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Property profile & analytics
OFF-MARKET
Estimated value
$24,115,000
High-rise multifamily apartments
3200 Lk Colony Dr Peachtree Corners, GA 30071-1023
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-0763089
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1971
Construction
WOOD
Total area
22,208 SF
Lot
15.26 ac (664,726 SF)
Zoning code
RM8-MULTI-FAM RES
APN
6-277 -015
UPID
US22-0763089
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
$30.01M
Blend (final)
Blend
$24.12M
Owner & transaction history
Lake Colony 2021 LLC · 4 yrs held
Lake Colony 2021 LLC
since 2021
Last sale
$23.2M
7 recorded transactions
Zoning & alternative use
RM8-MULTI-FAM RES · Peachtree Corners, 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 Peachtree Corners submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peachtree Corners 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
$20,005,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$24.12M
Range $21.70M – $26.53M · ±10% · vs last sale $23.22M (Jul 21 2021)
Last sale anchor
$23.22M
Jul 21 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
$1,086 / 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
$276,746
Tax year 2023
Assessed value
$7,726,320
Assessed 2023
Previous assessed
$7,726,320
+0.0% YoY
Effective rate
3.58%
On assessed value
Assessed land
$2,127,120
Assessed improvement
$5,599,200
Land market value
$5,317,800
Improvement market value
$13,998,000
Total market value
$19,315,800
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
6
Stories
2
Total area
22,208 SF
Lot
15.26 ac (664,726 SF)
Zoning code
RM8-MULTI-FAM RES
APN
6-277 -015
UPID
US22-0763089
Jurisdiction
GWINNETT
Zoning & alternative use
RM8-MULTI-FAM RES · Peachtree Corners, GA
Zoning RM8-MULTI-FAM RES · permitted uses
RM8-MULTI-FAM RES · Peachtree Corners, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peachtree Corners. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Buildings
6
Lot
15.26 ac
Current owner
From public records · entity-resolved
Lake Colony 2021 LLC
Entity
Mailing address
3300 BUCKEYE RD STE #777, ATLANTA, GA 30341-4234
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
Jul 21, 2021
$23,220,000
Lake Colony 2021 LLC
Lc Schorr LLC
Limited Warranty Deed
$21,440,000 · Group Commercial Mortgage
Jul 10, 2020
—
Lc Schorr LLC
Lake Colony Partners LLC
Quit Claim Deed
related
—
Jul 10, 2020
$16,750,000
Lc Schorr LLC
Lake Colony Partners LLC
Grant Deed
related
—
Feb 2, 2011
—
Lake Colony Partners LLC
Lake Colony Drive LLC
Quit Claim Deed
related
—
Feb 2, 2011
$5,249,000
Lake Colony Partners LLC
Lake Colony Drive LLC
Grant Deed
related
$3,149,400 · Cuna Mutual Insurance Society
Feb 10, 2009
$4,750,000
Lake Colony Drive LLC
Lake Colony Apartments INC
Trustees Deed
related
—
Feb 3, 2009
—
Lake Colony Drive LLC
Lake Colony Apartments INC
Quit Claim Deed
related
—
—
—
Lake Colony Partners LLC
—
Deed Of Trust
related
$4,383,000 · Grandbridge R/e Cap
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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