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Property profile & analytics
OFF-MARKET
High-rise multifamily apartments
605 Athens Hwy Loganville, GA 30052-4768
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-3098298
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2022
Construction
WOOD
Total area
26,664 SF
Lot
18.42 ac (802,375 SF)
Zoning code
AA012
APN
5-126 -142
UPID
US22-3098298
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
-
Semi Truck Detailing Car Wash
-
Emblem Grayson Real Estate Agency
-
Rosemont Grayson 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
Grayson Ll LLC · 3 yrs held
Grayson Ll LLC
since 2022
Last sale
$95.0M
7 recorded transactions
Zoning & alternative use
AA012 · Loganville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
June 2025 Development Regulations
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 Loganville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loganville 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,341,082
Tax year 2023
Assessed value
$37,636,200
Assessed 2023
Previous assessed
$37,636,200
+0.0% YoY
Effective rate
3.56%
On assessed value
Assessed land
$3,078,000
Assessed improvement
$34,558,200
Land market value
$7,695,000
Improvement market value
$86,395,500
Total market value
$94,090,500
Applied tax rate
1.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2022
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
5
Stories
3
Total area
26,664 SF
Lot
18.42 ac (802,375 SF)
Zoning code
AA012
APN
5-126 -142
UPID
US22-3098298
Jurisdiction
GWINNETT
Zoning & alternative use
AA012 · Loganville, GAZoning AA012 · permitted uses
AA012 · Loganville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
June 2025 Development Regulations
Building & site characteristics
From public records
Year built
2022
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Buildings
5
Lot
18.42 ac
Current owner
From public records · entity-resolved
Grayson Ll LLC
Entity
Mailing address
280 PARK AVE FL 36W, NEW YORK, NY 10017-1285
Ownership since
2022
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
Oct 14, 2022
$95,000,000
Grayson Ll LLC
Lmc Grayson Property Owner LLC
Warranty Deed
$65,052,000 · Jll Real Estate Capital
Nov 3, 2020
$4,750,000
Lmc Grayson Property Owner LLC
Lmc Grayson Holdings LLC
Grant Deed
related
$32,475,600 · Servisfirst Bk
Jun 17, 2020
—
Wellbrook Investments LLC
Joffe Athens Hwy LLC
Quit Claim Deed
related
—
Jun 17, 2020
$2,669,700
Wellbrook Investments LLC
Joffe Athens Hwy LLC
Grant Deed
—
Jun 17, 2020
$4,750,000
Lmc Grayson Holdings LLC
Wellbrook Investments LLC
Grant Deed
related
—
Apr 4, 2014
$249,717
6a Athens Highway Real Acorn
White,jerry D
Trustees Deed
—
Feb 25, 2009
—
Jerry D White
—
Trustees Deed
related
$1,500,000 · American Trust Bank
—
—
Howard Joffe
—
Loan Modification
related
$1,450,000 · State Bk&tr
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.
Try Rey
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