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Property profile & analytics
OFF-MARKET
Estimated value
$12,250,000
Garden apartment buildings
5801 Riverdale Rd, Atlanta, GA 30349-6406
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0433653
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Total area
193 SF
Lot
18.67 ac (813,265 SF)
Zoning code
RM
APN
13-104B- A-005
UPID
US22-0433653
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
-
St. James Place Apartment Complex
-
Radiant's Reason, a personal assistant service and mentorship program Charitable Organization Social Service Agency
-
Touched By Decor LLC Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.08M
Blend (final)
Blend
$12.25M
Owner & transaction history
5801 Riverdale Holdings LLC · 2 yrs held
5801 Riverdale Holdings LLC
since 2024
Last sale
$12.3M
7 recorded transactions
Zoning & alternative use
RM · Atlanta, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
$12,250,000
ML approach
$12,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.25M
Range $11.03M – $13.48M · ±10% · vs last sale $12.25M (Jun 12 2024)
Last sale anchor
$12.25M
Jun 12 2024
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
$63,472 / 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
$155,408
Tax year 2024
Assessed value
$3,983,600
Assessed 2024
Previous assessed
$4,958,800
-19.7% YoY
Effective rate
3.90%
On assessed value
Assessed land
$485,440
Assessed improvement
$3,498,160
Land market value
$1,213,600
Improvement market value
$8,745,400
Total market value
$9,959,000
Applied tax rate
8.0000
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
1972
Heating
NONE
Total area
193 SF
Lot
18.67 ac (813,265 SF)
Zoning code
RM
APN
13-104B- A-005
UPID
US22-0433653
Jurisdiction
CLAYTON
Zoning & alternative use
RM · Atlanta, GA
Zoning RM · permitted uses
RM · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
18.67 ac
Current owner
From public records · entity-resolved
5801 Riverdale Holdings LLC
Entity
Mailing address
5801 RIVERDALE RD, ATLANTA, GA 30349-6406
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
$12,250,000
5801 Riverdale Holdings LLC
Sureste St James Place LLC
Warranty Deed
$12,150,000 · Arbor Realty Participation
Jun 12, 2024
—
5801 Riverdale Holdings LLC
Sureste St James Place LLC
Quitclaim Deed
related
—
May 14, 2021
—
Sureste St James Place LLC
—
Deed
related
$12,150,000 · Arbor Realty Senior
Feb 5, 2020
—
Nirvana Cap Grp Fund H-b LLC
Crystal Homes LLC
Quit Claim Deed
related
—
Feb 5, 2020
$9,570,000
Nirvana Cap Grp Fund II-b LLC
Crystal Homes LLC
Grant Deed
related
$8,150,000 · Sentinel Sec Life Ins Co
Sep 13, 2019
—
Crystal Homes LLC
Paju3s Group INC
Quit Claim Deed
—
May 11, 2018
—
Pd Cove LLC
Pd Cove LLC
Quit Claim Deed
related
—
May 11, 2018
$7,720,000
Crystal Homes LLC
Pd Cove LLC
Grant Deed
—
Nov 12, 2015
$3,975,000
Pd Cove LLC
Marquise Cove Holdings LLC
Grant Deed
—
Aug 31, 2015
—
Marquise Cove Holdings LLC
—
Trustees Deed
related
$2,339,975 · Braford Inv Holdings LLC
Jun 24, 2014
$2,895,000
Marquise Cove Holdings LLC
Marquise Cove LLC
Grant Deed
related
$17,500,000 · Ul Holdings Nt-ii LLC
Apr 5, 2011
$1,200,000
Marquise Cove LLC
Regions Bk
Grant Deed
$1,164,000 · Branch Banking & Trust Co
Sep 1, 2009
$4,050,000
Regions Bank
Mpi Kimberly Forest LLC
Grant Deed
related
—
May 27, 2005
$4,450,000
Mpi Kimberly Forest LLC
Regency Savings Bank Fsb
Grant Deed
$4,990,000 · Amsouth Bk/pensacola
Oct 7, 2004
$4,909,297
Regency Savings Bank Fsb
Kimberly Forest II Assoc
Trustees Deed
—
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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