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Property profile & analytics
OFF-MARKET
Garden apartment buildings
3635 Indian Crk Way Clarkston, GA 30021-2004
Entity Owned
12-yr Hold
Free & Clear
Property ID
US22-1996998
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1965
Total area
1,836 SF
Lot
4 ac (174,240 SF)
Zoning code
RM75
APN
18 067 04 001
UPID
US22-1996998
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
Rachels Court Apartments LLC · 12 yrs held
Rachels Court Apartments LLC
since 2014
6 recorded transactions
Zoning & alternative use
RM75 · Clarkston, 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 Clarkston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarkston 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
$2,838
Tax year 2024
Assessed value
$44,850
Assessed 2024
Previous assessed
$44,850
+0.0% YoY
Effective rate
6.33%
On assessed value
Assessed land
$44,850
Land market value
$112,126
Total market value
$112,126
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Cooling
YES
Stories
2
Total area
1,836 SF
Lot
4 ac (174,240 SF)
Zoning code
RM75
APN
18 067 04 001
UPID
US22-1996998
Jurisdiction
DE KALB
Zoning & alternative use
RM75 · Clarkston, GA
Zoning RM75 · permitted uses
RM75 · Clarkston, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clarkston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Cooling
Yes
Stories
2
Lot
4 ac
Current owner
From public records · entity-resolved
Rachels Court Apartments LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 81612, CHAMBLEE, GA 30366-1612
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2014
$900,000
Rachels Court Apartments LLC
Southeast Partnership LLC
Grant Deed
—
Apr 18, 2014
—
Rachels Court Apartments LLC
Southeast Partnership LLC
Quit Claim Deed
related
$565,000 · Branch Bk&tr
Dec 5, 2011
—
Southeast Partnership LLC
Chen,steven
Grant Deed
$250,000 · Steven Chen
Oct 10, 2011
$527,500
Steven Chen
City Natl Bk
Grant Deed
—
—
—
Interstate East Management INC
—
Deed Of Trust
related
$1,256,250 · Imperial Capital Bank
—
—
Rachels Court Apartments LLC
—
Deed Of Trust
related
$1,130,000 · Cbre Cap Markets
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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