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Property profile & analytics
OFF-MARKET
Garden apartment buildings
2892 Eastwyck Cir Decatur, GA 30032-6605
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1300746
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1964
Total area
6,252 SF
Lot
41.34 ac (1,800,770 SF)
Zoning code
RM75
APN
15 136 01 005
UPID
US22-1300746
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
-
Andresrazors Hair Salon
-
Eastwyck Mafia Island Apartment Complex Apartment Building
-
Villas at Decatur Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Villas At Decatur LLC · 4 yrs held
Villas At Decatur LLC
since 2022
Last sale
$50.7M
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$733,340
Tax year 2024
Assessed value
$16,240,000
Assessed 2024
Previous assessed
$20,236,805
-19.8% YoY
Effective rate
4.52%
On assessed value
Assessed land
$487,200
Assessed improvement
$15,752,800
Land market value
$1,218,000
Improvement market value
$39,382,000
Total market value
$40,600,000
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
1964
Heating
NONE
Buildings
83
Stories
2
Units
441
Total area
6,252 SF
Lot
41.34 ac (1,800,770 SF)
Zoning code
RM75
APN
15 136 01 005
UPID
US22-1300746
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
1964
Heating
NONE
Stories
2
Buildings
83
Units
441
Lot
41.34 ac
Current owner
From public records · entity-resolved
Villas At Decatur LLC
Entity
Mailing address
750 HAMMOND DR BLDG 16-350, ATLANTA, GA 30328-6106
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
Apr 26, 2022
$50,742,752
Villas At Decatur LLC
Nirvana Capital Grp Fund II LLC
Limited Warranty Deed
$49,125,000 · Fs Creit Originator
Jan 27, 2021
$36,000,000
Nirvana Capital Grp Fund II LLC
Contour Eastwyck LLC
Limited Warranty Deed
$2,300,000 · Arbor Commercial Funding I
Dec 5, 2018
—
Contour Eastwyck LLC
—
Grant Deed
related
$24,712,800 · Arbor Com'l Fndg I LLC
Feb 9, 2015
$7,500,000
Eastwyck Village LLC
Eastwyck Village Towne Houses
Trustees 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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