Investment opportunity! All 12 units are 100% occupied - currently renting for $1,000 to $1,100 but could be raised to $1,250. Rents will be increasing on each unit to $1,150 starting April 1st, 2025. All units are 2 BR, 1 BA. New roof and sewer. Taxes are $5,000 - $6,000. There is space to build self-storage units or laundry area. Management fee 5%, cap rate of 7%
MLS# | 10412570 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 1999 |
Days On Site | 130 |
Listing Provided By | Keller Williams Rlty.North Atl | Lou Wieland |
SQ Feet | 8,176 |
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Building(s) | 1 |
Zoning | R7 |
Acreage | 0.79 |
State | GA |
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County | Whitfield |
City | Dalton |
Zip Code | 30721 |
Listing VS Median (In 30721) | |
Price: $1,900,000 low | high Med: $800,000 SqFt: 8,176 low | high Med: 2,802 $ / SqFt: $232 low | high Med: $312 On site: 130 low | high Med: 172.000000 |