New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,535,000
Garden apartment buildings
7611 Sumter Hts Ct Raleigh, NC 27617-6717
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-0777077
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2012
Construction
FRAME
Total area
38,808 SF
Lot
14.48 ac (630,749 SF)
Zoning code
RX-3
APN
0768.02-66-8274 0369562
UPID
US53-0777077
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
-
Paramount Power Washing LLC Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.60M
Blend (final)
Blend
$3.54M
Owner & transaction history
Crest Of Brier Creek Invs Spe LLC · 8 yrs held
Crest Of Brier Creek Invs Spe LLC
since 2017
6 recorded transactions
Zoning & alternative use
RX-3 · Raleigh, NC
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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.54M
Range $3.18M – $3.89M · ±10%
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
$91 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$508,063
Tax year 2023
Assessed value
$46,077,308
Assessed 2023
Previous assessed
$46,077,308
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$8,730,000
Assessed improvement
$37,347,308
Land market value
$8,730,000
Improvement market value
$37,347,308
Total market value
$46,077,308
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
2012
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Units
42
Total area
38,808 SF
Lot
14.48 ac (630,749 SF)
Zoning code
RX-3
APN
0768.02-66-8274 0369562
UPID
US53-0777077
Jurisdiction
WAKE
Zoning & alternative use
RX-3 · Raleigh, NC
Zoning RX-3 · permitted uses
RX-3 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
42
Lot
14.48 ac
Current owner
From public records · entity-resolved
Crest Of Brier Creek Invs Spe LLC
Entity
Mailing address
PO BOX 56607, ATLANTA, GA 30343-0607
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2017
$47,900,000
Crest Of Brier Creek Invs Spe LLC
G & I Viii Brier Creek LLC
Grant Deed
$35,635,000 · Jones Lang Lasalle Multifamily
Dec 22, 2011
—
Brier Creek Apartments L Crest
Trg Briarcreek Lllp
Grant Deed
$20,000,000 · Rbc Bank (usa)
Oct 14, 2009
—
Quality Props Asset Mgmt Co
Bank Of America
Grant Deed
related
—
Sep 2, 2009
$2,300,000
Bank Of America NA
Sellers Hinshaw Ayers Dor
Trustees Deed
related
—
May 27, 2008
—
Wp East Acquisitions LLC
Cc Carolina Properties LLC
Grant Deed
related
—
May 7, 2008
—
Cc Carolina Properties LLC
—
Trustees Deed
related
$350,000 · Lq Legacy Cemetery Funds Mgmt
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 7611 Sumter Hts Ct?
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.
