urquhart,william
Quit Claim Deed
related
—
Apr 20, 2017
$9,538
William Urquhart
Ptdco LLC
Quit Claim Deed
related
—
Dec 13, 2013
$6,999
Ptdco LLC
Sheriff Of Fulton County
Tax Deed
—
Oct 4, 2005
$120,000
William Urquhart
JR Mccoy LLC
Deed
$144,000 · Capstone Fndg LLC
Apr 20, 2004
$475,000
J R Mccoy LLC
Trillium Holdings LLC
Grant Deed
related
$387,400 · Colonial Bk/fl
Dec 31, 2003
$475,000
J R Mccoy LLC
Trillium Holdings LLC
Grant Deed
related
$387,400 · Colonial Bk/fl
—
—
Urquhart,william
—
Deed Of Trust
related
$208,000 · Lending Power
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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