1390 Barnett Shoals Road Athens, GA 30605
64 Beds
64 Baths
25,200 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 25,200 sqft
Price per Sqft $205
MLS Listing ID CL351848
Bedrooms 64
Full Baths 64
HOA Y/N No
Year Built 2008
Lot Size 4.450 Acres
Acres 4.45
Property Sub-Type Single Family Residence
Source SAV
Property Description
The community is currently operating at 100% occupancy and boasts a strong, proven rental track record, providing immediate and reliable cash flow for investors. Each cottage sits on its own fee simple lot, offering added flexibility, long-term exit optionality, and intrinsic value not typically found in traditional student housing developments.
Residents benefit from convenient proximity to a wide array of local shopping, dining, and entertainment options along Barnett Shoals Road and throughout the greater Athens area.
In addition to the existing improvements, the offering includes approximately 4.45 acres of contiguous undeveloped land, presenting a compelling opportunity to expand the amenity package or potentially increase density.
Zoned RM-2, this property represents an attractive opportunity to acquire a well-performing asset with meaningful scale that appeals to a wide range of investors. With established income and a location within one of Athens' most desirable student housing corridors, assets of this size are increasingly difficult to find. The property's unique setting is highly marketable, featuring expansive road frontage and a desirable forested natural buffer to the south that enhances resident appeal.
As UGA continues to experience steady enrollment growth and strong student housing demand, the property is well-positioned for sustained performance.
Interested parties may contact the listing broker for detailed financials, the current pre-lease rent roll, and to schedule a tour.
Location
State GA
County Clarke
Direction From Loop 10, take exit 8, turn right off exit. Take a right on Barnett Shoals, property is on the right (Clearwater Creek)
Interior
Heating Central, Electric
Cooling Central Air, Electric
Appliance Electric Water Heater
Laundry In Hall, Other
Exterior
Parking Features Parking Lot
Utilities Available Underground Utilities
Garage No
Building
Water Public
Architectural Style Traditional
Level or Stories 2
Others
Tax ID 174D 003
Acceptable Financing Other
Listing Terms Other
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/sav/CL351848
