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Property profile & analytics
OFF-MARKET
Estimated value
$15,430,000
Garden apartment buildings
300 Carpenter Dr, Sandy Springs, GA 30328-5023
Entity Owned
4-yr Hold
Property ID
US22-1636692
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Construction
WOOD
Total area
42,551 SF
Lot
5.36 ac (233,482 SF)
Zoning code
A1
APN
17 0070 LL0596
UPID
US22-1636692
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
$12.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.84M
Blend (final)
Blend
$15.43M
Owner & transaction history
Sandy Springs Residences LLC · 4 yrs held
Sandy Springs Residences LLC
since 2022
Last sale
$20.7M
3 recorded transactions
Zoning & alternative use
A1 · Sandy Springs, 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 Sandy Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandy Springs 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
$12,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.43M
Range $13.89M – $16.97M · ±10% · vs last sale $20.71M (Apr 12 2022)
Last sale anchor
$20.71M
Apr 12 2022
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
$363 / 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
$225,985
Tax year 2023
Assessed value
$8,006,280
Assessed 2023
Previous assessed
$8,006,280
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$816,000
Assessed improvement
$7,190,280
Land market value
$2,040,000
Improvement market value
$17,975,700
Total market value
$20,015,700
Applied tax rate
59.0000
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
1969
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
6
Stories
1
Units
24
Bathrooms
4
Total area
42,551 SF
Lot
5.36 ac (233,482 SF)
Zoning code
A1
APN
17 0070 LL0596
UPID
US22-1636692
Jurisdiction
FULTON
Zoning & alternative use
A1 · Sandy Springs, GA
Zoning A1 · permitted uses
A1 · Sandy Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandy Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
6
Units
24
Bathrooms
4
Lot
5.36 ac
Current owner
From public records · entity-resolved
Sandy Springs Residences LLC
Entity
Mailing address
60 E 42ND ST STE #1300, NEW YORK, NY 10165-1315
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2022
$20,706,000
Sandy Springs Residences LLC
Arcan Parkside Sandy Springs LLC
Warranty Deed
—
Feb 16, 2018
$10,250,000
Arcan Parkside Sandy Springs L
Park Terrace Apartments LLC
Grant Deed
related
$10,500,000 · Hunt Fin Co LLC
Jan 14, 2005
$3,850,000
Rees 426 LLC
Park Terrace Associates LLC
Grant 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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