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Property profile & analytics
OFF-MARKET
Estimated value
$104,315,000
High-rise multifamily apartments
2955 Buford Dr, Buford, GA 30519-5110
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-3394507
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2021
Construction
WOOD
Lot
14.66 ac (638,590 SF)
Zoning code
MUR-OVERLAY DISTRICT
APN
7-146 -004B
UPID
US22-3394507
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
by Request
Blend (final)
Blend
$104.32M
Owner & transaction history
Wmci Atlanta II LLC Etal · 3 yrs held
Wmci Atlanta II LLC Etal
since 2023
Last sale
$102.3M
7 recorded transactions
Zoning & alternative use
MUR-OVERLAY DISTRICT · Buford, 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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
$108,340,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$104.32M
Range $93.88M – $114.75M · ±10% · vs last sale $102.30M (Jan 17 2023)
Last sale anchor
$102.30M
Jan 17 2023
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
—
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
$505,650
Tax year 2023
Assessed value
$39,823,160
Assessed 2023
Previous assessed
$39,823,160
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,477,560
Assessed improvement
$37,345,600
Land market value
$6,193,900
Improvement market value
$93,364,000
Total market value
$99,557,900
Applied tax rate
1.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
3
Stories
4
Lot
14.66 ac (638,590 SF)
Zoning code
MUR-OVERLAY DISTRICT
APN
7-146 -004B
UPID
US22-3394507
Jurisdiction
GWINNETT
Zoning & alternative use
MUR-OVERLAY DISTRICT · Buford, GA
Zoning MUR-OVERLAY DISTRICT · permitted uses
MUR-OVERLAY DISTRICT · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
4
Buildings
3
Lot
14.66 ac
Current owner
From public records · entity-resolved
Wmci Atlanta II LLC Etal
Entity
Mailing address
3951 STILLMAN PKWY, GLEN ALLEN, VA 23060-4168
Ownership since
2023
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
Jan 17, 2023
$102,300,000
Wmci Atlanta II LLC Etal
Worthing Exchange At Gwinnett LP
Warranty Deed
$70,000,000 · Nationwide
Jan 17, 2023
$526,245
Fdg Krd Exchange Jv LLC
Worthing Exchange At Gwinnett LP
Warranty Deed
—
Nov 14, 2019
$11,020,000
Worthing Exchange At Gwinnett
Bcdc Gwinnett Fuqua Project
Grant Deed
$6,832,000 · Synovus Bk
Nov 14, 2019
$4,850,000
Fuqua Bcdc Gwinnett Golf Proje
Bcdc Gwinnett Fuqua Project
Trustees Deed
$21,500,000 · Aff III Tg Gwinnett LLC
Nov 14, 2019
$7,000,000
Magnolia-bu Properties LLC
Bcdc Gwinnett Fuqua Project
Grant Deed
—
Nov 8, 2019
—
Fuqua Bcdc Gwinnett Project Ow
Wb Holdings-gwinnett LLC
Quit Claim Deed
related
—
Nov 8, 2019
$17,963,700
Fuqua Bcdc Gwinnett Project Ow
Wb Holdings-gwinnett LLC
Grant Deed
—
Dec 23, 1996
—
William B Orkin Family Investm
Orkin,william B
Quit Claim Deed
related
—
—
—
Worthing Exchange At Gwinnett
—
Loan Modification
related
$6,832,000 · Synovus Bk
—
—
Worthing Exchange At Gwinnet L
—
Loan Modification
related
$49,071,140 · Synovus Bk
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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