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Property profile & analytics
OFF-MARKET
Garden apartment buildings
3538 Pleasantdale Rd Atlanta, GA 30340
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-1310018
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Total area
9,367 SF
Lot
10.25 ac (446,490 SF)
Zoning code
RM75
APN
18 291 03 045
UPID
US22-1310018
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Parkside 281 LLC
Parkside 281 LLC
since 2025
Last sale
$31.5M
5 recorded transactions
Zoning & alternative use
RM75 · Atlanta, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$163,695
Tax year 2024
Assessed value
$7,846,080
Assessed 2024
Previous assessed
$8,549,320
-8.2% YoY
Effective rate
2.09%
On assessed value
Assessed land
$776,394
Assessed improvement
$7,069,686
Land market value
$1,940,985
Improvement market value
$17,674,215
Total market value
$19,615,200
Applied tax rate
4.0000
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
Heating
NONE
Cooling
YES
Buildings
17
Stories
2
Units
140
Total area
9,367 SF
Lot
10.25 ac (446,490 SF)
Zoning code
RM75
APN
18 291 03 045
UPID
US22-1310018
Jurisdiction
DE KALB
Zoning & alternative use
RM75 · Atlanta, GA
Zoning RM75 · permitted uses
RM75 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Cooling
Yes
Stories
2
Buildings
17
Units
140
Lot
10.25 ac
Current owner
From public records · entity-resolved
Parkside 281 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1215 TUXEDO TER, LAKEWOOD, NJ 08701-1671
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Sep 15, 2025
—
Parkside 281 LLC
Lhnh Parkside Apartments LLC
Quitclaim Deed
related
—
Sep 15, 2025
$31,500,000
Parkside 281 LLC
Lhnh Parkside Apartments LLC
Warranty Deed
—
Jul 24, 2019
$27,740,000
Lhnh Parkside Apartments LLC
Azalea Ridge Z LLC
Trustees Deed
$22,824,000 · Jones Lang Lasalle Multifamily
Feb 15, 2018
—
Azalea Ridge Z LLC
Checkmate Investors Ltd
Quit Claim Deed
related
—
Jan 31, 2018
$19,108,000
Azalea Ridge Z LLC
Checkmate Investors Ltd
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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