100 Prince Ave - Apartments CONDO FOR SALE


Athens, GA 30601- Pulaski Heights
$6,000,000 USD
706-353-1039
100 Prince Ave, Athens, GA for Sale
$6,000,000 USD
Apartments CONDO - FOR SALE
1/9
null | 5.54% Cap Rate

100 Prince Ave
Athens, GA 30601
Pulaski Heights


HIGHLIGHTS

  • Six established commercial tenants offering rental diversification.
  • Modern construction with attractive curb appeal and functional layouts.
  • Prime location near downtown Athens and the University of Georgia campus.
  • Strong retail synergy supported by nearby dining, entertainment, and residential density.
  • Positioned along Prince Avenue, a key arterial with significant daily traffic.
  • Located approximately 1.3 miles from Sanford Stadium and major downtown attractions.

OVERVIEW

100 Prince offers a unique opportunity to acquire a modern mixed-use retail condominium property located in the heart of Athens, Georgia. This 24,350 SF asset features six dedicated commercial spaces, fully occupied by established tenants, delivering a diversified and steady revenue stream. Built in 2020, the property exemplifies contemporary design and quality construction, minimizing near-term capital needs for new ownership. Positioned on Prince Avenue, a high-visibility corridor with strong connectivity to downtown Athens, the property lies within walking distance of the University of Georgia campus. Surrounding amenities include national retailers, local dining staples, and hospitality brands, all of which contribute to robust pedestrian traffic and high consumer demand. Tenancy is composed of well-known regional culinary and service brands, further reinforcing stability and market appeal. Combined with a favorable C-D zoning designation, this property offers an exceptional balance of income security and growth potential in one of Georgia’s most vibrant urban centers. Positioned along Prince Avenue, a highly visible and well-traveled corridor, the asset benefits from strong connectivity to downtown Athens and major attractions, including Sanford Stadium only 1.3 miles away. The surrounding market includes numerous national and regional retailers, popular dining destinations, and high-density residential developments, delivering consistent foot traffic and consumer demand. With a current cap rate of 5.54% and NOI of $332,548, 100 Prince combines strong in-place income with long-term upside potential, making it a compelling acquisition for investors seeking stability and growth in one of Georgia’s most dynamic university cities.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

5.54%

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

One Hundred Prince Commercial

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

216,529 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-D

APN/PARCEL ID

163C4-C-012,171A2-B-002

ASK ABOUT THIS PROPERTY

Tyler MatthewsAustin Sumner PropertiesMore Info
706-353-1039

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tyler MatthewsAustin Sumner PropertiesMore Info
706-353-1039

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.