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Property profile & analytics
OFF-MARKET
Estimated value
$6,680,000
Garden apartment buildings
681 Mt Zion Rd, Jonesboro, GA 30236-1540
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0125945
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Total area
70 SF
Lot
6.51 ac (283,576 SF)
Zoning code
RM
APN
13-146A- C-002
UPID
US22-0125945
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
-
The Cottages At Southlake Apartment Complex
-
Urhura Freedom LLC Financial Advisor
-
Vida at Cottages Apartment Building
-
Postres Dulce tentación Bakery Specialty Food Shop
-
Braids by Remmy Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.68M
Owner & transaction history
681 Vida LLC · 1 yrs held
681 Vida LLC
since 2025
Last sale
$7.1M
7 recorded transactions
Zoning & alternative use
RM · Jonesboro, 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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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
$6,180,000
ML approach
$6,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.68M
Range $6.01M – $7.35M · ±10% · vs last sale $7.08M (Jan 1 2025)
Last sale anchor
$7.08M
Jan 1 2025
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
$95,429 / 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
$88,244
Tax year 2024
Assessed value
$169,280
Assessed 2024
Previous assessed
$169,280
+0.0% YoY
Effective rate
52.13%
On assessed value
Assessed land
$169,280
Assessed improvement
$2,092,699
Land market value
$423,200
Improvement market value
$5,231,748
Total market value
$5,654,948
Applied tax rate
8.0000
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
1972
Heating
NONE
Total area
70 SF
Lot
6.51 ac (283,576 SF)
Zoning code
RM
APN
13-146A- C-002
UPID
US22-0125945
Jurisdiction
CLAYTON
Zoning & alternative use
RM · Jonesboro, GA
Zoning RM · permitted uses
RM · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
6.51 ac
Current owner
From public records · entity-resolved
681 Vida LLC
Entity
Free & Clear · 1 yrs held
Mailing address
681 MT ZION RD, JONESBORO, GA 30236-1540
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
$7,075,000
681 Vida LLC
Property 681 Mt Zion LLC
Deed
—
Mar 5, 2021
$5,549,250
Property 681 Mt Zion LLC
Gulflet Southlake Cottages LLC
Limited Warranty Deed
$325,000 · Arbor Commercial Funding I
Jun 12, 2020
—
Gulflet Southlake Cottages LLC
—
Deed
related
$3,850,000 · Arbor Com'l Fndg I LLC
Jul 31, 2019
$4,205,000
Gulflet Southlake Cottages LLC
6700 Tara Blvd LLC
Grant Deed
$3,574,320 · Marquee Fndg Ptrs LLC
Aug 14, 2013
$350,000
6700 Tara Blvd LLC
Burton Capital LLC
Grant Deed
$1,400,000 · Burton Capital LLC
Jun 5, 2013
$350,000
Burton Capital LLC
Aok Properties Tara Blvd LLC
Grant Deed
related
—
May 8, 2012
$300,000
Aok Properties Tara Blvd LLC
Nottingham Partners LP
Trustees Deed
—
—
—
Gulflet Southlake Cottages LLC
—
Deed Of Trust
related
$3,850,000 · Arbor Com'l Fndg I LLC
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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