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Property profile & analytics
OFF-MARKET
Garden apartment buildings
688 Jolly S Ave Clarkston, GA 30021
Individually Owned
14-yr Hold
Free & Clear
Property ID
US22-0403414
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Construction
WOOD FRAME
Total area
4,030 SF
Lot
0.05 ac (2,004 SF)
Zoning code
X
APN
18 066 14 018
UPID
US22-0403414
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
Delta Alexander · 14 yrs held
Delta Alexander
since 2011
Last sale
$183,000
4 recorded transactions
Zoning & alternative use
X · 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
$3,414
Tax year 2024
Assessed value
$73,200
Assessed 2024
Previous assessed
$73,200
+0.0% YoY
Effective rate
4.66%
On assessed value
Assessed land
$5,040
Assessed improvement
$68,160
Land market value
$12,600
Improvement market value
$170,400
Total market value
$183,000
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
Off-Market
Year built
1972
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
2
Units
4
Total area
4,030 SF
Lot
0.05 ac (2,004 SF)
Zoning code
X
APN
18 066 14 018
UPID
US22-0403414
Jurisdiction
DE KALB
Zoning & alternative use
X · Clarkston, GA
Zoning X · permitted uses
X · 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
0.05 ac
Current owner
From public records · entity-resolved
Delta Alexander
Individual
Free & Clear · 14 yrs held
Mailing address
688 JOLLY AVE SQ704, CLARKSTON, GA 30021
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2011
—
Delta Alexander
Alexander,nicholas C
Quit Claim Deed
related
—
Apr 22, 2010
$24,000
Delta Alexander
Retained Realty INC
Grant Deed
—
Mar 3, 2009
—
Emigrant Mtg Co INC
Garner,topaz
Grant Deed
related
—
Aug 25, 2004
$185,000
Topaz Garner
Hailu,alebachew
Warranty Deed
$175,750 · Emigrant Mortgage
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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