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Property profile & analytics
OFF-MARKET
Estimated value
$12,480,000
Garden apartment buildings
4969 Central Dr Stone Mountain, GA 30083-2004
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0089808
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
7,458 SF
Lot
9 ac (392,040 SF)
Zoning code
RM75
APN
18 091 01 037
UPID
US22-0089808
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
-
Stone Mountain Apartment Complex
-
Opal Cleaning Services Hardware & Home Improvement
-
The Vue Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.20M
Blend (final)
Blend
$12.48M
Owner & transaction history
Lhnh The Vue LLC · 5 yrs held
Lhnh The Vue LLC
since 2021
Last sale
$12.3M
6 recorded transactions
Zoning & alternative use
RM75 · 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
$14,520,000
ML approach
$9,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.48M
Range $11.23M – $13.73M · ±10% · vs last sale $12.30M (Mar 16 2021)
Last sale anchor
$12.30M
Mar 16 2021
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
$1,673 / 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
$161,139
Tax year 2024
Assessed value
$8,705,120
Assessed 2024
Previous assessed
$7,630,000
+14.1% YoY
Effective rate
1.85%
On assessed value
Assessed land
$660,640
Assessed improvement
$8,044,480
Land market value
$1,651,600
Improvement market value
$20,111,200
Total market value
$21,762,800
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
1973
Heating
NONE
Cooling
YES
Buildings
14
Stories
2
Units
162
Total area
7,458 SF
Lot
9 ac (392,040 SF)
Zoning code
RM75
APN
18 091 01 037
UPID
US22-0089808
Jurisdiction
DE KALB
Zoning & alternative use
RM75 · Stone Mountain, GA
Zoning RM75 · permitted uses
RM75 · 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
1973
Heating
NONE
Cooling
Yes
Stories
2
Buildings
14
Units
162
Lot
9 ac
Current owner
From public records · entity-resolved
Lhnh The Vue LLC
Entity
Mailing address
1215 TUXEDO TER, LAKEWOOD, NJ 08701-1671
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2021
$12,300,000
Lhnh The Vue LLC
Kairos Auerbach Holdings LLC
Limited Warranty Deed
$14,625,000 · Berkeley Point Capital
Oct 15, 2018
$5,896,000
Kairos Auerbach Holdings LLC
Wynview Apt Invs LLC
Grant Deed
related
$15,600 · Loan Funder LLC #5273 (ce)
May 5, 2015
$3,900,000
Wynview Apartment Investments
Adinis Properties LLC
Grant Deed
$3,200,000 · Adini's Properties LLC
Jun 4, 2012
$1,750,000
Adinis Properties INC
Englewood LLC
Grant Deed
—
Mar 30, 2004
$220,000
Francis Bongay
Simmonds,kennedy
Warranty Deed
—
—
—
Wynview Apartments Investments
—
Deed Of Trust
related
$3,490,000 · Readycap Com'l
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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