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Property profile & analytics
OFF-MARKET
Estimated value
$8,975,000
Garden apartment buildings
4371 Glenwood Rd Decatur, GA 30032-5007
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0886105
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1967
Total area
19,192 SF
Lot
15.9 ac (692,604 SF)
Zoning code
RM85
APN
15 165 01 108
UPID
US22-0886105
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
-
Uphill Flats Apartments Apartment Complex
-
Austin Oaks Apartments Apartment Complex
-
Austin Drive Senior Community Center
-
Lovely woman Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.98M
Owner & transaction history
Glenwood Austin Oaks Equities LP · 3 yrs held
Glenwood Austin Oaks Equities LP
since 2022
Last sale
$9.8M
6 recorded transactions
Zoning & alternative use
RM85 · Decatur, GA
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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$12,560,000
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)
$14,695,000
Current use
Blend value · Realmo final
$8.98M
Range $8.08M – $9.87M · ±10% · vs last sale $9.83M (Jan 29 2020)
Last sale anchor
$9.83M
Jan 29 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
$468 / 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
$144,349
Tax year 2024
Assessed value
$11,635,960
Assessed 2024
Previous assessed
$3,086,400
+277.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$498,640
Assessed improvement
$11,137,320
Land market value
$1,246,600
Improvement market value
$27,843,300
Total market value
$29,089,900
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
1967
Heating
NONE
Cooling
YES
Buildings
15
Stories
2
Units
176
Total area
19,192 SF
Lot
15.9 ac (692,604 SF)
Zoning code
RM85
APN
15 165 01 108
UPID
US22-0886105
Jurisdiction
DE KALB
Zoning & alternative use
RM85 · Decatur, GAZoning RM85 · permitted uses
RM85 · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home Page | Decatur GA
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$14.7M
APARTMENT HOUSE (5+ UNITS) Current
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
1967
Heating
NONE
Cooling
Yes
Stories
2
Buildings
15
Units
176
Lot
15.9 ac
Current owner
From public records · entity-resolved
Glenwood Austin Oaks Equities LP
Entity
Free & Clear · 3 yrs held
Mailing address
211 BLVD OF AMERICAS STE #204, LAKEWOOD, NJ 08701-4777
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2022
—
Glenwood Austin Oaks Equities LP
Netz Austin Oaks LLC
Limited Warranty Deed
—
Feb 11, 2020
—
Netz Austin Oaks LLC
Austin Oaks Apartments 4371 LP
Quit Claim Deed
related
—
Feb 11, 2020
$9,825,000
Netz Austin Oaks LLC
Austin Oaks Apartments 4371 LP
Grant Deed
related
$9,080,000 · Bancorp Bk
May 18, 2018
—
Austin Oak Apartments 4371 LLC
Austin Oaks Apartments INC
Quit Claim Deed
related
$5,000,000 · Cbre Cap Markets
Jun 30, 2015
—
Austin Oaks Apartments INC
Taut,teofil
Grant Deed
related
—
Mar 10, 2006
$3,925,000
Teofil Taut
Glenwood Apartments LLC
Grant Deed
$2,400,756 · Main Street Bank
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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