$1,725,000

Multi Family In Dalton

  • 34,413 Sqft lot
  • Updated: May 11
  • Source:
    Georgia MLS  MLS#10702926

About the Property

Outstanding Investment Opportunity - 12-Unit Multifamily Key Highlights: * 100% occupancy - all units leased at $1,150/month, with increases to $1,250/month in late 2025. * NOI: $128,000 * Cap Rate: 7% * Management Fee: 5% * Fully renovated in 2024 - new roof,HVAC, interiors, and exterior improvements. * Lot size: 0.9 acres - room for laundry facility or self-storage units. * Tenants pay electrici
Outstanding Investment Opportunity - 12-Unit Multifamily Key Highlights: * 100% occupancy - all units leased at $1,150/month, with increases to $1,250/month in late 2025. * NOI: $128,000 * Cap Rate: 7% * Management Fee: 5% * Fully renovated in 2024 - new roof,HVAC, interiors, and exterior improvements. * Lot size: 0.9 acres - room for laundry facility or self-storage units. * Tenants pay electricity and gas; owner pays water (~$500/month). * All units have washer/dryer hookups and individual metering. Financial Summary: Scenario Current Gross Income $165,600 Pro Forma -$180,000 NOI $155,000 Value @ 7% Cap-$2.214,286 * Immediate strong cash flow with current NOI of $128K. * Built-in appreciation of ~$385K from scheduled rent increases. * Low maintenance risk due to complete recent renovation. * Additional income potential from lot development.
  • Property type

    Other

  • Year built

    1999

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432 4th AVE, Dalton, Georgia, United States View on Google Maps
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Chapman Hall Realtors - Atlanta

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Chapman Hall Realtors - Atlanta
Georgia, United States
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46
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2025
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Chapman Hall Realtors - Atlanta
Atlanta, Georgia, United States
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Last updated
May 11
First listed
Mar 5
Listing reference
10702926
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