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Property profile & analytics
OFF-MARKET
Estimated value
$6,835,000
Garden apartment buildings
3500 Pt Pkwy Alpharetta, GA 30005-4170
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-1328157
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1995
Construction
WOOD
Total area
24,215 SF
Lot
11 ac (479,160 SF)
Zoning code
CUP
APN
11 001000010277
UPID
US22-1328157
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
-
IMT Alpharetta Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.84M
Owner & transaction history
Imt Capital IV Alpharetta LLC · 7 yrs held
Imt Capital IV Alpharetta LLC
since 2018
5 recorded transactions
Zoning & alternative use
CUP · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
A planned mixed use district which allows the combination of dwelling, For Sale, and dwelling, For Rent,residentialuses, neighborhood shopping use, or office and institutional use in accordance with a specific concept plan
Zone name
Community Unit Plan
General category
MIXED_USE
Zone area
6,155.38 ac
Source
Realmo
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 Alpharetta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alpharetta 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
by Request
CAP Approach
CAP Return
Estimation
6%
$5,420,000
6.5%
$5,005,000
7%
$4,645,000
Blend value · Realmo final
$6.84M
Range $6.15M – $7.52M · ±10%
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
$282 / 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
$933,026
Tax year 2023
Assessed value
$33,055,560
Assessed 2023
Previous assessed
$20,600,000
+60.5% YoY
Effective rate
2.82%
On assessed value
Assessed land
$2,448,000
Assessed improvement
$30,607,560
Land market value
$6,120,000
Improvement market value
$76,518,900
Total market value
$82,638,900
Applied tax rate
10.0000
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
1995
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
8
Stories
1
Units
25
Bathrooms
13
Total area
24,215 SF
Lot
11 ac (479,160 SF)
Zoning code
CUP
APN
11 001000010277
UPID
US22-1328157
Jurisdiction
FULTON
Zoning & alternative use
CUP · Alpharetta, GAZoning CUP · permitted uses
CUP · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
A planned mixed use district which allows the combination of dwelling, For Sale, and dwelling, For Rent,residentialuses, neighborhood shopping use, or office and institutional use in accordance with a specific concept plan
Zone name
Community Unit Plan
General category
MIXED_USE
Zone area
6,155.38 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1995
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
8
Units
25
Bathrooms
13
Lot
11 ac
Current owner
From public records · entity-resolved
Imt Capital IV Alpharetta LLC
Entity
Mailing address
15303 VENTURA BLVD STE #200, SHERMAN OAKS, CA 91403-3126
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Dec 28, 2018
$55,200,000
Imt Capital IV Alpharetta LLC
Wop Cypress Point LLC
Grant Deed
related
$1,000,000,000 · Federal Hm Ln Mtg
Nov 18, 2015
$47,600,000
Wop Cypress Point LLC
Sg Cypress Point-alpharetta Ll
Grant Deed
$34,400,000 · Cibc
Oct 31, 2011
—
Sg Cypress Point-alpharetta Ll
Cypress Point Apartments INC
Quit Claim Deed
related
$20,775,000 · Bank Of North Georgia
Oct 31, 2011
$27,700,000
Sg Cypress Point-alpharetta Ll
Cypress Point Apartments INC
Grant Deed
related
—
Oct 21, 2011
—
Cypress Point Apartments INC
—
Deed Of Trust
related
$15,000,000 · Massachusetts Mutual Life Ins
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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