480 E Broad St - Apartments FOR SALE


Athens, GA 30601- UGA
$6,500,000 USD
706-338-3639
480 E Broad St, Athens, GA for Sale
$6,500,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

480 E Broad St
Athens, GA 30601
UGA


HIGHLIGHTS

  • National Register of Historic Places
  • 3 street-level retail spaces
  • 12 total apartments
  • Prime downtown location near UGA

OVERVIEW

The property currently features three street-level commercial spaces, nine apartments in the main building, and three additional apartments in the carriage house. It is an ideal opportunity for an investor seeking to creatively reposition a one-of-a-kind asset or one looking to benefit from diversified income streams in one of Georgia’s strongest college markets.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

15

PRICE/UNIT

$433,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Franklin House

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1845

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-D

APN/PARCEL ID

171B3-A-001

ASK ABOUT THIS PROPERTY

Jim PurcellAtlas Real Estate AdvisorsMore Info
706-338-3639

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Jim PurcellAtlas Real Estate AdvisorsMore Info
706-338-3639

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