Property profile

5816 Covington Hwy Decatur, GA 30035

OFF-MARKET
Garden apartment buildings
Property ID
US22-1259243
7,110 SF 9.27 ac lot Built 1989
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1989
Total area 7,110 SF
Lot 9.27 ac (403,714 SF)
Zoning code RCD
APN 16 026 02 081
UPID US22-1259243

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex Apartment Building
  • Storage Facility

Location

5816 Covington Hwy Decatur, GA 30035-3718
Decatur metro Census 23212 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.47M
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.29M

Owner & transaction history

since 2017
4 recorded transactions
2017
Price N/A
2009
$4.5M
2008
$8.6M
1996
$8.6M

Zoning & alternative use

RCD · Decatur, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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