50 Springdale St - Multi-Family FOR SALE


Athens, GA 30605- Milledge
$1,549,500 USD
706-340-6066
50 Springdale St, Athens, GA for Sale
$1,549,500 USD
Multi-Family - FOR SALE
1/26
null | Request Cap Rate

50 Springdale St
Athens, GA 30605
Milledge


HIGHLIGHTS

  • Stabilized quadruplex in Bloomfield District
  • 4 units, 2BR/1BA each, 100% leased since 2010
  • One block from UGA, in Five Points & close to Downtown
  • Strongest Appreciation in Athens
  • Stable tenant base of grad students & faculty
  • Owner financing available at 3.95% interest rate

OVERVIEW

Property Description: Invest in the “Golden Triangle”- Athens’ most desirable student neighborhood, nestled between Five Points and UGA. This is a rare multifamily opportunity in Athens’ premier rental location. This all-brick 4-unit, 2BR/1BA quadruplex sits just one block from the UGA campus in the historic Bloomfield District. Built in the 1960s with numerous upgrades—including new double-pane windows, updated kitchens and baths, durable floors, stack washer/dryers, dishwashers, and new central HVAC—the property is fully electric, carpet-free, and low-maintenance. Turnkey and 100% leased since 2010, the building enjoys consistent demand. Tenants, primarily graduate students, UGA employees, and faculty, sign with parental guarantees and often commit to multi-year leases. Free on-site parking is included, with two additional street permits and overflow access at Campus Walk. Minutes to UGA, Sanford Stadium, Five Points, and Downtown Athens, this “Golden Triangle” location offers unmatched stability and upside. Owner financing available with 25% down at 3.95% fixed. Showings by appointment only. Do not disturb tenants. Location Description: Situated in the highly desirable Bloomfield Historic District, this property is just one block from the University of Georgia campus and close to the heart of Athens’ Five Points community. Five Points offers a vibrant mix of local shops, dining, and everyday conveniences. Residents enjoy easy access to Sanford Stadium, the UGA Coliseum, and Downtown Athens. This central location in Athens’ “Golden Triangle” is one of the most sought-after rental areas, consistently attracting students, graduate professionals, faculty, and UGA staff.

FOR SALE DETAILS

PRICE

$1,549,500 USD

PRICE/SF

$531 USD /SF

# OF UNITS

4

PRICE/UNIT

$387,375

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

UGA Multifamily – Owner Financing Available

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

RS-8

APN/PARCEL ID

171C3 G020

ASK ABOUT THIS PROPERTY

Daniel BennettNAI Elrod GroupMore Info
706-340-6066

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Daniel BennettNAI Elrod GroupMore Info
706-340-6066

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