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Property profile & analytics
OFF-MARKET
Estimated value
$1,960,000
Garden apartment buildings
241 Main St Statesboro, GA 30458-4552
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-2335366
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1978
Total area
71,195 SF
Lot
1.88 ac (81,893 SF)
Zoning code
R4
APN
S16-109-000
UPID
US22-2335366
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
-
Statesboro Summit Apartments Apartment Complex
-
Williams Horace Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.96M
Owner & transaction history
Statesboro Summit Housing Partners · 3 yrs held
Statesboro Summit Housing Partners
since 2022
2 recorded transactions
Zoning & alternative use
R4 · Statesboro, 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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
$28 / 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
$34,192
Tax year 2023
Assessed value
$1,756,528
Assessed 2023
Previous assessed
$1,756,528
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$89,640
Assessed improvement
$1,666,888
Land market value
$224,100
Improvement market value
$4,167,220
Total market value
$4,391,320
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1978
Heating
YES
Cooling
YES
Buildings
1
Total area
71,195 SF
Lot
1.88 ac (81,893 SF)
Zoning code
R4
APN
S16-109-000
UPID
US22-2335366
Jurisdiction
BULLOCH
Zoning & alternative use
R4 · Statesboro, GA
Zoning R4 · permitted uses
R4 · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
YES
Cooling
Yes
Buildings
1
Lot
1.88 ac
Current owner
From public records · entity-resolved
Statesboro Summit Housing Partners
Entity
Free & Clear · 3 yrs held
Mailing address
415 1ST AVE N UNIT #19240, SEATTLE, WA 98109-4677
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2022
—
Statesboro Summit Housing Partners
Statesboro Ppd Acq Limited Partners
Warranty Deed
—
Apr 3, 2020
$6,575,000
Statesboro Ppd Acq LP
Ashton Statesboro LP
Grant Deed
related
—
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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