36 Choice Ave - Residential Income FOR SALE


Dahlonega, GA 30533
$1,250,000 USD
706-300-4995
36 Choice Ave, Dahlonega, GA for Sale
$1,250,000 USD
Residential Income - FOR SALE
1/18
null | 7.92% Cap Rate

36 Choice Ave
Dahlonega, GA 30533


HIGHLIGHTS

  • 36 Choice Avenue presents a 3,400-square-foot specialty/ residential income investment opportunity.
  • Dahlonega, GA, is home to the University of North Georgia - Dahlonega Campus, a public, four-year university.
  • The property is ideal for short-term or long-term rental in Dahlonega, Georgia's tourism and college town.
  • A large tourism aspect of Dahlonega is it being known as the heart of Georgia's wine country.

OVERVIEW

Blaze Properties, Inc. is pleased to present the investment opportunity for short-term or long-term rentals in Dahlonega, GA, a tourism destination and college town. The Dahlonega Square Villas at 36 Choice Avenue are located in Dahlonega's historic district, walkable to the downtown square and the college, and feature four units that are currently being rented as short-term rentals as an ancillary part of the Dahlonega Square Hotel. The building is being sold as is and fully furnished, so start-up costs will be minimal. The unit mix consists of two larger units (captioned MV and GV in the pictures), which include two beds/two baths, a full kitchen, and a living room area. The two smaller units (captioned MR and GP in pictures) include a one-bed/one-bath, a full kitchen, and a living room area. The property also includes four parking spaces in front and 2 laundry/storage rooms on the back of the building, which can be used by staff or tenants.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$368 USD /SF

CAP RATE

7.92%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CBD

APN/PARCEL ID

D11-000-062-000

ASK ABOUT THIS PROPERTY

Durant WrightBlaze Properties, Inc.More Info
706-300-4995

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Durant WrightBlaze Properties, Inc.More Info
706-300-4995

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.