432 4Th Ave, Dalton, GA 30721
- Apartment buildings
- 950 SF
Current Use by Public Records
- Apartment buildings
Property Details for 432 4Th Ave
- Year built
- 1999
- Property type
- Apartment buildings
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 11, 2023 | — | Arya11 LLC | Bam Realty Ventures LLC | Deed | — |
| Dec 3, 2020 | — | Bam Realty Ventures LLC | Ness Apartment LLC | Grant Deed · related | $830k · Bank Ozk |
Description
Outstanding Investment Opportunity – 12-Unit Multifamily Key Highlights: • 100% occupancy – all units leased at $1,150/month, with increases to $1,250/month in late 2025. • Projected NOI: $128,000 • Cap Rate: 7% • Management Fee: 5% • Fully renovated in 2024 – new roof, HVAC, interiors, and exterior improvements. • Lot size: 0.9 acres – room for laundry facility or self-storage units. • Tenants pay electricity and gas; owner pays water (~$500/month). • All units have washer/dryer hookups and individual metering. Financial Summary: Scenario Gross Income Expenses NOI Value @ 7% Cap Current $165,600 $25,000 $128,000 $1,828,571 Pro Forma (2025) $180,000 $25,000 $155,000 $2,214,286 Why This Property? • Immediate strong cash flow with current NOI of $128K. • Built-in appreciation of ~$385K from scheduled rent increases. • Low maintenance risk due to complete recent renovation. • Additional income potential from lot development.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Dalton
- County
- Whitfield
- State
- Georgia
- Longitude
- -84.9566998
- Latitude
- 34.7664624
