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Property profile & analytics
FOR SALE
Apartment buildings
7865 Grove Ct W Germantown, TN 38138
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-2895856
No photos on file
For Sale
$6,950,000
7865 Grove Ct W, Germantown, TN 38138
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1993
Construction
FRAME
Total area
57,920 SF
Lot
30.77 ac (1,340,385 SF)
Zoning code
R-T
APN
G02-20 - - -00163-C
UPID
US80-2895856
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
-
The Grove Germantown Apartment Rental Agency Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.66M
Comparable Approach
Comparable
$9.31M
Blend (final)
Blend
$6.95M
Owner & transaction history
Oro Retreat At Germantown Owner LLC · 1 yrs held
Oro Retreat At Germantown Owner LLC
since 2024
3 recorded transactions
Zoning & alternative use
R-T · Germantown, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.3M
+60.8%
Auto repair, garage
$5.6M
+9.0%
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 Germantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Germantown 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%
$7,210,000
6.5%
$6,655,000
7%
$6,180,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,155,000
Current use
MEDICAL BUILDING
$8,285,000
Change: +61% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,615,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$4,805,000
Change: -7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,250,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$6.95M
Range $6.26M – $7.65M · ±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
$120 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$504,501
Tax year 2022
Assessed value
$9,964,080
Assessed 2023
Previous assessed
$9,964,080
+0.0% YoY
Effective rate
5.06%
On assessed value
Assessed land
$2,167,400
Assessed improvement
$7,796,680
Land market value
$5,418,500
Improvement market value
$19,491,700
Total market value
$24,910,200
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1993
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
8
Stories
1
Units
64
Bathrooms
8
Total area
57,920 SF
Lot
30.77 ac (1,340,385 SF)
Zoning code
R-T
APN
G02-20 - - -00163-C
UPID
US80-2895856
Jurisdiction
SHELBY
Zoning & alternative use
R-T · Germantown, TN
Zoning R-T · permitted uses
R-T · Germantown, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Germantown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$8.3M
AUTO REPAIR, GARAGE
Est. value
$5.6M
RETAIL STORES
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1993
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
8
Units
64
Bathrooms
8
Lot
30.77 ac
Current owner
From public records · entity-resolved
Oro Retreat At Germantown Owner LLC
Entity
Mailing address
220 E 42ND ST STE #802, NEW YORK, NY 10017-5806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
—
Oro Retreat At Germantown Owner LLC
G & I Viii Brook Chase LLC
Quit Claim Deed
related
—
Jul 17, 2024
$53,550,000
Oro Retreat At Germantown Owner LLC
G&i Viii Brook Chase LLC
Special Warranty Deed
$37,249,000 · Walker & Dunlop LLC
—
—
G & I Viii Brook Chase LLC
—
Deed Of Trust
related
$31,000,000 · Hsbc Bk USA NA
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?”
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