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Royston Townhouses 135 Spring St 25 Unit Apartment Building $1,500,000 ($60,000/Unit) Royston, GA 30662
Investment Highlights
- 25-unit multifamily community located in Royston, GA.
- Convenient access to Athens, GA, and major educational institutions.
- Positioned within Franklin County School District.
- Built in 1983 with two-story townhouse-style apartments.
- Located near parks, schools, and local amenities.
- Strong potential for stable occupancy in a growing regional market.
Executive Summary
Royston Townhouses offers a well-located multifamily community in the heart of Royston, Georgia. Situated at 135 Spring Street, this property provides convenient access to local amenities, schools, and major routes, making it an attractive option for residents seeking a balance of comfort and accessibility.
The community consists of 25 units in a two-story configuration, originally built in 1983. It is positioned within Franklin County and benefits from proximity to educational institutions such as Athens Technical College, Piedmont College, and the University of Georgia, all within a short drive. The property is also near local parks and recreational areas, including Victoria Bryant State Park.
Royston Townhouses is served by the Franklin County School District and offers easy access to commuter routes, with Toccoa Amtrak Station approximately 30 miles away. The area is car-dependent, with a Walk Score of 22, but provides a quiet residential setting ideal for long-term tenants.
The community consists of 25 units in a two-story configuration, originally built in 1983. It is positioned within Franklin County and benefits from proximity to educational institutions such as Athens Technical College, Piedmont College, and the University of Georgia, all within a short drive. The property is also near local parks and recreational areas, including Victoria Bryant State Park.
Royston Townhouses is served by the Franklin County School District and offers easy access to commuter routes, with Toccoa Amtrak Station approximately 30 miles away. The area is car-dependent, with a Walk Score of 22, but provides a quiet residential setting ideal for long-term tenants.
Property Facts
| Price | $1,500,000 | Building Class | C |
| Price Per Unit | $60,000 | Lot Size | 2.44 AC |
| Sale Type | Investment | Building Size | 25,000 SF |
| No. Units | 25 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | Parking Ratio | 1.32/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | COMMERCIAL - Commercial (NEC) | ||
| Price | $1,500,000 |
| Price Per Unit | $60,000 |
| Sale Type | Investment |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.44 AC |
| Building Size | 25,000 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | COMMERCIAL - Commercial (NEC) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 25 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R007-050-A | Improvements Assessment | $441,089 |
| Land Assessment | $9,760 | Total Assessment | $450,849 |
Property Taxes
Parcel Number
R007-050-A
Land Assessment
$9,760
Improvements Assessment
$441,089
Total Assessment
$450,849
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Royston Townhouses | 135 Spring St
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