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Property profile & analytics
OFF-MARKET
Estimated value
$15,450,000
Garden apartment buildings
4719 Central Dr, Stone Mountain, GA 30083-2626
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-0613391
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Total area
7,236 SF
Lot
15 ac (653,400 SF)
Zoning code
RM100
APN
18 092 01 136
UPID
US22-0613391
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
-
Mountain Place Apartments Apartment Complex Apartment Building
-
Three Georgie’s diner 2 Food And Beverage Consultant
-
Goddess By Serenity LLC Clothing & Fashion Store
-
Ms. B's Tiny-Tots Early Learning & Daycare Daycare Center
-
L Kodi Tv Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$15.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.58M
Blend (final)
Blend
$15.45M
Owner & transaction history
4719 Central Dr LLC · 1 yrs held
4719 Central Dr LLC
since 2024
Last sale
$15.5M
7 recorded transactions
Zoning & alternative use
RM100 · Stone Mountain, 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 Stone Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stone Mountain 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
$15,450,000
ML approach
$15,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.45M
Range $13.91M – $17.00M · ±10% · vs last sale $15.45M (Jul 8 2024)
Last sale anchor
$15.45M
Jul 8 2024
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
$2,135 / 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
$291,608
Tax year 2024
Assessed value
$6,452,000
Assessed 2024
Previous assessed
$8,054,440
-19.9% YoY
Effective rate
4.52%
On assessed value
Assessed land
$1,125,146
Assessed improvement
$5,326,854
Land market value
$2,812,864
Improvement market value
$13,317,136
Total market value
$16,130,000
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
1972
Heating
NONE
Cooling
YES
Buildings
19
Stories
2
Units
168
Total area
7,236 SF
Lot
15 ac (653,400 SF)
Zoning code
RM100
APN
18 092 01 136
UPID
US22-0613391
Jurisdiction
DE KALB
Zoning & alternative use
RM100 · Stone Mountain, GA
Zoning RM100 · permitted uses
RM100 · Stone Mountain, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stone Mountain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Cooling
Yes
Stories
2
Buildings
19
Units
168
Lot
15 ac
Current owner
From public records · entity-resolved
4719 Central Dr LLC
Entity
Mailing address
4719 CENTRAL DR, STONE MOUNTAIN, GA 30083-2626
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jul 8, 2024
$15,450,000
4719 Central Dr LLC
Fb Mountain Oaks LLC
Warranty Deed
$12,800,000 · Servisfirst Bank
Mar 26, 2021
$15,250,000
Fb Mountain Oaks LLC
Highland View LP
Warranty Deed
—
Sep 23, 2019
$12,264,000
Highland View LP
Mountain Oaks Apartments LLC
Limited Warranty Deed
$10,189,000 · Arbor Commercial Funding I
May 8, 2018
$8,568,000
Mountain Oaks Apartments LLC
Highland Forest LLC
Grant Deed
—
Nov 22, 2016
—
Gulflet Highland Forest LLC
Highland Forest Investments Ll
Quit Claim Deed
related
$13,824,000 · Specialty Credit Hldgs LLC
Nov 22, 2016
$4,400,000
Gulflet Highland Forest LLC
Highland Forest Investments Ll
Grant Deed
related
—
Feb 3, 2014
—
Highland Forest Investment LLC
—
Trustees Deed
related
$2,500,000 · Vfr Investments INC
Dec 2, 2008
$4,150,000
Bank Of America NA
Miles Abingdon Woods LLC
Grant Deed
related
—
—
—
Highland Forest LLC
—
Deed Of Trust
related
$2,100,000 · Emerald Creek Capital 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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