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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Garden apartment buildings
2650 Burrell NW Ct Kennesaw, GA 30144-3508
Entity Owned
6-yr Hold
Free & Clear
Property ID
US22-0495593
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1955
Total area
972 SF
Lot
4.21 ac (183,518 SF)
Zoning code
CBD
APN
20016700310
UPID
US22-0495593
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
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Arris Kennesaw LLC · 6 yrs held
Arris Kennesaw LLC
since 2020
Last sale
$890,000
1 recorded transaction
Zoning & alternative use
CBD · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
the standards contained herein. When conflicts occur between requirements of these various regulatory documents, the most stringent standards should be followed. If a new construction or remodeling project is within the CBD but not a part of local historic district, the HPC is still required to comment on the project although final approval will be from Mayo…
Zone name
Central Business District
General category
COMMERCIAL
Zone area
246.57 ac
Source
Home - City of Kennesaw
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 Kennesaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennesaw 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
$915,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $890k (Feb 26 2020)
Last sale anchor
$890k
Feb 26 2020
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
$772 / 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
$279,498
Tax year 2024
Assessed value
$9,270,252
Assessed 2024
Previous assessed
$6,515,680
+42.3% YoY
Effective rate
3.01%
On assessed value
Assessed land
$648,772
Assessed improvement
$8,621,480
Land market value
$1,621,930
Improvement market value
$21,553,700
Total market value
$23,175,630
Applied tax rate
3.0000
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
1955
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Units
98
Rooms
5
Bathrooms
1
Total area
972 SF
Lot
4.21 ac (183,518 SF)
Zoning code
CBD
APN
20016700310
UPID
US22-0495593
Jurisdiction
COBB
Zoning & alternative use
CBD · Kennesaw, GAZoning CBD · permitted uses
CBD · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
the standards contained herein. When conflicts occur between requirements of these various regulatory documents, the most stringent standards should be followed. If a new construction or remodeling project is within the CBD but not a part of local historic district, the HPC is still required to comment on the project although final approval will be from Mayor and Council. Design Review Submittal Scenario Requirements 1. Minor Land Disturba
Zone name
Central Business District
General category
COMMERCIAL
Zone area
246.57 ac
Source
Home - City of Kennesaw
Building & site characteristics
From public records
Year built
1955
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
98
Rooms
5
Bathrooms
1
Lot
4.21 ac
Current owner
From public records · entity-resolved
Arris Kennesaw LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 20197, ATLANTA, GA 30325-0197
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2020
$890,000
Arris Kennesaw LLC
David H Cook
Grant Deed
—
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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