1. Renovation Upside

• The current owners have initiated a broad renovation program, making improvements to both the interiors and exteriors of the property.
• Interior work to date includes light updates such as refreshed cabinetry, modern lighting, upgraded kitchen and bathroom fixtures, new countertops and appliances, and full-unit repainting.
• Exterior enhancements include new signage, individual mailboxes, tree removal, landscape improvements, drainage upgrades, and selective replacement of HVAC and water heater units.
• While several units have received light interior updates, incoming ownership has the opportunity to implement more premium-level renovations to further elevate finishes and maximize rent potential.
• Additionally, four “classic” units remain untouched and offer immediate upside through completion of interior upgrades.

2. Expanding Market with Strong Fundamentals

• Calhoun, Georgia is well-positioned for long-term expansion, thanks to its advantageous location along the I-75 corridor in the state’s northwest region.
• The city’s economic foundation in textiles continues to play a key role, while its access to major transportation routes has made it increasingly attractive to logistics and distribution operators.
• The area’s industrial capacity, coupled with its strategic location, supports a broader base of commercial interest beyond textiles.
• Forecasts indicate a 10% rise in the number of households in Calhoun over the next five years, reinforcing the area’s appeal for continued residential growth.

3. Major Employers in the area

• MoHawk Home
• Gordon County Schools
• Advent Health Gordon
• Tarkett
• Mannington Mills
• Teklas
• Engineered Floors
• Walmart Supercenter