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1418 Burgess Dr
Dalton, GA 30721

$4,000,000 USD

Apartments For Sale  •  27,724 SF

Property Details

• Property Type Apartments
• Total Building Size 27,040 SF
• Lot Size 3.09 AC
• Building Class B
• Year Built 1959
• Cap Rate 7.76 %
• Zoning MFR

40 Walk Score

Highlights

Highly attractive in-place assumable financing at 3.91% interest rate

Around 2/3 of units renovated with updated paint, flooring, and fixtures

Over 20% additional rental upside with strong occupancy and collections

Separately metered for water & power; in-unit washer and dryer connections

Located just off I-75 with direct access to Chattanooga and Atlanta

Stable economic base: over 150 carpet and flooring plants employing 30,000+

Cap Rate:

7.76 %

Amenities

• Laundry Facilities
• Playground

Public Transportation

Airport	Drive	Walk	Distance
Lovell Field	44 min	-	30.5 mi