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Property profile & analytics
OFF-MARKET
High-rise multifamily apartments
4853 Burns NW Rd, Lilburn, GA 30047-6860
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1476417
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1983
Construction
WOOD
Total area
17,296 SF
Lot
13.67 ac (595,465 SF)
Zoning code
RM-MULTI-FAMILY RESIDENCE
APN
6-160 -193
UPID
US22-1476417
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
-
The Timbers Apartment Homes Apartment Complex Apartment Building
-
Westbury Springs Apartment Homes Apartment Building 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
by Request
Owner & transaction history
Timbers Owner LLC · 4 yrs held
Timbers Owner LLC
since 2022
Last sale
$30.3M
5 recorded transactions
Zoning & alternative use
RM-MULTI-FAMILY RESIDENCE · Lilburn, 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 Lilburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lilburn 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 2023Property tax & assessments
Tax year 2023
Tax billed
$306,292
Tax year 2023
Assessed value
$8,500,000
Assessed 2023
Previous assessed
$8,500,000
+0.0% YoY
Effective rate
3.60%
On assessed value
Assessed land
$2,381,880
Assessed improvement
$6,118,120
Land market value
$5,954,700
Improvement market value
$15,295,300
Total market value
$21,250,000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
9
Stories
2
Total area
17,296 SF
Lot
13.67 ac (595,465 SF)
Zoning code
RM-MULTI-FAMILY RESIDENCE
APN
6-160 -193
UPID
US22-1476417
Jurisdiction
GWINNETT
Zoning & alternative use
RM-MULTI-FAMILY RESIDENCE · Lilburn, GA
Zoning RM-MULTI-FAMILY RESIDENCE · permitted uses
RM-MULTI-FAMILY RESIDENCE · Lilburn, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lilburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Buildings
9
Lot
13.67 ac
Current owner
From public records · entity-resolved
Timbers Owner LLC
Entity
Mailing address
532 DORSET BLVD, CARMEL, IN 46032-8728
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2022
—
Timbers Owner LLC
Village Capital Corp
Special Warranty Deed
$23,730,000 · United Fidelity Bank Federal Saving
Mar 23, 2021
$21,250,000
Village Capital Corp
Triangle Westbury Springs INC
Limited Warranty Deed
$41,412,000 · United Fidelity Bank Federal Savings Ban
Oct 15, 2013
—
Triangle Westbury Springs INC
Triangle R/e/gastonia INC
Quit Claim Deed
—
Jul 27, 2012
—
Triangle R/e Of Gastonia INC
Mid-america Apartments LP
Quit Claim Deed
related
$4,900,000 · Branch Banking & Trust Co
Jul 27, 2012
$5,350,000
Triangle R/e Of Gastonia INC
Mid-america Apartments LP
Grant 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.
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