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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Garden apartment buildings
6200 Hillandale Dr Lithonia, GA 30058-2405
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1372006
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1985
Total area
4,080 SF
Lot
3.98 ac (173,369 SF)
Zoning code
RM100
APN
16 088 01 006
UPID
US22-1372006
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
-
Autumn Cove Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$845k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Kpm Investment O LLC · 5 yrs held
Kpm Investment O LLC
since 2021
6 recorded transactions
Zoning & alternative use
RM100 · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$880,000
+2.2%
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 Lithonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithonia 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%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$860,000
Current use
AUTO REPAIR, GARAGE
$880,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$770,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$765,000
Change: -11% · Conversion: Moderate
OFFICE BUILDING
$710,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$196 / 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
$95,885
Tax year 2024
Assessed value
$2,101,520
Assessed 2024
Previous assessed
$1,148,400
+83.0% YoY
Effective rate
4.56%
On assessed value
Assessed land
$94,080
Assessed improvement
$2,007,440
Land market value
$235,200
Improvement market value
$5,018,600
Total market value
$5,253,800
Applied tax rate
80.0000
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
1985
Heating
NONE
Cooling
YES
Buildings
8
Stories
1
Units
48
Total area
4,080 SF
Lot
3.98 ac (173,369 SF)
Zoning code
RM100
APN
16 088 01 006
UPID
US22-1372006
Jurisdiction
DE KALB
Zoning & alternative use
RM100 · Lithonia, GA
Zoning RM100 · permitted uses
RM100 · Lithonia, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithonia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$860,000
AUTO REPAIR, GARAGE
Est. value
$880,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$770,000
MEDICAL BUILDING
Est. value
$765,000
OFFICE BUILDING
Est. value
$710,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Cooling
Yes
Stories
1
Buildings
8
Units
48
Lot
3.98 ac
Current owner
From public records · entity-resolved
Kpm Investment O LLC
Entity
Mailing address
6370 SHANNON PKWY, UNION CITY, GA 30291-2493
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2021
—
Kpm Investment O LLC
Autumn Cove Apartments LLC
Warranty Deed
—
Sep 18, 2012
$960,000
Autumn Cove Apartments LLC
Tritex Real Estate Advisors In
Grant Deed
—
Oct 7, 2011
$2,528,838
Federal Natl Mtg Assn Fnma
Hillandale Manor Apartments Of De
Trustees Deed
related
—
Oct 7, 2011
—
Real Estate Advisors In Tritex
Federal Natl Mtg Assn Fnma
Grant Deed
related
—
—
—
Autumn Cove Aparments LLC
—
Deed Of Trust
related
$11,000,000 · German American Cap
—
—
Autumn Cove Apartments LLC
—
Loan Modification
related
$11,000,000 · Comm 2014 Lc17 Georgia Prop Ll
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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