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    3453 Busbee NW Dr Kennesaw, GA 30144-5595
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    Property profile & analytics

    3453 Busbee NW Dr, Kennesaw, GA 30144-5595

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    • Garden apartment buildings
    • 382,704 SF
    • 18.72 lot acres
    Off-Market
    Last Sale Apr 8, 2022
    $70,436,000
    Property ID
    US22-3269649
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Blake / Apartment Rental Agency / Apartment Complex
    • Zipcar / Car Rental Facility
    • Sparrow travels / Travel Agency

    Property Details for 3453 Busbee NW Dr

    Year built
    2013
    Lot size
    18.72 lot acres
    Zone code
    RM-16
    Property type
    Garden apartment buildings
    APN
    16036100020
    APU
    16036100020

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 31, 2024 — Gep Xi Blake LLC — Deed · related $62.7M · Cbre Multifamily Capital INC
    Sep 23, 2024 $73,980,000 Gep Xi Blake LLC 3453 Busbee Dr Ga Owner LLC Deed —
    May 9, 2022 — 3453 Busbee Dr Ga Owner LLC — Deed · related $248.1M · Morgan Stanley Bank NA
    Apr 8, 2022 $70,436,000 3453 Busbee Dr Ga Owner LLC Student Housing Spe Busbee LLC Limited Warranty Deed —
    Apr 9, 2018 — Student Housing Spe-busbee LLC — Deed · related $7.1M · Berkadia Com'l Mtg
    Nov 18, 2014 $49,725,000 Student Housing Spe-busbee LLC Ga-ksu Holdings LLC Grant Deed · related $42.7M · Berkadia Com'l Mtg
    Aug 30, 2012 $4,375,000 Ga-ksu Holdings LLC Argonaut Associates Ltd LP Grant Deed · related $34.2M · Pnc Bank
    — — Student Housing Spe-busbee LLC — Deed Of Trust · related $7.1M · Berkadia Com'l Mtg

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
    • CAP approach

      CAP Return
      Estimation
      6%
      $85,690,000
      6.5%
      $79,095,000
      7%
      $73,445,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $86,749,000
      Market price range: $46.1M - $142M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $81,800,000
      Current use
      MEDICAL BUILDING
      $94,000,000
      Change: +15% Conversion: Moderate
      RETAIL STORES
      $83,385,000
      Change: +2% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $76,160,000
      Change: -7% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $74,985,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5764
    Latitude
    34.0384
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $842,501
    $3,496,132
    $24,447,508
    $27,943,640
    -
    $8,740,330
    $61,118,770
    $69,859,100
    More about this property
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