115 Barnett Shoals Rd - Apartments FOR SALE


Athens, GA 30605- Eastside Athens
$1,125,000 USD
706-354-8232
115 Barnett Shoals Rd, Athens, GA for Sale
$1,125,000 USD
Apartments - FOR SALE
1/6
null | 3.76% Cap Rate

115 Barnett Shoals Rd
Athens, GA 30605
Eastside Athens


HIGHLIGHTS

  • Central location
  • Easy access to UGA Campus and Athens Perimeter
  • Private layout

OVERVIEW

This multi-family property at 115 Barnett Shoals Road offers a rare, high-density investment opportunity on 1.53 acres in the heart of East Athens. The property consists of three single-family homes and one duplex, providing a versatile mix of rental units ideal for capturing the robust student and professional housing demand near the University of Georgia. The units have been in the same family for 50+ years and owner maintained and managed. UGA & Downtown Proximity: Located just 6 minutes (approx. 2.9 miles) from the University of Georgia campus and the vibrant dining and nightlife of downtown Athens. Within a short drive to major retailers like Publix, Kroger, and Walmart and walking distance to RaceTrac, Cafe Racer and the Firefly Trail. Situated directly on the Athens Transit bus line, providing easy, car-free access for students and professionals across the city. The property is located near major new residential developments like The Shoals, signaling continued appreciation and investment in the immediate area. The units include a 3 bedroom, 1 bath SFR, two 2 bedroom, 1 bath SFRs and a duplex with 4 bedrooms and 3 baths on either side. Total unit count is 5 and total bedroom count is 15 beds.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

5

PRICE/UNIT

$225,000

CAP RATE

3.76%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Barnett Shoals Road Multi-Family Units

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1996

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

C-G

APN/PARCEL ID

174B1-B-013

ASK ABOUT THIS PROPERTY

Graham GrosecloseBoswell PropertiesMore Info
706-354-8232

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Graham GrosecloseBoswell PropertiesMore Info
706-354-8232

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