Description
Now available is a fully leased 8-unit multifamily complex at 703 School Street in Dalton, GA, offering a turnkey investment opportunity with reliable returns. The property generates a strong annual gross income of $74,100, with tenants responsible for all utilities—ensuring low operating costs and efficient cash flow. Located in a high-demand rental market just minutes from downtown Dalton, schools, shopping, and I-75, the complex benefits from consistent tenant demand. Each unit is occupied by long-term renters, and the property has been well-maintained, requiring minimal oversight from ownership. With 100% occupancy and immediate income, this asset provides a stable and hassle-free investment.
Listing Details
- Cap Rate
6.25%
- Tenancy
Multi
- Space Type
Multifamily
- Sub Category
Single Family Rental Portfolio
- Date Listed
9/24/2025
- Investment Type
Stabilized
- Net Operating Income
$62,400
- Parking Info
16 Spaces
Property Specifics
- Property Name
703 School St
- Property Class
B
- No of Buildings
3
- No of Stories
2
- No of Units
8
- Year Built
1988
- Building Size
8,008 SF
- Lot Size
0.65 Ac
- APN
12-220-19-008
- Zoning
R2
- Occupancy
100%