1010 Oglethorpe AveAthens, GA 30606

This exceptional 1.85-acre lot in Athens, Georgia, presents a unique multifamily development opportunity. Located within "The Loop," this Planned Development zoning allows for the construction of 22 residential units, including 9 cottages, 2 duplexes, 2 quadplexes, 2 carriage houses, and 1 bungalow, totaling 56 beds. The existing 1917 foursquare home serves as a centerpiece for this proposed "pocket neighborhood" design, featuring two common courtyards. The project envisions fee-simple cottages and townhome units, offering low-maintenance living with convenient access to amenities, job centers, and schools. Situated just a half-mile from the University of Georgia's Health Science Campus and within walking/biking distance of daily necessities, this location offers unparalleled convenience. Utilities are readily available adjacent to the site, simplifying infrastructure installation. The asking price for this exceptional property is $1,825,000. This development offers a compelling investment opportunity due to its prime location, attractive unit mix, and high demand for housing in this area. The property is located at 1010 Oglethorpe Ave, Athens, GA 30606, in Clarke County.