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Property profile & analytics
FOR SALE
Garden apartment buildings
634 Jolly Ave S Clarkston, GA 30021
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-4260486
For Sale
1 / 12
$547,000
634 Jolly Ave S, Clarkston, GA 30021
View Listing →
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Construction
WOOD FRAME
Total area
3,556 SF
Lot
0.04 ac (1,830 SF)
Zoning code
RM85
APN
18 066 14 002
UPID
US22-4260486
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
634 Jolly Ave S LLC · 2 yrs held
634 Jolly Ave S LLC
since 2024
Last sale
$430,500
7 recorded transactions
Zoning & alternative use
RM85 · Clarkston, 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 Clarkston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarkston 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,662
Tax year 2024
Assessed value
$78,880
Assessed 2024
Previous assessed
$78,880
+0.0% YoY
Effective rate
4.64%
On assessed value
Assessed land
$4,978
Assessed improvement
$73,902
Land market value
$12,446
Improvement market value
$184,754
Total market value
$197,200
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
1972
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
2
Units
4
Total area
3,556 SF
Lot
0.04 ac (1,830 SF)
Zoning code
RM85
APN
18 066 14 002
UPID
US22-4260486
Jurisdiction
DE KALB
Zoning & alternative use
RM85 · Clarkston, GA
Zoning RM85 · permitted uses
RM85 · Clarkston, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clarkston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Lot
0.04 ac
Current owner
From public records · entity-resolved
634 Jolly Ave S LLC
Entity
Mailing address
634 JOLLY AVE, CLARKSTON, GA 30021
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2024
—
634 Jolly Ave S LLC
James J Ferrari
Quit Claim Deed
related
—
Apr 4, 2024
$430,500
James J Ferrari
Drews Investment Group LLC
Warranty Deed
$322,875 · First Option Mortgage
Apr 4, 2024
—
James J Ferrari
James J Ferrari
Quit Claim Deed
related
—
Jun 24, 2021
—
Monteiro Edson Benzan
—
Deed
related
$166,000 · Panorama Mortgage Group
Dec 31, 2019
—
Drews Investment Group LLC
Monteiro Edson J Benzan
Warranty Deed
related
—
Aug 1, 2019
—
Edson J Benzanmonteiro
—
Deed
related
$155,250 · Homestar Financial
Dec 8, 2004
—
Melak B Bishaw
Ethid Invest Grp INC
Quit Claim Deed
related
—
—
—
Melak B Bishaw
—
Deed Of Trust
related
$113,000 · Bank Of America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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