Property Location

2371 E Dennis Drive, Gainesville GA 30507

Interactive Map

Open in Google Maps →

List Price $245,000

Units 1

Price / Unit $245,000

Est. Year 1 Cash Flow $-7,144 after debt service

2371 E Dennis Drive Gainesville, GA 30507

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

The property for sale is only a portion of what is referenced on the deed and is described below Possible assemblage at 2371 E. Dennis Drive Gainesville Ga. 30507 for at total of 15.5+/- acres. with potential to annex into the city of Gainesville for PUD zoning. 2371 E. Dennis would consist of approximately 6.27+/- acres formed from a portion of a subdivided parcel of Hall County tax parcel number currently known as 15022 000078. The division of parcel 15022 000078 would begin at the Southwest corner of the parcel 15022 000015E (Bonds) and the meeting point of parcel 15022 000015F (Christian) and go approximately 520+/- feet to the Northeast meeting point of Parcels 15022 000028 (Watkins) & 15022 000029 (McCrary) An irrevocable sewer access easement would be granted via Hall County Parcel 15022 00095 (Mize) and made apart of that land forever and always.

Investment Notes — Gainesville

Located in the Gainesville, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $245,000 Verified

 Est. Year 1 Cash Flow  $-7,144  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

46%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Gainesville. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Other Gainesville, GA multifamily properties currently available

Multifamily for sale: 4519 Roy Cagle Road, Gainesville

5 Units

Review Further

$675,000

4.7% Cap -5.0% CoC est

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7665645 · Listing courtesy of Keller Williams Lanier Partners, Brittany Goss · 770-503-7070

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

Featured Agent