New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,935,000
Garden apartment buildings
425 Lk SE Dr, Marietta, GA 30060-2439
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1587059
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1966
Total area
108,827 SF
Lot
7.19 ac (313,100 SF)
Zoning code
PRD MF
APN
17043300930
UPID
US22-1587059
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
-
Wynridge Apartments Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.36M
Blend (final)
Blend
$11.94M
Owner & transaction history
Abror Commercial Funding I LLC · 1 yrs held
Abror Commercial Funding I LLC
since 2025
Last sale
$7.5M
7 recorded transactions
Zoning & alternative use
PRD MF · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$17.1M
+2.7%
Commercial (general)
$17.0M
+2.0%
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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$16,665,000
Current use
OFFICE BUILDING
$17,120,000
Change: +3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$17,005,000
Change: +2% · Conversion: Moderate
RETAIL STORES
$15,875,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$11.94M
Range $10.74M – $13.13M · ±10% · vs last sale $7.50M (Jan 4 2025)
Last sale anchor
$7.50M
Jan 4 2025
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
$110 / 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
$46,028
Tax year 2024
Assessed value
$5,440,720
Assessed 2024
Previous assessed
$5,437,080
+0.1% YoY
Effective rate
0.85%
On assessed value
Assessed land
$814,060
Assessed improvement
$4,626,660
Land market value
$2,035,150
Improvement market value
$11,566,650
Total market value
$13,601,800
Applied tax rate
4.0000
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
Heating
NONE
Buildings
6
Units
104
Total area
108,827 SF
Lot
7.19 ac (313,100 SF)
Zoning code
PRD MF
APN
17043300930
UPID
US22-1587059
Jurisdiction
COBB
Zoning & alternative use
PRD MF · Marietta, GA
Zoning PRD MF · permitted uses
PRD MF · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$16.7M
OFFICE BUILDING
Est. value
$17.1M
COMMERCIAL (GENERAL)
Est. value
$17.0M
RETAIL STORES
Est. value
$15.9M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Buildings
6
Units
104
Lot
7.19 ac
Current owner
From public records · entity-resolved
Abror Commercial Funding I LLC
Entity
Mailing address
10 QUEENS BLVD STE #224, JAMAICA, NY 11415
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2025
$7,500,000
Abror Commercial Funding I LLC
Pd Wynridge LLC
Deed
—
Nov 17, 2016
—
Pd Wynridge LLC
Wynridge Partners LLC
Quit Claim Deed
related
$5,325,000 · Arbor Commercial Funding I
May 22, 2015
—
Wynridge Partners LLC
Wynridge Apartments LLC
Quit Claim Deed
related
$3,788,000 · Branch Bk&tr
May 22, 2015
$4,900,000
Wynridge Partners LLC
Wynridge Apartments LLC
Grant Deed
related
—
Feb 1, 2012
$2,080,000
Wynridge Apartments LLC
Woods Hill Marietta LLC
Grant Deed
$1,875,000 · Citizens Bank Las Cruces
Sep 6, 2011
$1,600,000
Woods Hill Marietta LLC
Berkman Wynridge Associates LP
Trustees Deed
related
—
—
—
Wynridge Apartments LLC
—
Loan Modification
related
$2,755,000 · Citizens Bk/las Cruces
—
—
Wynridge Apartments LLC
—
Deed Of Trust
related
$625,000 · Citizens Bank Las Cruces
—
—
Wynridge Apartments LLC
—
Deed Of Trust
related
$1,875,000 · Citizens Bank Las Cruces
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 425 Lk SE 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.