Marcus & Millichap is pleased to present the exclusive listing of City View Apartments in Athens, GA. City View Apartments offers the opportunity to acquire a cash-flowing student housing asset at UGA with below market rents at a meaningful discount to replacement cost. Current rents are below every direct comparable and below the Athens market average across all unit types — a condition driven by recent new supply in the submarket that has already begun normalizing. An incoming owner benefits from parental guarantees on every lease, zero historical collection loss, and a straightforward path to revenue growth in one of the top college markets in the US. Property Features: - Proximity to the University of Georgia & Downtown Athens: Located approximately ½ mile from downtown Athens and the UGA campus. UGA’s enrollment has grown every year for the past decade, surpassing 40,000 students in 2024 — making Athens one of the strongest and most consistent student housing markets in the country - Purpose-Built Student Housing: The property features large 3–5 bedroom floor plans designed for student renters, allowing efficient leasing and strong demand from roommate groups - Modern Unit Features: Units include in-unit washer and dryer, hardwood floors, updated appliances, and private balconies, amenities highly valued by student renters - Large Bedroom Layouts with Private Baths: Many floor plans feature private bathrooms for each bedroom, a preferred configuration in the student housing market - On-Site Parking Availability: The property offers off-street parking for residents, an important amenity for students living near campus Deal Room Access: https://www.marcusmillichap.com/properties/202208/city-view-apartments