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Property profile & analytics
OFF-MARKET
Estimated value
$9,225,000
Garden apartment buildings
925 Gresham NE Ave, Marietta, GA 30060-2100
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1548162
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1997
Total area
48,908 SF
Lot
5.9 ac (257,135 SF)
Zoning code
RM-12
APN
16121200220
UPID
US22-1548162
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
-
Crestwood Park Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.11M
Comparable Approach
Comparable
$11.35M
Blend (final)
Blend
$9.23M
Owner & transaction history
Crestwood Park Equities LLC · 9 yrs held
Crestwood Park Equities LLC
since 2017
4 recorded transactions
Zoning & alternative use
RM-12 · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$11.8M
+57.7%
Neighborhood: shopping center
$10.8M
+43.8%
Office building
$7.7M
+2.7%
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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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%
$10,950,000
6.5%
$10,110,000
7%
$9,385,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,490,000
Current use
MEDICAL BUILDING
$11,810,000
Change: +58% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$10,765,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$7,695,000
Change: +3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,645,000
Change: +2% · Conversion: Moderate
RETAIL STORES
$7,135,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$9.23M
Range $8.30M – $10.15M · ±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
$189 / 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
$26,428
Tax year 2024
Assessed value
$3,123,840
Assessed 2024
Previous assessed
$1,869,088
+67.1% YoY
Effective rate
0.85%
On assessed value
Assessed land
$668,552
Assessed improvement
$2,455,288
Land market value
$1,671,380
Improvement market value
$6,138,220
Total market value
$7,809,600
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
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
1997
Heating
NONE
Buildings
6
Units
60
Total area
48,908 SF
Lot
5.9 ac (257,135 SF)
Zoning code
RM-12
APN
16121200220
UPID
US22-1548162
Jurisdiction
COBB
Zoning & alternative use
RM-12 · Marietta, GA
Zoning RM-12 · permitted uses
RM-12 · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.5M
MEDICAL BUILDING
Est. value
$11.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.8M
OFFICE BUILDING
Est. value
$7.7M
COMMERCIAL (GENERAL)
Est. value
$7.6M
RETAIL STORES
Est. value
$7.1M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1997
Heating
NONE
Buildings
6
Units
60
Lot
5.9 ac
Current owner
From public records · entity-resolved
Crestwood Park Equities LLC
Entity
Mailing address
1460 WALDEN AVE, LAKEWOOD, NJ 08701-1547
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2019
—
G Crestwood Park Equites LLC
—
Deed
related
$5,120,000 · Santander Bank NA
Jun 2, 2017
$4,500,000
Crestwood Park Equities LLC
Vcp Crestwood LLC
Grant Deed
related
$3,375,000 · Berkadia Com'l Mtg
Jun 2, 2017
—
Asjl Investments LLC
Vcp Crestwood LLC
Grant Deed
related
—
—
—
Crestwood Park LP
—
Loan Modification
related
$3,197,802 · Federal National Mortgage Assn
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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