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Property profile & analytics
OFF-MARKET
Estimated value
$425,000
Garden apartment buildings
585 Marina St Hapeville, GA 30354-1468
Entity Owned
11-yr Hold
Property ID
US22-0854545
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1965
Construction
WOOD
Total area
5,084 SF
Lot
0.77 ac (33,585 SF)
Zoning code
R4
APN
14 009500050382
UPID
US22-0854545
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
$865k
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$425k
Owner & transaction history
Tenth Street Holdings LLC · 11 yrs held
Tenth Street Holdings LLC
since 2015
7 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%
$935,000
6.5%
$865,000
7%
$800,000
Blend value · Realmo final
$425k
Range $383k – $468k · ±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
$84 / 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
$3,080
Tax year 2023
Assessed value
$109,120
Assessed 2023
Previous assessed
$109,120
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$64,000
Assessed improvement
$45,120
Land market value
$160,000
Improvement market value
$112,800
Total market value
$272,800
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
1965
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
8
Bathrooms
1
Total area
5,084 SF
Lot
0.77 ac (33,585 SF)
Zoning code
R4
APN
14 009500050382
UPID
US22-0854545
Jurisdiction
FULTON
Zoning & alternative use
R4 · Hapeville, GAZoning R4 · permitted uses
R4 · Hapeville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
8
Bathrooms
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Tenth Street Holdings LLC
Entity
Mailing address
541 10TH ST NW #249, ATLANTA, GA 30318-5713
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2015
$275,000
Tenth Street Holdings LLC
Marina Ents LLC
Grant Deed
related
$220,000 · Branch Bk&tr
Mar 14, 2012
—
Marina Ents LLC
Sunrise Rental Ents INC
Quit Claim Deed
related
—
Aug 10, 2007
—
Marina Enterprises LLC
Wendelburg,kevin
Quit Claim Deed
related
—
Aug 2, 2007
—
Marina Enterprises LLC
Wendelburg,kevin
Grant Deed
related
—
Mar 26, 2007
—
Sunrise Rental Ents INC
Wendelburg,kevin
Quit Claim Deed
related
$304,101 · Regions Bk
Mar 22, 2007
—
Sunrise Rental Enterprises INC
Wendelburg,kevin
Grant Deed
related
—
Jan 22, 2007
$275,500
Wendelburg,kevin
Hong,hyung J
Warranty Deed
—
—
—
Sunrise,rental Enterprises
—
Deed Of Trust
related
—
—
—
Marina Ents LLC
—
Deed Of Trust
related
$225,250 · Regions Bank
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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