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Property profile & analytics
OFF-MARKET
Garden apartment buildings
5301 Fairington Pkwy Lithonia, GA 30038-5111
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0188442
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2000
Total area
26,508 SF
Lot
37.05 ac (1,613,898 SF)
Zoning code
RM100
APN
16 042 09 047
UPID
US22-0188442
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
-
Creekside Corners Apartment Complex 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
Creekside Corners Owner Ga LLC · 4 yrs held
Creekside Corners Owner Ga LLC
since 2021
Last sale
$91.0M
4 recorded transactions
Zoning & alternative use
RM100 · Lithonia, 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 Lithonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithonia 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,089,408
Tax year 2024
Assessed value
$39,399,680
Assessed 2024
Previous assessed
$39,239,080
+0.4% YoY
Effective rate
2.77%
On assessed value
Assessed land
$1,990,400
Assessed improvement
$37,409,280
Land market value
$4,976,000
Improvement market value
$93,523,200
Total market value
$98,499,200
Applied tax rate
80.0000
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
2000
Heating
NONE
Cooling
YES
Buildings
17
Stories
3
Units
444
Total area
26,508 SF
Lot
37.05 ac (1,613,898 SF)
Zoning code
RM100
APN
16 042 09 047
UPID
US22-0188442
Jurisdiction
DE KALB
Zoning & alternative use
RM100 · Lithonia, GA
Zoning RM100 · permitted uses
RM100 · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithonia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Cooling
Yes
Stories
3
Buildings
17
Units
444
Lot
37.05 ac
Current owner
From public records · entity-resolved
Creekside Corners Owner Ga LLC
Entity
Mailing address
31 HUDSON YARDS11TH37, NEW YORK, NY 10001-2170
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
$91,000,000
Creekside Corners Owner Ga LLC
Creekside Corners Georgia LLC
Limited Warranty Deed
$65,240,000 · Walker And Dunlop
Jan 9, 2018
$27,900,900
Creekside Corners Georgia LLC
Hpi Creekside LLC
Grant Deed
related
—
Dec 29, 2014
$31,990,000
Hpi Creekside LLC
Turnberry Gardens Associates
Grant Deed
$23,500,000 · Rialto Mtg Fin
—
—
Turnberry,gardens Associates L
—
Deed Of Trust
related
$27,000,000 · Cwcapital 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.
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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