Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,725,000
-- Bed
- -- Bath
--sqft
432 4Th Ave, Dalton, GA 30721
$1,725,000
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Multi Family
Built in 1999
$-- HOA
34,412.4 sqft lot
--/sqft
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. ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1999
HOA Fees
-
Finished Area
- sqft
Lot Size
34,412.4 sqft lot
Basement Area
- sqft
MLS Name
Georgia MLS
MLS Number
10702926
MLS Status
Active
Days on Market
16
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