Barnett Shoals Road Multi-Family Units 115 Barnett Shoals Rd 5 Unit Apartment Building $1,125,000 ($225,000/Unit) 3.76% Cap Rate Athens, GA 30605

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.