Matthews Logo

Navigation Menu

2202 Raintree Way, Dalton, GA, 30720

RAINTREE APARTMENTS
yes

Key Information

Cap Rate
6.4%
$ per SF
$116
$ per unit
$110,870
Units
23
Year Built
1980
Type
Apartments

Highlights

INVESTMENT HIGHLIGHTS

  • Individually metered for water & power.
  • Historically steady & stable rent collections with no current delinquency.
  • 10 of the units come with their own garages.
  • Zero day 1 capex needs.
  • Within a 2 to 7-min drive of 30+ national retailers, restaurants, fast food
    chains, grocers, and household-name stores.
  • As much as 40% additional rental upside achievable though higher end
    interior upgrades and an exterior face lift.
  • Convenient to both Chattanooga, TN (20-min N) and to Atlanta, GA (1.5-hr S).
  • Washer & Dryer connections in all units.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203