Back to Search
Property profile & analytics
OFF-MARKET
Garden apartment buildings
4613 Hope Vly Rd Durham, NC 27707-6603
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1745667
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1985
Total area
13,634 SF
Lot
32.31 ac (1,407,424 SF)
Zoning code
RS-M
APN
135686
UPID
US53-1745667
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
S2 Woods Aro LLC · 4 yrs held
S2 Woods Aro LLC
since 2021
Last sale
$59.7M
7 recorded transactions
Zoning & alternative use
RS-M · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Multifamilydevelopmentis permitted in areas designated RS-M, which should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Zone name
Residential Suburban Multifamily
General category
CIVIC_INSTITUTIONAL
Zone area
2,204.72 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 Durham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durham 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$393,360
Tax year 2024
Assessed value
$28,199,869
Assessed 2024
Previous assessed
$28,199,869
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$3,286,800
Assessed improvement
$24,913,069
Land market value
$3,286,800
Improvement market value
$24,913,069
Total market value
$28,199,869
Applied tax rate
1.0000
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
YES
Cooling
YES
Stories
3
Total area
13,634 SF
Lot
32.31 ac (1,407,424 SF)
Zoning code
RS-M
APN
135686
UPID
US53-1745667
Jurisdiction
DURHAM
Zoning & alternative use
RS-M · Durham, NCZoning RS-M · permitted uses
RS-M · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Multifamilydevelopmentis permitted in areas designated RS-M, which should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Zone name
Residential Suburban Multifamily
General category
CIVIC_INSTITUTIONAL
Zone area
2,204.72 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1985
Heating
YES
Cooling
Yes
Stories
3
Lot
32.31 ac
Current owner
From public records · entity-resolved
S2 Woods Aro LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2801 N HARWOOD ST STE #1300, DALLAS, TX 75201-1574
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 22, 2021
$59,700,000
S2 Woods Aro LLC
Mp Woods Edge LLC
Special Warranty Deed
—
Jun 21, 2019
—
Mp Woods Edge LLC
—
Deed
related
$22,828,000 · Wells Fargo Bk
May 2, 2016
$27,000,000
Mp Woods Edge LLC
Fairfield Woods Edge LLC
Special Warranty Deed
$20,245,000 · Wells Fargo Bank NA
Jan 2, 2013
$18,707,000
Fairfield Woods Edge LLC
Bnp Of Woods Edge LLC
Grant Deed
$13,950,000 · Us Bank NA Cd 2006-cd2 (ce)
Aug 8, 2012
—
Bsrep B Operatin
Bnp Of Woods Edge LLC
Grant Deed
related
—
Dec 30, 2005
—
Bnp Of Woods Edge LLC
Bnp Of Realty LLC
Quit Claim Deed
related
$13,950,000 · Deutsche Banc Mtg Cap
—
—
Fairfield Woods Edge LLC
—
Deed Of Trust
related
$16,800,000 · Capital One NA
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 4613 Hope Vly Rd?
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.
