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Property profile & analytics
OFF-MARKET
Apartment buildings
555 Wood Arbor Pkwy Cordova, TN 38018-6782
Entity Owned
5-yr Hold
Property ID
US80-1701920
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
FRAME
Total area
7,992 SF
Lot
32.19 ac (1,401,979 SF)
Zoning code
RU-3
APN
091-076- - -00005
UPID
US80-1701920
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
-
The Willows at Shelby Farms Apartment Complex
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
Clk Grove Owner LLC · 5 yrs held
Clk Grove Owner LLC
since 2021
Last sale
$46.2M
7 recorded transactions
Zoning & alternative use
RU-3 · Cordova, TN
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 Cordova submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cordova 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
Tax billed
$802,822
Tax year 2022
Assessed value
$13,179,080
Assessed 2023
Previous assessed
$13,179,080
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$2,111,680
Assessed improvement
$11,067,400
Land market value
$5,279,200
Improvement market value
$27,668,500
Total market value
$32,947,700
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
27
Stories
1
Units
8
Bathrooms
30
Total area
7,992 SF
Lot
32.19 ac (1,401,979 SF)
Zoning code
RU-3
APN
091-076- - -00005
UPID
US80-1701920
Jurisdiction
SHELBY
Zoning & alternative use
RU-3 · Cordova, TN
Zoning RU-3 · permitted uses
RU-3 · Cordova, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cordova. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
27
Units
8
Bathrooms
30
Lot
32.19 ac
Current owner
From public records · entity-resolved
Clk Grove Owner LLC
Entity
Mailing address
135 CROSSWAYS PARK DR STE #401, WOODBURY, NY 11797-2005
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2021
$46,200,000
Clk Grove Owner LLC
Ceai Grove LLC
Special Warranty Deed
—
May 24, 2021
—
Ahm Grove LLC
Zp Fund I LLC
Quit Claim Deed
related
—
May 21, 2021
—
Fcubed Tn LLC
Zp Fund I LLC
Quit Claim Deed
related
—
Oct 21, 2016
$1,430,000
Zp Fund I LLC
Ceai Grove LLC
Grant Deed
related
—
Mar 10, 2016
$31,100,000
Ceai Grove LLC
Trinity 464 LLC
Grant Deed
$4,150,000 · Cbre Multifamily Cap
Nov 19, 2012
—
Trinity 464 LLC
Cordova Apartments LLC
Trustees Deed
$19,248,000 · Cbre Multifamily Capital INC
Nov 19, 2012
$25,500,000
Trinity 464 LLC
Cordova Apartments LLC
Grant Deed
—
Mar 2, 2005
—
Cordova Apartments LLC
Gables-tennessee Props LLC
Grant Deed
$22,050,850 · Wachovia Bank NA
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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