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Property profile & analytics
OFF-MARKET
Estimated value
$13,440,000
Garden apartment buildings
2445 Rex Rd Ellenwood, GA 30294-4071
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1414771
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1988
Total area
240 SF
Lot
25.09 ac (1,092,920 SF)
Zoning code
RM
APN
12-149C- A-002
UPID
US22-1414771
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
-
The Oaks at Ellenwood Apartment Building Apartment Complex
-
Foreign Sway Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Junk Cars For Cash LLC Car Dealership
-
SheRawExperienceLLC Hair Salon
-
Atlautosportsv.d. Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.44M
Owner & transaction history
Park At London Qrh LLC · 8 yrs held
Park At London Qrh LLC
since 2017
6 recorded transactions
Zoning & alternative use
RM · Ellenwood, 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 Ellenwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellenwood 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
$56,000 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$314,780
Tax year 2024
Assessed value
$8,068,800
Assessed 2024
Previous assessed
$8,068,800
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$652,360
Assessed improvement
$7,416,440
Land market value
$1,630,900
Improvement market value
$18,541,100
Total market value
$20,172,000
Applied tax rate
8.0000
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
Heating
NONE
Total area
240 SF
Lot
25.09 ac (1,092,920 SF)
Zoning code
RM
APN
12-149C- A-002
UPID
US22-1414771
Jurisdiction
CLAYTON
Zoning & alternative use
RM · Ellenwood, GA
Zoning RM · permitted uses
RM · Ellenwood, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellenwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
25.09 ac
Current owner
From public records · entity-resolved
Park At London Qrh LLC
Entity
Free & Clear · 8 yrs held
Mailing address
4706 18TH AVE, BROOKLYN, NY 11204-1356
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Jan 11, 2018
—
Park At London Qrh LLC
—
Deed
related
$15,073,000 · Greystone Svcg
Dec 27, 2017
$17,325,000
Park At London Qrh LLC
Blueros Ellenwood LLC
Grant Deed
—
Nov 14, 2014
$9,800,000
Blueros Ellenwood LLC
Poh Cobblestone LLC
Grant Deed
—
Sep 7, 2012
$4,500,000
Poh Cobblestone LLC
2445 Rex Road Holdings LLC
Grant Deed
$3,705,000 · A10 Capital LLC
Oct 7, 2011
$7,108,939
2445 Rex Road Holdings LLC
Rex Road Partners LP
Trustees Deed
related
—
—
—
Park At London Qrh LLC
—
Deed Of Trust
related
$15,073,000 · Greystone Svcg
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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