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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Garden apartment buildings
5438 Old Floyd SW Rd Mableton, GA 30126-2276
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1385892
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1966
Total area
11,136 SF
Lot
1.1 ac (47,916 SF)
Zoning code
NS
APN
17003500540
UPID
US22-1385892
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
-
Old Floyd Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$972k
Blend (final)
Blend
$1.23M
Owner & transaction history
Oliver Village Apartments LLC · 5 yrs held
Oliver Village Apartments LLC
since 2021
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
NS · Mableton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The NS district is established to provide locations for retail commercial and services uses which are designed and oriented to serve two to four neighborhoods and are located in areas delineated within a community activity center or regional activity center
Zone name
Neighborhood Shopping
General category
COMMERCIAL
Zone area
78.62 ac
Source
Realmo
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 Mableton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mableton 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
$1,230,000
ML approach
$1,340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.18M (Apr 21 2021)
Last sale anchor
$1.18M
Apr 21 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
$110 / 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
$15,479
Tax year 2024
Assessed value
$513,400
Assessed 2024
Previous assessed
$512,960
+0.1% YoY
Effective rate
3.01%
On assessed value
Assessed land
$79,732
Assessed improvement
$433,668
Land market value
$199,330
Improvement market value
$1,084,170
Total market value
$1,283,500
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
1966
Heating
NONE
Buildings
2
Units
12
Total area
11,136 SF
Lot
1.1 ac (47,916 SF)
Zoning code
NS
APN
17003500540
UPID
US22-1385892
Jurisdiction
COBB
Zoning & alternative use
NS · Mableton, GAZoning NS · permitted uses
NS · Mableton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The NS district is established to provide locations for retail commercial and services uses which are designed and oriented to serve two to four neighborhoods and are located in areas delineated within a community activity center or regional activity center
Zone name
Neighborhood Shopping
General category
COMMERCIAL
Zone area
78.62 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Buildings
2
Units
12
Lot
1.1 ac
Current owner
From public records · entity-resolved
Oliver Village Apartments LLC
Entity
Mailing address
381 TWAIN CIR SE, MABLETON, GA 30126-5243
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
Sep 14, 2022
—
Oliver Village Apartments LLC
—
Deed
related
$1,493,000 · Basis Multifamily Capital LLC
Apr 21, 2021
$1,175,000
Oliver Village Apartments LLC
Floyd Road Apartments LLC
Limited Warranty Deed
$4,000,000 · Corvest American Finace Lender LLC
Jul 25, 2019
—
Floyd Road Apartments LLC
—
Deed
related
$319,963 · First Landmark Bk
Jul 21, 2014
—
Floyd Road Apartments LLC
Old Floyd Road LLC
Quit Claim Deed
related
$380,000 · First Landmark Bk
—
—
Floyd Road Apartments LLC
—
Loan Modification
related
$319,963 · First Landmark Bk
—
—
Old Floyd Road LLC
—
Deed Of Trust
related
$393,750 · Allied Mortgage & Financial Co
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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