New search
Property profile & analytics
OFF-MARKET
Garden apartment buildings
4900 College S Rd, Wilmington, NC 28412
Individually Owned
12-yr Hold
Property ID
US53-1495081
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2015
Total area
11,730 SF
Lot
4.42 ac (192,535 SF)
Zoning code
MF-L,MULTI FAMILY LOW DEN
APN
R07100-003-066-000
UPID
US53-1495081
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
-
Lockwood Village Apartments Apartment Building
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
Lockwood Village Apartments Ll · 12 yrs held
Lockwood Village Apartments Ll
since 2014
7 recorded transactions
Zoning & alternative use
MF-L,MULTI FAMILY LOW DEN · Wilmington, NC
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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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 2022Property tax & assessments
Tax year 2022
Assessed value
$2,257,000
Assessed 2023
Previous assessed
$2,257,000
+0.0% YoY
Assessed improvement
$2,257,000
Improvement market value
$2,257,000
Total market value
$2,257,000
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
2015
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
2
Units
12
Bathrooms
3
Total area
11,730 SF
Lot
4.42 ac (192,535 SF)
Zoning code
MF-L,MULTI FAMILY LOW DEN
APN
R07100-003-066-000
UPID
US53-1495081
Jurisdiction
NEW HANOVER
Zoning & alternative use
MF-L,MULTI FAMILY LOW DEN · Wilmington, NC
Zoning MF-L,MULTI FAMILY LOW DEN · permitted uses
MF-L,MULTI FAMILY LOW DEN · Wilmington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
4
Units
12
Bathrooms
3
Lot
4.42 ac
Current owner
From public records · entity-resolved
Lockwood Village Apartments Ll
Individual
Mailing address
PO BOX 15025, WILMINGTON, NC 28408-5025
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2014
$725,000
Lockwood Village Apartments Ll
Simpson,cynthia T
Grant Deed
$4,100,000 · First Fed'l
Jan 6, 2006
—
Simpson,cynthia T
Tilden,roland S III & Judith K
Grant Deed
related
—
Nov 3, 2005
—
Tilden,roland S III
Simpson,cynthia T
Grant Deed
related
—
—
—
Simpson,cynthia T
—
Deed Of Trust
related
$457,500 · Wells Fargo Bank
—
—
Simpson,cynthia T
—
Deed Of Trust
related
$1 · Hud
—
—
Lockwood Village Apartments Ll
—
Loan Modification
related
$178,147 · Housing Fin Agcy
—
—
Lockwood Village Apartments Ll
—
Deed Of Trust
related
$1,076,819 · Community Inv Corp/carolinas
—
—
Lockwood Village Apartments Ll
—
Deed Of Trust
related
$650,000 · Miscellaneous Govt Agcy
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 4900 College S 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.
