150 The Preserve Dr
Athens, GA 30606
6-Unit Condominium Package in Athens, GA · Multifamily Property For Sale
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6 Units
Property Facts
| No. Units | 6 | Building Size | 104,816 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 2018 |
| Building Class | B | Parking Ratio | 0.02/1,000 SF |
| Lot Size | 13.87 AC | ||
| Zoning | RM-1 - multifamily | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 13.87 AC |
| Building Size | 104,816 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 2018 |
| Parking Ratio | 0.02/1,000 SF |
| Zoning | RM-1 - multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Double Vanities
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Tub/Shower
- Walk-In Closets
- Carpet
- Wi-Fi
- Attic
- Built-In Bookshelves
- Dining Room
- Double Pane Windows
- Family Room
- Office
- Patio
- Smoke Free
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Pool
- Tenant Controlled HVAC
- Trash Pickup - Door to Door
- Wi-Fi
- Public Transportation
- Walk-Up
- Smoke Detector
About 150 THE PRESERVE DR , ATHENS, GA 30606
Six cash-flowing condominium units, side-by-side for easy management in building 1 of one of Athens best rental communities. This package includes units 1B, 1C, 1D, 1E, 1F and 1G. All are leased and have excellent rental history. This is the perfect 1031 exchange package for someone looking for an easy-to-lease and easy-to-manage Athens property with upside and built in equity. Individual units have sold in this same building for $165-167k, so this $150/unit price gives the new owner instant equity. More units are available if buyer wants more. Two notes: rent rates are going up in 2018, and HOA dues should be going down as phase II is built out, creating more bottom line income for new owner. Call or email for details. From downtown Athens, take West Broad Street to right on Mitchell Bridge Road, then right on The Preserve Drive. These 6 units are in the first building on the right. From Atlanta, take Hwy 316 to straight on Epps Bridge Parkway, turn left on Timothy Road, go straight across Atlanta Hwy and road will become Mitchell Bridge Rd. The Preserve Drive will be on the right.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 6 | $1,150 | 1,900 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $117,786 | |
| Land Assessment | $16,002 | Total Assessment | $133,788 |
Property Taxes
