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Property profile & analytics
OFF-MARKET
Estimated value
$5,400,000
Garden apartment buildings
4098 Cobb SE Dr Smyrna, GA 30080-6304
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1003217
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1985
Total area
117,888 SF
Lot
8.82 ac (384,199 SF)
Zoning code
RM-12
APN
17055100010
UPID
US22-1003217
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
-
SoCO Apartments at Vinings Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.40M
Owner & transaction history
Dxe 4098 Cobb LLC · 5 yrs held
Dxe 4098 Cobb LLC
since 2020
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
RM-12 · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RM-12 district is comprised primarily of existing medium density residential areas of the city and suitable vacant or open areas where similar residential development appears likely to occur. The intent in establishing the RM12 district, is to preserve and protect existing residential development and to encourage similar and complementary type residentia…
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
691.27 ac
Source
Realmo
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$5,450,000
ML approach
$6,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.40M
Range $4.86M – $5.94M · ±10% · vs last sale $5.06M (Dec 18 2020)
Last sale anchor
$5.06M
Dec 18 2020
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
$46 / 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
$204,207
Tax year 2024
Assessed value
$6,773,040
Assessed 2024
Previous assessed
$5,985,800
+13.2% YoY
Effective rate
3.01%
On assessed value
Assessed land
$1,398,484
Assessed improvement
$5,374,556
Land market value
$3,496,210
Improvement market value
$13,436,390
Total market value
$16,932,600
Applied tax rate
9.0000
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
1985
Heating
NONE
Buildings
6
Units
106
Total area
117,888 SF
Lot
8.82 ac (384,199 SF)
Zoning code
RM-12
APN
17055100010
UPID
US22-1003217
Jurisdiction
COBB
Zoning & alternative use
RM-12 · Smyrna, GAZoning RM-12 · permitted uses
RM-12 · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RM-12 district is comprised primarily of existing medium density residential areas of the city and suitable vacant or open areas where similar residential development appears likely to occur. The intent in establishing the RM12 district, is to preserve and protect existing residential development and to encourage similar and complementary type residential development together with associated recreational, religious and educational facilities
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
691.27 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Buildings
6
Units
106
Lot
8.82 ac
Current owner
From public records · entity-resolved
Dxe 4098 Cobb LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4910 MERRICK RD UNIT #33, MASSAPEQUA PARK, NY 11762-5003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2020
—
Dxe 4098 Cobb LLC
Vinings Apartments LLC
Grant Deed
—
Dec 14, 2018
$15,990,000
Vinings Apartments LLC
Arbors Atlanta Apartments LLC
Grant Deed
$10,935,340 · Greystone Svcng Corp
Mar 1, 2017
—
Arbors Atlanta Apartments LLC
—
Deed
related
$1,525,000 · Cbre Cap Markets
Jan 8, 2014
—
Arbors Atlanta Apartments LLC
Arbors Of Georgia LLC
Quit Claim Deed
related
$5,420,000 · Cbre Cap Markets
Jan 8, 2014
$6,775,000
Arbors Atlanta Apartments LLC
Arbors Of Georgia LLC
Grant Deed
related
—
Dec 2, 2004
$5,775,000
Arbors Of Georgia LLC
Arbors Associates Ltd
Grant Deed
related
—
—
—
Arbors Atlanta Apartments LLC
—
Deed Of Trust
related
$1,525,000 · 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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