Contacts
Bull Realty
Property Details
- Property Type Other
- Property Size 23,120 SF
- Units 40
- Lot Size 20.17 Acre
- Year Built 1991
- Date Updated May 20, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 2024 Weitz Replacement Cost (Construction cost only): $273/SF
- Acquisition CAP Rate: 12.2%
- Cash on Cash: 32.25%
- CoStar Southeast Sold Comps: $233/SF; subject property at $112.46/SF
- Debt Service Coverage Ratio: 1.88
- FINANCIAL HIGHLIGHTS (5-Year Hold)
- Forecast NOI: $395,694 (normalizing expenses to 75% of Gross Revenue)
- Gross Revenue: $1,582,777 (Actual)
- IRR: 73.54%
- List Price: $2,600,000
- Occupancy: 77.5% (Actual)
- Projected Sales Year 5: $5.54 million
- PROPERTY HIGHLIGHTS
- Property Qualifies for an SBA 504 Loan: 25-year term, 85% LTC, and 5.856% interest
- Revenue growth 5% per year
- Sales proceeds after expenses: $3.39 million
- Using Vacancy 22.5% Year 1, 15% Years 2-10
Attachments
Getting around
-
21/100
Bike Score ®
Location
- City Dalton, GA
- Zip Code 30720
- Market Chattanooga
Points of Interest
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BP
2.06 miles
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ONE9
2.19 miles
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Kroger
2.92 miles
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Walmart
3.63 miles
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Pilot
4.57 miles
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Murphy USA
5.08 miles
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BP - Kangaroo
5.18 miles
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Marathon
5.32 miles
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RaceTrac
5.33 miles
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Resaca Battlefield State Historic Site
9.90 miles
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Americas Best Value Inn
2.03 miles
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Hampton Inn & Suites
2.72 miles
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Comfort Inn & Suites
2.76 miles
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Country Inn & Suites
2.82 miles
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Holiday Inn Express
2.82 miles
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Red Roof Inn
2.89 miles
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Super 8
2.91 miles
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Days Inn
2.99 miles
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Quality Inn
3.12 miles
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Hilton Garden Inn
3.14 miles
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Big Lots
2.84 miles
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TJ Maxx
2.85 miles
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Kroger
2.87 miles
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Ross
3.04 miles
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Food City
3.05 miles
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Walmart Neighborhood Market
3.68 miles
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Walmart Supercenter
4.74 miles
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Kohl's
4.76 miles
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Wallnut Square Mall
4.94 miles
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ALDI
5.15 miles
Bull Realty