Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$20,935,000
Garden apartment buildings
6970 Shenandoah Trl Austell, GA 30168-6606
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1642469
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
121,625 SF
Lot
10.4 ac (453,024 SF)
Zoning code
RM-12
APN
18049200070
UPID
US22-1642469
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
-
Cielo At Vinings Apartment Building
-
Midwood Pines Apartments Apartment Building Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$25.14M
Comparable Approach
Comparable
$13.49M
Blend (final)
Blend
$20.94M
Owner & transaction history
Cielo At Vinings LLC · 3 yrs held
Cielo At Vinings LLC
since 2023
Last sale
$19.6M
7 recorded transactions
Zoning & alternative use
RM-12 · Austell, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$29.9M
+14.9%
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 Austell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austell 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
$18,220,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$27,230,000
6.5%
$25,135,000
7%
$23,340,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$25,995,000
Current use
MEDICAL BUILDING
$29,875,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$24,205,000
Change: -7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$23,830,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$20.94M
Range $18.84M – $23.03M · ±10% · vs last sale $19.60M (May 26 2023)
Last sale anchor
$19.60M
May 26 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
$172 / 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
$197,532
Tax year 2024
Assessed value
$6,551,640
Assessed 2024
Previous assessed
$3,549,120
+84.6% YoY
Effective rate
3.02%
On assessed value
Assessed land
$600,256
Assessed improvement
$5,951,384
Land market value
$1,500,640
Improvement market value
$14,878,460
Total market value
$16,379,100
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
1973
Heating
NONE
Buildings
4
Units
168
Total area
121,625 SF
Lot
10.4 ac (453,024 SF)
Zoning code
RM-12
APN
18049200070
UPID
US22-1642469
Jurisdiction
COBB
Zoning & alternative use
RM-12 · Austell, GA
Zoning RM-12 · permitted uses
RM-12 · Austell, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Austell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$26.0M
MEDICAL BUILDING
Est. value
$29.9M
AUTO REPAIR, GARAGE
Est. value
$24.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.8M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Buildings
4
Units
168
Lot
10.4 ac
Current owner
From public records · entity-resolved
Cielo At Vinings LLC
Entity
Mailing address
750 HAMMOND DR BLDG 16-350, ATLANTA, GA 30328-6106
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2023
$19,600,000
Cielo At Vinings LLC
Midwood Pines LLC
Limited Warranty Deed
$14,687,500 · The Bancorp Bank
Apr 27, 2021
—
Midwood Pines LLC
Windwood Creekstone LLC
Quit Claim Deed
related
$12,150,000 · Arbor Realty SR INC
Sep 20, 2019
—
Windwood Equities LLC
—
Grant Deed
related
$9,750,000 · Mf1 Cap LLC
Jun 28, 2017
—
Republic Windwood LP
—
Grant Deed
related
$4,200,000 · Miscellaneous Ins Co
Mar 14, 2017
$5,425,000
Republic Windwood LP
Apartments At Windwood LLC
Grant Deed
—
Mar 14, 2017
—
Republic Windwood LP
Apartments At Windwood LLC
Quit Claim Deed
related
—
Apr 30, 2010
—
Apartments At Windwood LLC
Monday,robert W
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6970 Shenandoah Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
