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8-Unit Brick Apartment Building
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214 Patricia Ann Dr SE, Dalton, GA 30721

Renovated two-story townhome-style apartments with washer and dryer hookups, updated building systems, and an additional lot.

Property SizeContact for details
Lot Size1.10 Acres
Days on Market72

Property Features for 214 Patricia Ann Dr SE

General Information

Standard status Active
Class C
Lot size 1.10 Acres
Property subtype Multifamily
Zoning R5
Occupancy 100%
Net Operating Income $70,000

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8

Additional Details

Cap Rate 8%

Amenities

washer/dryer hookups

Building Details

Year Built 1970
Year Renovated 2023
Buildings 2
Stories 2
Units 8
Tenancy Multi
Construction brick
Listing Agency: Keller Williams Realty Greater Downtown
Listed By: Ashley Brumley · License #312381
Source: Crexi
Added: Jun 22 Changed: Aug 30 Last Checked: Aug 30 at 11:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Greater Downtown

Investment Insights

Based on property information with market context.

Adeline Place Apartments is an eight-unit, brick multifamily property arranged in a two-story townhome configuration. Each residence includes two bedrooms, one bathroom, and washer and dryer hookups. The 1970-built property has received multiple updates, including new paint, roofs, windows, carpet, flooring, septic components, and several HVAC systems. Water service is paid by the owner.

The property encompasses 1.10 acres at 214 Patricia Ann Dr SE in Dalton, Georgia, with an additional lot included as part of the septic use area. The asset is designated R5 and carries an 8.00% cap rate. Its apartment layout, recent improvements, and eight-unit scale provide a clear physical profile for multifamily ownership.

Key Highlights

  • 8‑unit brick apartment property with townhome‑style residences
  • All units offer 2 bedrooms, 1 bathroom, and washer and dryer hookups
  • Updates include new roofs, windows, paint, carpet, flooring, septic components, and several HVAC systems

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Parking Lot & Garage Carpet & Flooring Store Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 30721, GA

53,432
Population
19,866
Households
2.7
Avg Household Size
34
Median Age
12%
College-Educated
70%
High-School Grad
126.8 sq mi
ZIP Area
421
Density / Sq Mi
$57,749
Median Household Income
$33,029
Median Earnings
$898
Median Rent
$172,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated two-story townhome-style apartments with washer and dryer hookups, updated building systems, and an additional lot.
Where is this apartment building located?
The property is located at 214 Patricia Ann Dr SE Dalton, GA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 8‑unit brick apartment property with townhome‑style residences; All units offer 2 bedrooms, 1 bathroom, and washer and dryer hookups; Updates include new roofs, windows, paint, carpet, flooring, septic components, and several HVAC systems
More about this property
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