tomo logo

$1,900,000

Beds
Unknown
sq ft
Unknown

432 4th Ave, Dalton, GA 30721

432 4th Ave

Dalton, GA 30721

  • 6 days on market
Investment opportunity! All 12 units are 100% occupied - currently renting for $1,000 to $1,100 but could be raised to $1,250. All units are 2 BR, 1 BA. New roof and sewer. Taxes are $5,000 - $6,000. There is space to build self-storage units or laundry area. .9 acre. Management fee 5%, cap rate of 7%

Details

Property type

Lot size

0.79 acres

Price per sq ft

Unknown

Year built

1999

Annual property taxes

$5,936

HOA

No

Price History

11/13/2024
FMLS

FMLS #7487102

Listed
$1,900,000

Schools & Community

Elementary school: 

Whitfield - Other

Middle school: 

Whitfield - Other

High school: 

Whitfield - Other

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Ozk

Loan start date

November 2020

Original loan amount

$830,000

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

Commercial, 5 year

Seller

Bam Realty Ventures Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 5:40 PM

Listing updated: 11/18/2024 at 2:45 PM

Listed by: Lou Wieland, Keller Williams North Atlanta Phone #: (770) 663-7291

MLS: FMLS #7487102

FMLS logo

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