Country Gardens Apartments

country-gardens-apartments-for-sale=dallas-ga

SOLD

Love Properties, Inc. as Exclusive Agent is pleased to offer the

COUNTRY GARDENS APARTMENTS

58 units

Dallas, GA (Metro- Atlanta)

country-gardens-apartments-for-sale=dallas-ga-maps

  • Well maintained and managed property 
  • Age – 1970 +/-country-gardens-apartments-for-sale=dallas-ga-1
  • High occupancy (95%)
  • Market Rent: $599/mo.
  • Upside potential in rents
  • Unite size: 897 sf
  • All 2BR/1 BA Units
  • All Electric, resident paid heat, AC and hot water
  • Brick Exterior; Pitched Roofs
  • Notable population growth rate- Paulding Country of 4.7% (2010-2014); One of the fastest growing counties in Metro Atlanta
  • High Visibility from high traffic road
  • Additional acreage for potential future development
  • Shopping and schools in close proximity
  • Paulding Country area unemployment rate 5.1%; Georgia unemployment rate is 6.3%
  • Asking Price: $1,925,000 ($33,189/Unit) ($37 per sq. ft)
  • Cap Rate (pro-Forma): 6.65%
Listing Agent: Roy A. Wright, CCIMSenior Vice President, Brokerage Services                            Love Properties, Inc.   4360 Chamblee Dunwoody Road, Suite 520  Atlanta, GA 30341              (678) 336-6303 Direct: (770) 457-4394 FAX    rwright@loveproperties.com                                  GA  Real Estate License #23454
For Full Offering Memorandum, please print, sign, and fax the following document to (770) 457-4394 or send to tsandlin@loveproperties.com

Principals
Confidential Agreement

Co-brokers will need to be paid by the Buyer

Every effort has been made to provide accurate information but no liability is assumed for errors and omissions