Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,390,000
Garden apartment buildings
3751 Martin Luther King Jr SW Dr Atlanta, GA 30331-3506
Entity Owned
2-yr Hold
Property ID
US22-3835337
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
14,070 SF
Lot
5.77 ac (251,341 SF)
Zoning code
RG3
APN
14F001500040327
UPID
US22-3835337
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
$7.39M
Owner & transaction history
Woodlawn Partners LLC · 2 yrs held
Woodlawn Partners LLC
since 2023
7 recorded transactions
Zoning & alternative use
RG3 · 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
$525 / 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
Previous assessed
$2,244,040
Applied tax rate
5.0000
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
1966
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
100
Total area
14,070 SF
Lot
5.77 ac (251,341 SF)
Zoning code
RG3
APN
14F001500040327
UPID
US22-3835337
Jurisdiction
FULTON
Zoning & alternative use
RG3 · Atlanta, GA
Zoning RG3 · permitted uses
RG3 · 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
1966
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
100
Lot
5.77 ac
Current owner
From public records · entity-resolved
Woodlawn Partners LLC
Entity
Mailing address
3751 MARTIN LUTHER KING JR DR SW, ATLANTA, GA 30331-3506
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2023
—
Woodlawn Partners LLC
Legacy Lending LLC
Quit Claim Deed
related
—
Oct 16, 2023
—
Legacy Lending LLC
Acorn Real Property Acquisition INC
Warranty Deed
—
Oct 31, 2022
$1,700,000
Christopher Flournoy
2 Big Legacy LLC
Quit Claim Deed
related
—
Jul 1, 2022
—
Acorn Real Property Acquisition INC
2 Big Legacy LLC
Quit Claim Deed
related
—
Jun 1, 2022
$17,000,000
2 Big Legacy LLC
Alvarez Investment Grp LLC
Special Warranty Deed
$11,900,000 · Legacy Lending
Apr 5, 2022
$9,927,958
Heritage Select LLC
Alvarez Investement Grp LLC
Warranty Deed
—
Apr 1, 2022
—
Standing Ovation Renovation LLC
Alvarez Investement Grp LLC
Quit Claim Deed
related
—
Dec 7, 2020
$10,250,000
Alvarez Investment Group LLC
Edgar Nelson INC
Grant Deed
$9,637,500 · Nubridge Com'l Lndg LLC
Mar 2, 2017
—
Edgar Nelson INC
—
Trustees Deed
related
$2,750,000 · Cason Hm Lns
Feb 10, 2015
—
Edgar Nelson INC
Charitable Connections INC
Quit Claim Deed
related
—
Feb 10, 2015
$570,000
Edgar Nelson INC
Charitable Connections INC
Grant Deed
—
Oct 28, 2014
—
Charitable Connections INC
City Of Atlanta
Quit Claim Deed
related
—
Mar 24, 2010
—
Fulton County City Of Atlanta
Charitable Connections INC
Grant Deed
related
—
Sep 2, 2008
—
Charitable Connections INC
Bank Of America NA
Quit Claim Deed
related
—
Aug 25, 2008
—
Charitable Connections INC
Bank,one NA
Grant Deed
related
—
Aug 22, 2008
—
Charitable Connections INC
Wells Fargo Bank NA
Grant Deed
related
—
Aug 21, 2008
—
Charitable Connections INC
Bank Of America
Grant Deed
related
—
Aug 20, 2008
—
Charitable Connections INC
National City Mtg Co
Grant Deed
related
—
Aug 19, 2008
—
Charitable Connections INC
Leinc Global Svcs LLC
Grant Deed
related
—
Aug 18, 2008
—
Charitable Connections INC
Federal National Mtg Assoc
Grant Deed
related
—
Aug 15, 2008
—
Charitable Connections INC
Colonial,savings Fa
Grant Deed
related
—
Aug 6, 2008
—
Charitable Connectons INC
Us Bank NA
Grant Deed
related
—
Aug 3, 2008
—
Charitable Connections INC
Washington Mutual Bank
Grant Deed
related
—
Dec 12, 2007
—
Park West One Assn INC
Dri Properties I LLC
Quit Claim Deed
related
—
Nov 11, 2007
—
Park West One Association INC
Dri Properties I LLC
Grant Deed
related
—
Oct 5, 2004
—
Cartwright Investment Props INC
Dri Properties I LLC
Quit Claim Deed
related
—
—
—
Edgar Nelson INC
—
Deed Of Trust
related
$4,405,000 · Sharestates Invs LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3751 Martin Luther King Jr SW Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
