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Property profile & analytics
OFF-MARKET
Garden apartment buildings
403 Knight Dr Statesboro, GA 30458
Individually Owned
17-yr Hold
Free & Clear
Property ID
US22-2132000
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1957
Construction
STEEL FRAME
Total area
2,857 SF
Lot
0.9 ac (39,204 SF)
Zoning code
O
APN
MS62 -007C-000
UPID
US22-2132000
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
Board Of Regents Of The Univer · 17 yrs held
Board Of Regents Of The Univer
since 2008
3 recorded transactions
Zoning & alternative use
O · Statesboro, 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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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 2023Property tax & assessments
Tax year 2023
Assessed value
$88,894
Assessed 2023
Previous assessed
$88,894
+0.0% YoY
Assessed land
$43,200
Assessed improvement
$45,694
Land market value
$108,000
Improvement market value
$114,235
Total market value
$222,235
Applied tax rate
1.0000
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
1957
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Total area
2,857 SF
Lot
0.9 ac (39,204 SF)
Zoning code
O
APN
MS62 -007C-000
UPID
US22-2132000
Jurisdiction
BULLOCH
Zoning & alternative use
O · Statesboro, GA
Zoning O · permitted uses
O · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Buildings
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
Board Of Regents Of The Univer
Individual
Free & Clear · 17 yrs held
Mailing address
270 WASHINGTON ST SW #6122, ATLANTA, GA 30334-9056
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2008
—
Board Of Regents Of The Univer
Not Provided
Deed
—
Dec 6, 2007
$1,150,000
Board Of Regents Of The Univer
Not Provided
Deed
—
Apr 5, 2006
$815,000
Board Of Regents Of The Univer
Not Provided
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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