BEDS0
BATHS
MLS#10702926
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
NEIGHBORHOODDalton
Property Description
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 Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air
Heating: Baseboard
Lot Size: 0.79 Acres
Stories: 2.0
Taxes: $6,625
Year Built: 1999
Feature Descriptions
Days on Site: 2
Exterior: Vinyl Siding
Parking Notes: Off Street
Sewer: Public Sewer
Units: 12
Water: Public
Local Schools
High School: Other
Middle School: Other
Elementary School: Other
Listed By / Shown By
Listed By
Agency Name: Chapman Hall Realtors
Agency Phone: 404-252-9500
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: GAMLS
Estimate Your Payment
Estimated Payment
$ 4,894.31 per month $3,839.10 Principal & Interest $552.08 Property Tax $503.13 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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432 4th Avenue | MLS# 10702926
This multi-family property located at 432 4th Avenue, Dalton, GA 30721 is currently listed for sale with an asking price of $1,725,000. Search Dalton real estate on www.crye-leike.com today.