Cap Rate
7.41%
GRM
8
$ per SF
$162
1418 Burgess Dr, Dalton, GA, 30721
Strawberry Commons$4,387,000
Key Information
$ per unit
$112,487
Units
39
Year Built
1959
Type
Apartments
NOI
$324,867
Leasable Area
27,040
Highlights
- Highly attractive in place assumable financing (see terms on page 14)
- Around 2/3 of the units renovated with updated paint & flooring, light fixtures, countertops, vanities, and door hardware
- In-unit washer and dryer connections
- Strong occupancy and collections
- Separately metered for water & power
- Over 20% additional rental upside
Photos
Location
Agents
A
Austin GrahamLicense # 408272 (GA)
C
Connor KernsLicense # 408600 (GA)
Broker of Record
Maxx Bauman
License # 451849 (GA)Matthews Real Estate Investment Services, Inc1600 West End, Ste. 1500 Nashville, TN 37203