Dalton Multifamily Portfolio with
3950 S Dixie Hwy Dalton, GA 30721
3950 S Dixie Hwy, Dalton, GA, 30721
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For Sale
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Income-producing multifamily portfolio with expansion potential in Dalton, Georgia.
Lot Size2.02 Acres
Days on Market151
Property Features for 3950 S Dixie Hwy
General Information
- Standard status
- Active
- Lot size
- 2.02 Acres
- Property subtype
- Multifamily
Listing Agency
Selling North Georgia Realty
(423) 664-1356
Listed by
Michael Williams · License #344170
Source
Crexi
Added: Feb 16 Checked: Jul 16 at 4:52 am
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Investment Insights
Based on property information with market context.
This income-producing multifamily portfolio, located on South Dixie Highway in Dalton, presents a value-add opportunity with expansion potential. The property consists of 11 units situated on approximately 2.02 acres, offering a scalable asset with in-place rental income. Extensive renovations and repairs have been completed across the portfolio, with all units remodeled during 2024–2025, resulting in units that require only minor turnover work between tenants. The single-family houses received new roofs in 2022, and the apartments received a new roof in 2024. A major infrastructure upgrade was completed when the property was converted from septic to city sewer, including the installation of a heavy-duty pump station and new piping throughout the site. The system was designed with sufficient capacity to support proposed additional units. Adding to the upside, the property has received final approval for rezoning from R-6 to R-7 High Density Residential, opening the door for increased density and future development. A preliminary site plan illustrates the potential to add six additional 600 SF units, bringing the total to 17 units, while remaining within zoning density requirements. Financials show approximately $93,547.29 in gross income over the most recent 12-month period, with detailed expense reporting and documented capital expenditures including remodel costs. This offering is ideal for investors seeking immediate cash flow, operational history, and a clear path to increasing value through additional unit development. It offers an excellent combination of stabilized income, recent improvements, and approved density upside in a growing Dalton rental corridor.
Key Highlights
- Approved rezoning to R‑7 High Density Residential
- Preliminary site plan shows potential to add six additional 600 SF units, increasing the total to 17 units
- All 11 units remodeled during 2024–2025, requiring only minor turnover work between tenants
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Income-producing multifamily portfolio with expansion potential in Dalton, Georgia.
Where is this apartment building located?
The property is located at 3950 S Dixie Hwy Dalton, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approved rezoning to R‑7 High Density Residential; Preliminary site plan shows potential to add six additional 600 SF units, increasing the total to 17 units; **All 11 units remodeled during 2024–2025**, requiring only minor turnover work between tenants