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Property profile & analytics
OFF-MARKET
Estimated value
$4,470,000
Garden apartment buildings
2905 Springdale SW Rd Atlanta, GA 30315-7838
Individually Owned
1-yr Hold
Absentee Owner
Property ID
US22-0706336
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Construction
WOOD
Total area
12,688 SF
Lot
2.96 ac (128,938 SF)
Zoning code
RG2
APN
14 010000030643
UPID
US22-0706336
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
-
Best Girl Auto Auto Repair Shop
-
New Village Apartment Complex
-
Arcadia Downs Apartments Apartment Building
-
Twisted Maxine's LLC Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.47M
Owner & transaction history
Aero Mortgage Loan Reo Subsidiary 2 · 1 yrs held
Aero Mortgage Loan Reo Subsidiary 2
since 2025
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
RG2 · Atlanta, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
$3,770,000
ML approach
$4,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.47M
Range $4.02M – $4.92M · ±10% · vs last sale $4.96M (Apr 1 2025)
Last sale anchor
$4.96M
Apr 1 2025
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
$352 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$69,643
Tax year 2023
Assessed value
$1,682,200
Assessed 2023
Previous assessed
$1,682,200
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$512,000
Assessed improvement
$1,170,200
Land market value
$1,280,000
Improvement market value
$2,925,500
Total market value
$4,205,500
Applied tax rate
5.0000
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
1972
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
6
Stories
1
Units
8
Bathrooms
10
Total area
12,688 SF
Lot
2.96 ac (128,938 SF)
Zoning code
RG2
APN
14 010000030643
UPID
US22-0706336
Jurisdiction
FULTON
Zoning & alternative use
RG2 · Atlanta, GA
Zoning RG2 · permitted uses
RG2 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
6
Units
8
Bathrooms
10
Lot
2.96 ac
Current owner
From public records · entity-resolved
Aero Mortgage Loan Reo Subsidiary 2
Individual
Mailing address
400 W PEACHTREE ST NW UNIT #3004, ATLANTA, GA 30308-3556
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2026
—
Tds Capital 3 LLC
—
Deed
related
$3,655,000 · Tucky Lending
Oct 29, 2025
—
Aero Mortgage Loan Reo Subsidi
—
Deed
related
$15,162,800 · Axos Bank
Apr 1, 2025
$4,955,148
Aero Mortgage Loan Reo Subsidiary 2
Bolden Village Apartments LLC
Warranty Deed
—
Dec 29, 2023
—
Bolden Village Apartments LLC
—
Deed
related
$1,300,000 · Paper Profits V3
Dec 11, 2023
—
Bolden Village Apartments LLC
—
Deed
related
$1,300,000 · Paper Profits V3
Apr 9, 2021
—
Red Carpet Investments LLC
—
Deed
related
$58,000 · Weisblatt Chava
Oct 9, 2020
—
Bolden Village Apartments LLC
—
Deed Of Trust
related
$200,000 · Macoy Capital Partners INC
May 8, 2020
—
Bolden Village Apartments LLC
Red Carpet Investments LLC
Quit Claim Deed
related
$1,250,000 · Macoy Capital Partners INC
May 20, 2019
—
Red Carpet Investments LLC
—
Trustees Deed
related
$1,250,000 · Macoy Cap Ptrs INC
Apr 9, 2018
—
Red Carpet Investments LLC
—
Deed
related
$1,250,000 · Westmoore Lending Partners IV
Aug 25, 2015
—
Red Carpet Investments LLC
R & G Invs & Holdings LLC
Quit Claim Deed
related
$1,150,000 · Private Individual
Jul 19, 2012
—
R & G Investments & Holdings LLC
Mitchell,teresa C
Quit Claim Deed
related
—
Jul 19, 2012
$3,000
R & G Investments & Holdings LLC
Eayrs,allan F
Grant Deed
related
—
Jul 7, 2011
$700,000
R & G Investments & Holdings LLC
Lenders Credit Corp
Grant Deed
related
—
Jun 20, 2011
$425,000
Lenders Credit Corp
City Natl Bk
Grant Deed
related
—
Dec 9, 2010
$1,350,000
City Natl Bk
Mitchell,teresa C
Trustees Deed
related
—
Aug 26, 2004
—
Mitchell,teresa C
Mitchell,jeffrey S
Quit Claim Deed
related
$1,650,000 · Imperial Cap Bk
Aug 26, 2004
$2,200,000
Mitchell,teresa C
Eayrs,allan F
Warranty Deed
—
Feb 17, 2004
—
Eayrs,allan F
Eayrs,ernest J
Quit Claim Deed
related
—
—
—
Bolden Village Apartments LLC
—
Loan Modification
related
$1,250,000 · Macoy Capital Partners INC
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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