49 Hosiery Mill Rd • Dallas, GA 30157

Year Purchased: 2022
Purchase Amount: $4,850,000.00
Equity: $2,484,999.98

River Pointe Commons was purchased in December 2022 and is a 22,665 square foot multi-tenant shopping center located in Dallas, GA (part of the Atlanta MSA). Built in two stages, the first in 2006 and the second in 2016, the property boasts a strong group of e-commerce-resistant tenants, including three medical/veterinarian tenants that comprise 45% of the total gross leasable area. The center was 94% occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.