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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Garden apartment buildings
6702 Frst Dr, Fairfield, AL 35064-1754
Entity Owned
6-yr Hold
Property ID
US03-3120753
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1974
Total area
16,520 SF
Lot
5.71 ac (248,640 SF)
Zoning code
R4
APN
30-00-14-3-003-001.000
UPID
US03-3120753
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
-
Wellington Place Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.52M
Owner & transaction history
210 At Fairfield LLC · 6 yrs held
210 At Fairfield LLC
since 2019
7 recorded transactions
Zoning & alternative use
R4 · Fairfield, AL
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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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%
$2,105,000
6.5%
$1,940,000
7%
$1,800,000
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±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
$92 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$31,144
Tax year 2022
Assessed value
$562,820
Assessed 2023
Previous assessed
$418,040
+34.6% YoY
Effective rate
5.53%
On assessed value
Assessed land
$42,260
Assessed improvement
$520,560
Land market value
$211,300
Improvement market value
$2,602,800
Total market value
$2,814,100
Applied tax rate
55.0000
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
1974
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
16
Bathrooms
5
Total area
16,520 SF
Lot
5.71 ac (248,640 SF)
Zoning code
R4
APN
30-00-14-3-003-001.000
UPID
US03-3120753
Jurisdiction
JEFFERSON
Zoning & alternative use
R4 · Fairfield, AL
Zoning R4 · permitted uses
R4 · Fairfield, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
16
Bathrooms
5
Lot
5.71 ac
Current owner
From public records · entity-resolved
210 At Fairfield LLC
Entity
Mailing address
615 BROOKLANE DR UNIT #3423, HUEYTOWN, AL 35023-4033
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2024
—
210 At Fairfield LLC
—
Deed
related
$1,300,000 · Ig Holdings
Mar 1, 2022
—
210 At Fairfield LLC
—
Deed
related
$3,112,000 · Walker And Dunlop
Oct 13, 2020
—
210 At Fairfield LLC
—
Deed
related
$500,000 · Korth Direct Mortgage
Nov 21, 2019
$2,112,000
210 At Fairfield LLC
Serenity Apts At Fairfield LLC
Warranty Deed
$1,855,000 · Bell Rock Income Fund 1 LLC
Oct 19, 2017
—
Serenity Apartments Of Fairfield
—
Deed
related
$777,000 · Other Institutional Lenders
Sep 12, 2017
$1,585,500
Serenity Apartments Of Fairfield
Wellington Place LLC
Warranty Deed
—
Aug 7, 2015
$2,053,500
Wellington Place LLC
Wellington Place Partners LLC
Warranty Deed
related
—
Jan 25, 2013
—
Wellington Place Partners LLC
Federal Natl Mtg Assn Fnma
Warranty Deed
related
$1,408,000 · Bancorpsouth
Oct 19, 2006
$1,750,000
Wellington Apartments LLC
Village West INC
Warranty Deed
$1,745,200 · Capitalsouth Bk
Jan 9, 2002
—
Jason Lu
Short Apartment
Grant Deed
related
—
—
—
Village West INC
—
Deed Of Trust
related
$1,200,000 · First Fin'l Bk&tr
—
—
Serenity Apartments Of Fairfield
—
Deed Of Trust
related
$777,000 · Other Institutional Lenders
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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