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Property profile & analytics
OFF-MARKET
Estimated value
$2,940,000
Garden apartment buildings
Martin Luther King Jr Dr Sw, GA
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1837426
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
11,872 SF
Lot
1.27 ac (55,452 SF)
Zoning code
RG3
APN
14 018000120249
UPID
US22-1837426
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
$2.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.94M
Owner & transaction history
Chirhamolekwa A Williams · 4 yrs held
Chirhamolekwa A Williams
since 2021
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
RG3 · Sw, GA
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 Sw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sw 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%
$2,185,000
6.5%
$2,015,000
7%
$1,870,000
Blend value · Realmo final
$2.94M
Range $2.65M – $3.23M · ±10% · vs last sale $3.40M (Sep 15 2021)
Last sale anchor
$3.40M
Sep 15 2021
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
$248 / 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
$54,708
Tax year 2023
Assessed value
$1,321,440
Assessed 2023
Previous assessed
$1,321,760
0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$144,000
Assessed improvement
$1,177,440
Land market value
$360,000
Improvement market value
$2,943,600
Total market value
$3,303,600
Applied tax rate
5.0000
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
1960
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
16
Bathrooms
4
Total area
11,872 SF
Lot
1.27 ac (55,452 SF)
Zoning code
RG3
APN
14 018000120249
UPID
US22-1837426
Jurisdiction
FULTON
Zoning & alternative use
RG3 · Sw, GA
Zoning RG3 · permitted uses
RG3 · Sw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sw. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
16
Bathrooms
4
Lot
1.27 ac
Current owner
From public records · entity-resolved
Chirhamolekwa A Williams
Individual
Mailing address
9606 BRK ISLE AVE, DELRAY BEACH, FL 33446-9686
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2021
$3,400,000
Chirhamolekwa A Williams
2129mlkjr LLC
Warranty Deed
$2,950,000 · Lendingone
Mar 20, 2020
$2,500,000
2129mlkjr LLC
Kings Glen Apartments LLC
Grant Deed
$2,000,000 · Cbre Cap Markets
Feb 6, 2019
—
Kings Glen Apartments LLC
Lly Holdings LLC
Warranty Deed
$1,235,000 · Hunt Mortgage Capital
Feb 20, 2018
$1,330,000
Lly Holdings LLC
Tyfor Investments Gwinnett INC
Grant Deed
$997,500 · Patch Of Land Lndg
May 18, 2015
—
Tyfor Investments Gwinnett INC
Porter,jerry D
Quit Claim Deed
related
$406,857 · Piedmont Bk
May 18, 2015
$890,000
Tyfor Investments Gwinnett INC
Porter,jerry D
Warranty Deed
—
Apr 9, 2015
—
Jerry Porter
Vision Keepers Trust
Warranty Deed
related
—
Dec 8, 2014
—
Vision,keepers Trust
Porter,jerry
Grant Deed
related
—
Oct 31, 2014
—
Generation II Nobles Prop & Trust
Porter,jerry
Grant Deed
related
—
Nov 1, 2008
$855,119
Jerry D Porter
Celestial Properties LLC
Grant Deed
—
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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