1418 Burgess Dr - Apartments FOR SALE
Dalton, GA 30721 |
$4,000,000 USD
407-463-9752
1418 Burgess Dr
Dalton, GA 30721
HIGHLIGHTS
- Highly attractive in-place assumable financing at 3.91% interest rate
- Around 2/3 of units renovated with updated paint, flooring, and fixtures
- Over 20% additional rental upside with strong occupancy and collections
- Separately metered for water & power; in-unit washer and dryer connections
- Located just off I-75 with direct access to Chattanooga and Atlanta
- Stable economic base: over 150 carpet and flooring plants employing 30,000+
FOR SALE DETAILS
PRICE
$4,000,000 USD
PRICE/SF
$144 USD /SF
# OF UNITS
39
PRICE/UNIT
$102,564
CAP RATE
7.76%
% LEASED
87%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Strawberry Commons
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1959
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.09 AC
LAND SF
134,600 SF
ZONING
MFR
APN/PARCEL ID
12-216-06-003
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407-463-9752
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407-463-9752
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