New search
Property profile & analytics
OFF-MARKET
Estimated value
$34,330,000
Garden apartment buildings
3800 Brockett Trl Clarkston, GA 30021-1503
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0076246
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
12,096 SF
Lot
19.53 ac (850,727 SF)
Zoning code
RM85
APN
18 143 08 004
UPID
US22-0076246
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
-
Springdale Glen Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$30.99M
Blend (final)
Blend
$34.33M
Owner & transaction history
Springdale Glen Owner LLC · 4 yrs held
Springdale Glen Owner LLC
since 2021
Last sale
$35.6M
6 recorded transactions
Zoning & alternative use
RM85 · 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
Method
Estimation
Statistic approach
$35,135,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$34.33M
Range $30.90M – $37.76M · ±10% · vs last sale $35.60M (Aug 17 2021)
Last sale anchor
$35.60M
Aug 17 2021
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
$2,838 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$638,150
Tax year 2024
Assessed value
$14,600,000
Assessed 2024
Previous assessed
$17,175,480
-15.0% YoY
Effective rate
4.37%
On assessed value
Assessed land
$3,476,680
Assessed improvement
$11,123,320
Land market value
$8,691,700
Improvement market value
$27,808,300
Total market value
$36,500,000
Applied tax rate
34.0000
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
1973
Heating
NONE
Cooling
YES
Buildings
24
Stories
3
Units
276
Total area
12,096 SF
Lot
19.53 ac (850,727 SF)
Zoning code
RM85
APN
18 143 08 004
UPID
US22-0076246
Jurisdiction
DE KALB
Zoning & alternative use
RM85 · Clarkston, GA
Zoning RM85 · permitted uses
RM85 · 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
1973
Heating
NONE
Cooling
Yes
Stories
3
Buildings
24
Units
276
Lot
19.53 ac
Current owner
From public records · entity-resolved
Springdale Glen Owner LLC
Entity
Mailing address
4445 WILLARD AVE STE #900, CHEVY CHASE, MD 20815-3788
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Aug 17, 2021
$35,600,000
Springdale Glen Owner LLC
Smbv Clarkston Owner LLC
Limited Warranty Deed
$27,000,000 · Citizens Bank
Jan 30, 2019
—
Springdale Schorr LLC
Springdale Glen Partners LLC
Quit Claim Deed
related
—
Jan 11, 2017
$17,526,000
Springdale Glen Partners LLC
Brockett Road Partners LLC
Grant Deed
—
Dec 1, 2010
$2,843,200
Brockett Road Partners LLC
3800 Brockett Trail-clarkston
Grant Deed
$5,500,000 · Mutual Of Omaha Bank
Apr 6, 2010
—
Brockett Trail Clarkston 3800
Graoch,associates 69 Limit
Grant Deed
related
—
Apr 7, 2009
$4,340,000
Brockett Trl Clarkston Ll 3800
Graoch,associates 69 Limit
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.
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 3800 Brockett Trl?
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.
