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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Garden apartment buildings
4735 Courtney Dr Forest Park, GA 30297-3830
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1307160
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1964
Total area
159 SF
Lot
7.3 ac (317,988 SF)
Zoning code
C
APN
13-048C- B-020
UPID
US22-1307160
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
-
E.A.S Painting&Remodeling Co. Construction Company
-
LAG Health Care LLC Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$865k
Owner & transaction history
Wingate Apartments LLC · 1 yrs held
Wingate Apartments LLC
since 2025
7 recorded transactions
Zoning & alternative use
C · Forest Park, 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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
$5,440 / 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
$126,177
Tax year 2024
Assessed value
$189,800
Assessed 2024
Previous assessed
$189,800
+0.0% YoY
Effective rate
66.48%
On assessed value
Assessed land
$189,800
Assessed improvement
$3,429,104
Land market value
$474,500
Improvement market value
$8,572,759
Total market value
$9,047,259
Applied tax rate
3.0000
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
1964
Heating
NONE
Total area
159 SF
Lot
7.3 ac (317,988 SF)
Zoning code
C
APN
13-048C- B-020
UPID
US22-1307160
Jurisdiction
CLAYTON
Zoning & alternative use
C · Forest Park, GA
Zoning C · permitted uses
C · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Lot
7.3 ac
Current owner
From public records · entity-resolved
Wingate Apartments LLC
Entity
Mailing address
50 MERRICK RD STE #203, ROCKVILLE CENTRE, NY 11570-4726
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
$14,000,000
Wingate Apartments LLC
Waga Apartments LLC
Deed
$12,252,000 · Bancorp Bank
May 29, 2019
$10,075,200
Waga Apartments LLC
Republic Wingate Apartments LP
Grant Deed
—
Aug 2, 2016
$3,775,000
Republic Wingate Apartments LP
Aml Ga 1001 LLC
Grant Deed
—
Oct 23, 2014
—
Aml Ga 1001 LLC
Read-south LLC
Quit Claim Deed
related
$36,670,000 · Medley Opportunity Fund II Medley Opportunity Fund II
Oct 23, 2014
$3,400,000
Aml Ga 1001 LLC
Read-south LLC
Grant Deed
—
Feb 10, 2014
—
Read-south LLC
Real Estate Acquisition & Dev
Quit Claim Deed
related
—
Nov 3, 2011
$4,450,820
Armi Forest Park LLC
Wingate Apartments LP
Trustees Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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