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Property profile & analytics
OFF-MARKET
Estimated value
$42,055,000
High-rise multifamily apartments
245 Trinity Pl Decatur, GA 30030-3480
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4658344
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2015
Construction
WOOD FRAME
Total area
139,324 SF
Lot
2.48 ac (108,029 SF)
Zoning code
G-C
APN
15 246 02 024
UPID
US22-4658344
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
-
Luxe Bridal Studio Clothing & Fashion Store
-
Eagle Parking - Arlo Parking Lot & Garage
-
Blue Mango Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Georgia Studio (Bike/Boat/Book/etc) Store
-
MENTALLY SOUND JOURNEY Life Coach
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.80M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$42.06M
Owner & transaction history
Penler Arlo LP · 3 yrs held
Penler Arlo LP
since 2022
Last sale
$56.5M
4 recorded transactions
Zoning & alternative use
G-C · Decatur, 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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$46,345,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$31,195,000
6.5%
$28,795,000
7%
$26,740,000
Blend value · Realmo final
$42.06M
Range $37.85M – $46.26M · ±10% · vs last sale $56.50M (Dec 14 2022)
Last sale anchor
$56.50M
Dec 14 2022
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
$302 / 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
$185,154
Tax year 2024
Assessed value
$21,696,000
Assessed 2024
Previous assessed
$21,696,000
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$2,169,600
Assessed improvement
$19,526,400
Land market value
$5,424,000
Improvement market value
$48,816,000
Total market value
$54,240,000
Applied tax rate
92.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2015
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Units
210
Total area
139,324 SF
Lot
2.48 ac (108,029 SF)
Zoning code
G-C
APN
15 246 02 024
UPID
US22-4658344
Jurisdiction
DE KALB
Zoning & alternative use
G-C · Decatur, GA
Zoning G-C · permitted uses
G-C · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
210
Lot
2.48 ac
Current owner
From public records · entity-resolved
Penler Arlo LP
Entity
Mailing address
2964 PEACHTREE RD NW STE #275, ATLANTA, GA 30305-2118
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2022
$56,500,000
Penler Arlo LP
Mcref Decatur LLC
Warranty Deed
$29,747,000 · Walker And Dunlop
Nov 29, 2006
—
Cypress Cityville At Decatur LP
Propco INC
Quit Claim Deed
related
—
Nov 29, 2006
$2,350,000
Cypress Cityville At Decatur LP
Maruti INC
Grant Deed
—
Jun 7, 2006
—
Maruti INC
—
Trustees Deed
related
$20,350 · Quantum Nat'l Bk
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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