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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Garden apartment buildings
2520 Candler Rd Decatur, GA 30032-6524
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0168424
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Total area
9,802 SF
Lot
5.03 ac (219,107 SF)
Zoning code
RM75
APN
15 137 15 027
UPID
US22-0168424
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
$2.37M
CAP Approach
CAP
$2.03M
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$2.38M
Owner & transaction history
Oliver Manors Apartments LLC · 4 yrs held
Oliver Manors Apartments LLC
since 2022
Last sale
$2.7M
6 recorded transactions
Zoning & alternative use
RM75 · Decatur, GA
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
$2,205,000
ML approach
$2,370,000
CAP Approach
CAP Return
Estimation
6%
$2,195,000
6.5%
$2,025,000
7%
$1,880,000
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±10% · vs last sale $2.69M (Jan 28 2022)
Last sale anchor
$2.69M
Jan 28 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
$242 / 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
$114,728
Tax year 2024
Assessed value
$714,337
Assessed 2024
Previous assessed
$714,337
+0.0% YoY
Effective rate
16.06%
On assessed value
Assessed land
$200,014
Assessed improvement
$514,323
Land market value
$500,036
Improvement market value
$1,285,807
Total market value
$1,785,843
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
Heating
NONE
Cooling
YES
Buildings
7
Stories
2
Units
64
Total area
9,802 SF
Lot
5.03 ac (219,107 SF)
Zoning code
RM75
APN
15 137 15 027
UPID
US22-0168424
Jurisdiction
DE KALB
Zoning & alternative use
RM75 · Decatur, GAZoning RM75 · permitted uses
RM75 · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home Page | Decatur GA
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Cooling
Yes
Stories
2
Buildings
7
Units
64
Lot
5.03 ac
Current owner
From public records · entity-resolved
Oliver Manors Apartments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5825 GLENRIDGE DR #33, ATLANTA, GA 30328-5387
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
—
Oliver Manors Apartments LLC
Oliver Capital Grp LLC
Quit Claim Deed
related
—
Dec 21, 2021
$2,690,000
Oliver Capital Grp LLC
Ia Holdings LLC
Limited Warranty Deed
$5,223,700 · A&s Capital
Jun 3, 2021
—
Ia Holdings LLC
Ia Real Estate LLC
Limited Warranty Deed
—
Jun 3, 2021
$750,000
Ia Real Estate LLC
Bh Winston Manor LLC
Warranty Deed
—
Oct 22, 2013
$550,000
Bh Winston Manor LLC
Butts,daniel T
Grant Deed
—
Oct 17, 2012
$672,000
Daniel T Butts
Lantz,john H
Grant Deed
$571,000 · First Citizens Bank & Trust Co
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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