159 E Cloverhurst Ave, Athens, GA 30605

$2,699,500
8
BD
8
BA
5,890
SqFt

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List Price
$2,699,500
MLS#
CL363984
Type
Multifamily
City
Athens
County
Clarke
Subdivision
E Y Whitehead Prop
Bedrooms
8
Bathrooms
8
Living Area
5,890
Year Built
1972

Property Description

Campus Walk is an eight-unit multifamily property in the coveted Golden Triangle of Athens Five Points district, on the south side of the University of Georgia. The single all-brick building holds eight one-bedroom, one-bath flats measuring approximately 670+/- square feet, each with individual heat-pump HVAC, in-unit stacked laundry, and luxury vinyl-tile flooring. Ownership has reinvested continuously since 2015; commercial membrane roof, double-pane windows, HVAC, new parking lot, and refreshed kitchens and baths. These enhancements have yielded an efficient operating-expense ratio near 34% by ownership. The 0.36-acre infill parcel carries 16 on-site spaces, two per unit, which is uncommon in this pocket of Athens.

Additional Information

Zoning
RM-1

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Listing courtesy of Thrive.RealEstate LLC.