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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Garden apartment buildings
6370 Shannon Pkwy Union City, GA 30291-2493
Trust Owned
1-yr Hold
Free & Clear
Property ID
US22-1970261
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1985
Construction
WOOD
Total area
13,824 SF
Lot
7.49 ac (326,264 SF)
Zoning code
RM
APN
09F150400780548
UPID
US22-1970261
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
-
Shannon Woods Apartments
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.89M
Owner & transaction history
Homes Mortgage Trust · 1 yrs held
Homes Mortgage Trust
since 2025
7 recorded transactions
Zoning & alternative use
RM · Union City, 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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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
$1,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±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
$136 / 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
Assessed value
$943,320
Assessed 2023
Previous assessed
$943,320
+0.0% YoY
Assessed land
$135,840
Assessed improvement
$807,480
Land market value
$339,600
Improvement market value
$2,018,700
Total market value
$2,358,300
Applied tax rate
50.0000
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
Construction
WOOD
Heating
NONE
Buildings
5
Stories
1
Units
8
Bathrooms
5
Total area
13,824 SF
Lot
7.49 ac (326,264 SF)
Zoning code
RM
APN
09F150400780548
UPID
US22-1970261
Jurisdiction
FULTON
Zoning & alternative use
RM · Union City, GA
Zoning RM · permitted uses
RM · Union City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
NONE
Stories
1
Buildings
5
Units
8
Bathrooms
5
Lot
7.49 ac
Current owner
From public records · entity-resolved
Homes Mortgage Trust
Trust
Free & Clear · 1 yrs held
Mailing address
123 TAAFFE PL, BROOKLYN, NY 11205-1483
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2025
$7,260,000
Homes Mortgage Trust
Kpm Investment A2 LLC
Deed
related
—
Oct 29, 2021
—
Kpm Investment A 2 LLC
Kpm Investment O 2 LLC
Warranty Deed
$9,450,000 · Corevest American Finance Lender
May 27, 2021
—
Kpm Investment O 2 LLC
Shannon Woods Apartments LLC
Limited Warranty Deed
$5,800,000 · Corevest American Finance Lender
Sep 27, 2018
—
Autumn Cove Apartments LLC
—
Loan Modification
related
$13,331,663 · Comm 2014-lc17 Georgia Prop Ll
Mar 13, 2013
—
Autumn Cove Apartments LLC
—
Grant Deed
related
$6,350,000 · Arbor Com'l Mtg
Sep 20, 2012
$890,000
Shannon Woods Apartments LLC
Tritex R/e Advisors INC
Grant Deed
—
Oct 5, 2004
$2,150,000
Shannon Woods Ltd
Shannon Woods Apartments Of Union
Grant Deed
related
$5,600,000 · Berkshire Mtg Fin
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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