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Property profile & analytics
OFF-MARKET
Estimated value
$11,780,000
Garden apartment buildings
296 Roy Huie Rd, Riverdale, GA 30274-1866
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1370967
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Total area
122 SF
Lot
12.23 ac (532,739 SF)
Zoning code
C
APN
13-117C- A-001
UPID
US22-1370967
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
-
Stonegate Townhomes Apartment Complex
-
JC Elite Braids Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.07M
Blend (final)
Blend
$11.78M
Owner & transaction history
Scc Stonegate Holdings LP · 4 yrs held
Scc Stonegate Holdings LP
since 2021
Last sale
$12.3M
7 recorded transactions
Zoning & alternative use
C · Riverdale, 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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
$13,645,000
ML approach
$9,695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.78M
Range $10.60M – $12.96M · ±10% · vs last sale $12.25M (Sep 24 2021)
Last sale anchor
$12.25M
Sep 24 2021
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
$96,557 / 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
$129,208
Tax year 2024
Assessed value
$538,120
Assessed 2024
Previous assessed
$5,173,684
-89.6% YoY
Effective rate
24.01%
On assessed value
Assessed land
$538,120
Assessed improvement
$5,214,596
Land market value
$1,345,300
Improvement market value
$13,036,491
Total market value
$14,381,791
Applied tax rate
6.0000
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
Heating
NONE
Total area
122 SF
Lot
12.23 ac (532,739 SF)
Zoning code
C
APN
13-117C- A-001
UPID
US22-1370967
Jurisdiction
CLAYTON
Zoning & alternative use
C · Riverdale, GA
Zoning C · permitted uses
C · Riverdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
12.23 ac
Current owner
From public records · entity-resolved
Scc Stonegate Holdings LP
Entity
Mailing address
11720 AMBER PARK DR STE #160, ALPHARETTA, GA 30009-2271
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2021
$12,250,000
Scc Stonegate Holdings LP
Mwd Investment LLC
Limited Warranty Deed
$10,350,000 · Iborrow Credit II
Sep 2, 2014
—
Mwd Investment LLC
Mwd Investment LLC
Quit Claim Deed
related
—
Jul 17, 2014
$1,960,000
Mwd Investment LLC
Read-south
Grant Deed
$1,470,000 · Read-south LLC
Jul 17, 2014
—
Real Estate Acquisition
Redi-floors INC
Quit Claim Deed
related
—
Feb 10, 2014
—
Read-south LLC
Real Estate Acquisition & Dev
Quit Claim Deed
related
—
Nov 14, 2013
$4,650,000
Real Estate Acquisition
Armi Riverdale LLC
Trustees Deed
—
Sep 18, 2013
—
Armi Forest Park LLC
—
Trustees Deed
related
$4,650,000 · Real Estate Acquisition & Dev
Nov 3, 2011
$2,860,419
Armi Riverdale LLC
Heritage-riverdale LP
Trustees 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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