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Property profile & analytics
OFF-MARKET
Estimated value
$14,920,000
Garden apartment buildings
3019 Ben Hl Ave, East Point, GA 30344
Entity Owned
5-yr Hold
Property ID
US22-0826924
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1965
Construction
WOOD
Total area
6,432 SF
Lot
3.24 ac (141,134 SF)
Zoning code
C1
APN
14 018900010185
UPID
US22-0826924
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
$12.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.89M
Blend (final)
Blend
$14.92M
Owner & transaction history
Cl Lexington LP · 5 yrs held
Cl Lexington LP
since 2021
Last sale
$16.3M
5 recorded transactions
Zoning & alternative use
C1 · East Point, 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 East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point 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
$12,295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.92M
Range $13.43M – $16.41M · ±10% · vs last sale $16.25M (Mar 17 2021)
Last sale anchor
$16.25M
Mar 17 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
$2,320 / 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
$16,983
Tax year 2023
Assessed value
$601,680
Assessed 2023
Previous assessed
$601,680
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$180,000
Assessed improvement
$421,680
Land market value
$450,000
Improvement market value
$1,054,200
Total market value
$1,504,200
Applied tax rate
20.0000
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
1965
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
5
Stories
1
Units
6
Bathrooms
10
Total area
6,432 SF
Lot
3.24 ac (141,134 SF)
Zoning code
C1
APN
14 018900010185
UPID
US22-0826924
Jurisdiction
FULTON
Zoning & alternative use
C1 · East Point, GA
Zoning C1 · permitted uses
C1 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Units
6
Bathrooms
10
Lot
3.24 ac
Current owner
From public records · entity-resolved
Cl Lexington LP
Entity
Mailing address
1 EXECUTIVE BLVD STE #206, SUFFERN, NY 10901-4157
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2021
$16,250,000
Cl Lexington LP
Lex Apts LLC
Limited Warranty Deed
—
Mar 17, 2021
—
Cl Lexington LP
Lex Apts LLC
Quit Claim Deed
related
—
Sep 18, 2017
$10,339,000
Lex Apts LLC
Jamco Lexington LLC
Grant Deed
related
—
—
—
Jamco Lexington LLC
—
Deed Of Trust
related
$24,500,000 · Georgias Own Credit Union
—
—
Jamco Lexington LLC
—
Deed Of Trust
related
$4,762,500 · Delta Community Cu
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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