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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Garden apartment buildings
540 King Arnold St Hapeville, GA 30354-1634
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0236290
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
12,648 SF
Lot
1.18 ac (51,575 SF)
Zoning code
R4
APN
14 009500030350
UPID
US22-0236290
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.73M
Owner & transaction history
Brandon Spencer · 12 yrs held
Brandon Spencer
since 2014
6 recorded transactions
Zoning & alternative use
R4 · Hapeville, 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 Hapeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hapeville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,325,000
6.5%
$2,145,000
7%
$1,995,000
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±10%
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
$215 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,687
Tax year 2023
Assessed value
$520,320
Assessed 2023
Previous assessed
$520,320
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$240,000
Assessed improvement
$280,320
Land market value
$600,000
Improvement market value
$700,800
Total market value
$1,300,800
Applied tax rate
30.0000
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
1960
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
8
Bathrooms
2
Total area
12,648 SF
Lot
1.18 ac (51,575 SF)
Zoning code
R4
APN
14 009500030350
UPID
US22-0236290
Jurisdiction
FULTON
Zoning & alternative use
R4 · Hapeville, GA
Zoning R4 · permitted uses
R4 · Hapeville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hapeville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
8
Bathrooms
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
Brandon Spencer
Individual
Free & Clear · 12 yrs held
Mailing address
3515 ZIP INDUSTRIAL BLVD SE, ATLANTA, GA 30354-2716
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2014
—
Brandon Spencer
Perry Ingenuity & Props LLC
Quit Claim Deed
related
—
Jun 16, 2014
$1,000,000
Garva Properties LLC
Perry Ingenuity & Props LLC
Grant Deed
—
Sep 30, 2013
$850,000
Perry Ingenuity & Props LLC
Chaidez Joaquin
Grant Deed
$1,009,035 · Deutsche Bk Nat'l #2006-5 (ce)
Jul 5, 2006
—
Dechaidez,maria G T
Chaidez,joaquin
Quit Claim Deed
related
$990,000 · Commercial Rlty Consultants
Jun 22, 2006
—
Maria G Tovalin
Estat Of Joaquin S Chaidez
Grant Deed
related
—
Sep 13, 2004
$1,238,000
Chaidez,joaquin
Jay Phillips Land LLC
Warranty Deed
$928,500 · Imperial Cap Bk
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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