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Property profile & analytics
OFF-MARKET
Estimated value
$8,560,000
Assisted living facilities
2920 Pharr Ct Snw Atlanta, GA 30305-2104
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-4645613
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1968
Total area
81,488 SF
Lot
2.01 ac (87,556 SF)
Zoning code
RG5
APN
17 010000070808
UPID
US22-4645613
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.01M
Blend (final)
Blend
$8.56M
Owner & transaction history
Bh 2920 Pharr Court South LLC · 1 yrs held
Bh 2920 Pharr Court South LLC
since 2024
7 recorded transactions
Zoning & alternative use
RG5 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$12,840,000
Current use
Blend value · Realmo final
$8.56M
Range $7.70M – $9.42M · ±10%
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
$105 / 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
$270,743
Tax year 2023
Assessed value
$6,539,680
Assessed 2023
Previous assessed
$5,892,800
+11.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$4,840,000
Assessed improvement
$1,699,680
Land market value
$12,100,000
Improvement market value
$4,249,200
Total market value
$16,349,200
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1968
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
220
Total area
81,488 SF
Lot
2.01 ac (87,556 SF)
Zoning code
RG5
APN
17 010000070808
UPID
US22-4645613
Jurisdiction
FULTON
Zoning & alternative use
RG5 · Atlanta, GAZoning RG5 · permitted uses
RG5 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$12.8M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
220
Lot
2.01 ac
Current owner
From public records · entity-resolved
Bh 2920 Pharr Court South LLC
Entity
Mailing address
2920 PO BOX 847TH NW, CARLSBAD, CA 92018-0847
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
—
Bh 2920 Pharr Court South LLC
G&e Hc Reit 2 Buckhead Snf LLC
Warranty Deed
—
Jul 1, 2024
$15,597,000
Bh 2920 Pharr Court South LLC
G&e Hc Reit 2 Buckhead Snf LLC
Warranty Deed
$142,000,000 · Dmt Spe 1
Aug 5, 2019
—
G & E Hc Reit II Buckhead Snf Ll
—
Grant Deed
related
$1,025,000,000 · Citi R/e Fndg INC
Jan 6, 2015
—
Ga Hc Reit II Johns Creek Ga M
—
Grant Deed
related
$1,878,000,000 · Citigroup Global Markets
Jan 13, 2012
$10,177,700
G Ll
Powder Springs Road Assocs LP
Grant Deed
—
Mar 1, 2006
$12,556,500
Powder Springs Road Assocs LLC
Nursecare Of Atlanta INC
Grant Deed
—
Mar 1, 2006
—
Powder Springs Road Assocs LLC
Nursecare Of Atlanta INC
Quit Claim Deed
related
$20,300 · Cit Healthcare LLC
Feb 24, 2006
$13,000,000
Powder,springs Rd Associates L
Nursecare Of Atlanta INC
Grant Deed
—
Feb 24, 2006
—
Powder,springs Rd Associates L
Nursecare Of Atlanta INC
Grant Deed
related
—
—
—
G & E Hc Reit II Buckhead Snf
—
Deed Of Trust
related
$1,878,000,000 · Citigroup Global Markets
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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