Rare opportunity to acquire a stabilized multifamily building in the heart of Five Points, just one block from the UGA campus in the historic Bloomfield District.
This 4-unit, 2BR/1BA quadruplex is turnkey and has been 100% leased since 2010. Its prime location--within walking distance of UGA Campus, Sanford Stadium, the UGA Coliseum, Five Points, and Downtown Athens--makes this blue-chip property an exceptional investment, with the strongest appreciation potential of any submarket.
As one of only five purpose-built quadruplexes in the "Golden Triangle," Athens' most coveted rental area, this property stands out.
Have kids attending UGA? Let the rents cover the mortgage and use a spare bedroom for travel weekends or game days--no need to spend $500/night on hotels. The building offers free on-site parking, is smoke-free and pet-free, and has no carpet. All tenants have parental guarantees, and 100% are graduate students, UGA employees, or faculty members--creating strong multi-year leasing potential.
Owner financing is available with 25% down at a 3.95% fixed interest rate, making this an attractive acquisition for most investors. This property is a one-of-a-kind, popular rental or future condo conversion opportunity.
Showings by appointment only. Do not disturb tenants.