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Property profile & analytics
OFF-MARKET
Garden apartment buildings
705 Sunhill NW Rd Center Point, AL 35215-3065
Entity Owned
4-yr Hold
Free & Clear
Property ID
US03-3030659
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1974
Total area
11,104 SF
Lot
2.33 ac (101,495 SF)
Zoning code
CR5
APN
13-00-12-3-008-002.000
UPID
US03-3030659
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
Sterling Madison Park LLC · 4 yrs held
Sterling Madison Park LLC
since 2022
Last sale
$32.5M
7 recorded transactions
Zoning & alternative use
CR5 · Center Point, 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 Center Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Center Point 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 2022Property tax & assessments
Tax year 2022
Tax billed
$30,544
Tax year 2022
Assessed value
$742,840
Assessed 2023
Previous assessed
$421,300
+76.3% YoY
Effective rate
4.11%
On assessed value
Assessed land
$111,620
Assessed improvement
$631,220
Land market value
$558,100
Improvement market value
$3,156,100
Total market value
$3,714,200
Applied tax rate
36.0000
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
8
Bathrooms
25
Total area
11,104 SF
Lot
2.33 ac (101,495 SF)
Zoning code
CR5
APN
13-00-12-3-008-002.000
UPID
US03-3030659
Jurisdiction
JEFFERSON
Zoning & alternative use
CR5 · Center Point, AL
Zoning CR5 · permitted uses
CR5 · Center Point, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Center Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
25
Lot
2.33 ac
Current owner
From public records · entity-resolved
Sterling Madison Park LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3900 EDISON LKS PKWY STE #201, MISHAWAKA, IN 46545-3442
Ownership since
2022
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
Apr 18, 2022
$32,500,000
Sterling Madison Park LLC
Devonshire Apartments Al LLC
Warranty Deed
—
May 9, 2016
—
Devonshire Apartments Al LLC
—
Deed
related
$10,993,000 · Keybank USA
Aug 24, 2015
$4,204,500
Devonshire Apartments Al LLC
C-k Devonshire Place LLC
Warranty Deed
related
—
Aug 12, 2015
$3,171,000
C-k Devonshire Place Cash LLC
C-k Devonshire Place LLC
Warranty Deed
related
—
Aug 12, 2015
$789,000
Rcg New Plan Devonshire 1031 L
C-k Devonshire Place LLC
Warranty Deed
related
—
—
—
C-k Devonshire Place LLC
—
Deed Of Trust
related
$1,900,000 · M&t Rlty Cap
—
—
Devonshire Apartments Al LLC
—
Deed Of Trust
related
$10,993,000 · Keybank USA
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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