Skip to main content

Multifamily

Dalton, GA Portfolio

1219 W Emery St, Dalton, GA 30720

Listing Price: Request For Offer

Number of Units
152
Gross SF
128,235

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the New Georgians and the Strawberry Commons, 152-unit two-property portfolio apartment complex in Dalton, GA.

Conveniently located in northwest Georgia, this asset is a 25–30-minute drive from Chattanooga, TN, and is around 78 miles north of Atlanta, GA. Currently, both assets bolster a 94%+ occupancy rate as well as include attractive agency debt assumption terms.

Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents.

AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE STRAWBERRY COMMONS AND NEW GEORGIAN APARTMENTS.

Investment Highlights

  • 25–30-minute drive from Chattanooga, TN, and is around 78 miles north of Atlanta, GA.
  • Both assets bolster a 94% Occupancy rate
  • Attractive agency debt assumption terms

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Multifamily

Dalton, GA Portfolio

Listing Price: Request For Offer

Number of Units
152
Gross SF
128,235

Investment Highlights

  • 25–30-minute drive from Chattanooga, TN, and is around 78 miles north of Atlanta, GA.
  • Both assets bolster a 94% Occupancy rate
  • Attractive agency debt assumption terms

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the New Georgians and the Strawberry Commons, 152-unit two-property portfolio apartment complex in Dalton, GA. Conveniently located in northwest Georgia, this asset is a 25–30-minute drive from Chattanooga, TN, and is around 78 miles north of Atlanta, GA. Currently, both assets bolster a 94%+ occupancy rate as well as include attractive agency debt assumption terms. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE STRAWBERRY COMMONS AND NEW GEORGIAN APARTMENTS.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

MM Texture Background
MM Textured Background Lower