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Property profile & analytics
OFF-MARKET
Estimated value
$12,220,000
Garden apartment buildings
685 Rountree Rd Riverdale, GA 30274-3432
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4276339
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Total area
106 SF
Lot
10.19 ac (443,876 SF)
Zoning code
RM
APN
13-183B- A-006
UPID
US22-4276339
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
-
Pine Hill Townhomes Townhouse Complex Apartment Building
-
Archway Apartments Apartment Complex
-
Banjoid towing Auto Repair Shop
-
Sweetbraiderlocs (Swanky by Amanda Hair Salon
-
Digital Elite Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.62M
Blend (final)
Blend
$12.22M
Owner & transaction history
Archway Equity Partners LLC · 2 yrs held
Archway Equity Partners LLC
since 2023
Last sale
$13.4M
7 recorded transactions
Zoning & alternative use
RM · Riverdale, 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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
$15,310,000
ML approach
$9,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.22M
Range $11.00M – $13.44M · ±10% · vs last sale $13.40M (Sep 1 2023)
Last sale anchor
$13.40M
Sep 1 2023
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
$115,283 / 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
$154,399
Tax year 2024
Assessed value
$3,957,740
Assessed 2024
Previous assessed
$3,957,740
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$264,960
Assessed improvement
$3,692,780
Land market value
$662,400
Improvement market value
$9,231,950
Total market value
$9,894,350
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
106 SF
Lot
10.19 ac (443,876 SF)
Zoning code
RM
APN
13-183B- A-006
UPID
US22-4276339
Jurisdiction
CLAYTON
Zoning & alternative use
RM · Riverdale, GAZoning RM · permitted uses
RM · Riverdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
10.19 ac
Current owner
From public records · entity-resolved
Archway Equity Partners LLC
Entity
Mailing address
2520 SS BLVD APT #167, CHARLOTTE, NC 28203-6641
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2023
$13,400,000
Archway Equity Partners LLC
Atl20riv Owner LLC
Warranty Deed
—
Mar 14, 2022
—
Atl20riv Owner LLC
—
Deed
related
$2,897,000 · Colliers Mortgage
Nov 4, 2020
$8,480,000
Atl20riv Owner LLC
Kairos Auerbach Holdings LLC
Grant Deed
—
Oct 23, 2018
$4,038,000
Kairos Auerbach Holdihgs LLC
Pine Hill Townhomes LLC
Grant Deed
$15,600,000 · Loan Funder LLC Series 5273
Aug 3, 2016
$3,650,000
Pine Hill Townhomes LLC
Vishal Pine Hill LLC
Grant Deed
related
$2,800,000 · Arbor Com'l Fndg I LLC
Mar 27, 2009
—
Vishal Pine Hill LLC
Pine Hill Holding Co LLC
Quit Claim Deed
related
—
Mar 27, 2009
$1,425,000
Vishal Pine Hill LLC
Pine Hill Holding Co LLC
Grant Deed
related
—
Sep 2, 2008
$2,430,000
Pine Hill Holding Co LLC
685 Rountree Ltd
Grant Deed
—
Mar 29, 2006
$3,406,000
685 Rountree Ltd
Victory Townhomes LLC
Grant Deed
$260,000 · Lasalle Bank Fsb
—
—
Vishal Pine Hill LLC
—
Deed Of Trust
related
$2,050,000 · Union Central Life Insurance
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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