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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Garden apartment buildings
4225 Ew Connector SE Smyrna, GA 30082-4994
Entity Owned
6-yr Hold
Free & Clear
Property ID
US22-3878007
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Lot
2.82 ac (122,839 SF)
Zoning code
RHR
APN
17060601130
UPID
US22-3878007
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
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$785k
Owner & transaction history
Hearthside Smyrna LP · 6 yrs held
Hearthside Smyrna LP
since 2020
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
RHR · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RHR district is comprised of suitable vacant or open areas where high density residential development appears likely to occur. The intent in establishing the RHR district is to promote and encourage attractive high density multifamily housing in a suburban setting, compatible with surrounding uses and within the capability of existing public services and…
Zone name
Residential Highrise
General category
RESIDENTIAL
Zone area
59.77 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
$805,000
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $750k (Mar 31 2020)
Last sale anchor
$750k
Mar 31 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
—
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
$86,912
Tax year 2024
Assessed value
$3,200,000
Assessed 2024
Previous assessed
$3,200,000
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$336,256
Assessed improvement
$2,863,744
Land market value
$840,640
Improvement market value
$7,159,360
Total market value
$8,000,000
Applied tax rate
6.0000
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
Heating
NONE
Units
75
Lot
2.82 ac (122,839 SF)
Zoning code
RHR
APN
17060601130
UPID
US22-3878007
Jurisdiction
COBB
Zoning & alternative use
RHR · Smyrna, GAZoning RHR · permitted uses
RHR · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RHR district is comprised of suitable vacant or open areas where high density residential development appears likely to occur. The intent in establishing the RHR district is to promote and encourage attractive high density multifamily housing in a suburban setting, compatible with surrounding uses and within the capability of existing public services and facilities
Zone name
Residential Highrise
General category
RESIDENTIAL
Zone area
59.77 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Units
75
Lot
2.82 ac
Current owner
From public records · entity-resolved
Hearthside Smyrna LP
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 450233, ATLANTA, GA 31145-0233
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2020
—
Hearthside Smyrna LP
—
Deed Of Trust
related
—
Mar 31, 2020
—
Hearthside Smyrna LP
Tpb Re Holdings II LLC
Quit Claim Deed
—
Apr 11, 2019
—
Tpb Re Holdings II LLC
—
Deed
related
$518,179 · Satilla Capital Partners LLC
—
—
Tpb Re Holdings II LLC
—
Loan Modification
related
$518,179 · Satilla Capital Partners 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.
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