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280 Harve Mathis Rd. - Land Development | Affordable Senior Housing 8.47 Acres of Commercial Land Offered at $1,250,000 in Athens, GA 30601

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Investment Highlights

±8.47-acre landsite
Zoned Commercial Rural (CR) with approved uses for Class A Manufactured Homes (P)
Forbes Magazine has ranked Athens, Georgia as a top retirement destination

Located in a prime university town of Athens, GA
Located in a fast commercially growing area of Athens in Clarke County

Executive Summary

A build-to-rent “affordable” senior housing community development in a prime university town on ±8.47-acres consisting of forty single family villas (±1,200 SF to 1,500 SF) three bedroom/two bath units, with a ±3,000 SF activity Center and two Pickleball Courts. The project is situated on a ±8.47-acre landsite zoned as Commercial Rural (CR) with approved uses for Class A Manufactured Homes (P).

The development has access to all utilities with a planned wastewater treatment facility saving on county sewer connection fees. The property is located in a fast commercially growing area of Athens in Clarke County.

Offering Memorandum

Qualified HubZone

Site Plan

Strategic Acquisition & Development Opportunity

Direct Cap Development Analysis

CostarExport Land Comps - 15 mile Radius June 30 2025

CR ZONING

Trade Area Report

Land Development Feasibility & Cost Analysis for 8.47 Acres in Athens, Georgia

Traffic Count Map

Property Facts

Price	$1,250,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Apartment Units Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Manufactured Homes or Mobile Home Park
No. Lots	1	Total Lot Size	8.47 AC
Property Type	Land
Zoning	C-R - Zoned Commercial Rural (CR) with approved uses for Class A Manufactured Homes (P), as well as other uses including Personal Care Homes, Hospital, etc.

Price	$1,250,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Apartment Units Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Manufactured Homes or Mobile Home Park
Total Lot Size	8.47 AC
Zoning	C-R - Zoned Commercial Rural (CR) with approved uses for Class A Manufactured Homes (P), as well as other uses including Personal Care Homes, Hospital, etc.

1 Lot Available

Lot

Price	$1,250,000	Lot Size	8.47 AC
Price Per AC	$147,579.69

Price	$1,250,000
Price Per AC	$147,579.69
Lot Size	8.47 AC

Located 7 miles from the University of Georgia campus in Athens. Wooded, leveled ± 8.47 acres zoned Commercial Rural (CR) with approved uses by right for Class A Manufactured Homes (P). Qualified HUBZone.