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Property profile & analytics
OFF-MARKET
Estimated value
$10,245,000
Garden apartment buildings
4290 Flt Shls Rd Ste 302 Union City, GA 30291
Entity Owned
9-yr Hold
Absentee Owner
Property ID
US22-4224342
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
62,040 SF
Lot
16 ac (696,960 SF)
Zoning code
RM
APN
09F230100840675
UPID
US22-4224342
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
$12.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.25M
Owner & transaction history
Landings Property Holdings LLC · 9 yrs held
Landings Property Holdings LLC
since 2016
7 recorded transactions
Zoning & alternative use
RM · Union City, 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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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%
$13,890,000
6.5%
$12,820,000
7%
$11,905,000
Blend value · Realmo final
$10.25M
Range $9.22M – $11.27M · ±10%
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
$165 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$80,303
Tax year 2023
Assessed value
$2,845,000
Assessed 2023
Previous assessed
$2,845,000
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,400,000
Assessed improvement
$1,445,000
Land market value
$3,500,000
Improvement market value
$3,612,500
Total market value
$7,112,500
Applied tax rate
50.0000
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
1989
Construction
WOOD
Heating
NONE
Buildings
5
Stories
1
Units
10
Bathrooms
4
Total area
62,040 SF
Lot
16 ac (696,960 SF)
Zoning code
RM
APN
09F230100840675
UPID
US22-4224342
Jurisdiction
FULTON
Zoning & alternative use
RM · Union City, GA
Zoning RM · permitted uses
RM · Union City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Stories
1
Buildings
5
Units
10
Bathrooms
4
Lot
16 ac
Current owner
From public records · entity-resolved
Landings Property Holdings LLC
Entity
Mailing address
5650 BRECKENRIDGE PARK DR STE #302, TAMPA, FL 33610-4256
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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 8, 2020
—
Landings Property Holdings LLC
—
Deed
related
$36,975,000 · Arbor Agcy Lndg LLC
Mar 14, 2019
—
Landings Property Holdings LLC
—
Correction Deed
related
$27,550,000 · Pembrook Morella Lender LLC
Feb 19, 2019
—
Landings Property Holdings LLC
—
Grant Deed
related
$27,550,000 · Pembrook Morella Lender LLC
Sep 1, 2016
—
Landings Property Holdings LLC
Union Station Apartments LLC
Quit Claim Deed
related
—
Sep 1, 2016
$23,400,000
Landings Property Holdings LLC
Union Station Apartments LLC
Grant Deed
related
$22,000,000 · Wells Fargo Bk
Jul 9, 2008
—
Un Station Apartments LLC
Un Station Atlanta I Ltd L
Quit Claim Deed
related
—
Jul 9, 2008
$5,867,400
Un Station Apartments LLC
Un Station Atlanta I Ltd L
Grant Deed
related
—
—
—
Landings Property Holdings LLC
—
Deed Of Trust
related
$36,975,000 · Arbor Agcy Lndg LLC
—
—
Un Station Apartments LLC
—
Deed Of Trust
related
$13,550,000 · Prudential Mtg Capital Co 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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