1995 Hollis StAthens, GA 30605

Property Details for 1995 Hollis St

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 13-unit multifamily portfolio in Athens, Georgia, priced at $1,460,000. The portfolio comprises a diverse mix of properties, including a single-family home with three bedrooms and 1.5 bathrooms, featuring a carport and fenced yard, accessible from both Lexington Road and Mabry Drive; six duplex units, each with one bedroom and one bathroom, several including carports; and five vacant lots ranging from 0.46 to 0.49 acres. All properties are contiguous and mostly situated on a shared dead-end road, offering convenience and potential for future development. Recent improvements include new roofs installed in 2022, and periodic upgrades have been implemented throughout the portfolio. Many units feature luxury vinyl plank (LVP) flooring. The majority of tenants have long-term occupancy, with most leases operating on a month-to-month basis. The property's strategic location, approximately two miles from downtown Athens and one mile from the Loop 10 interchange, provides excellent access to amenities and transportation. The RS-5 zoning of the vacant lots presents a compelling opportunity for additional single-family development. The portfolio's total net rentable square footage is 8,754 square feet, spread across seven buildings, all single-story structures. The proximity to the Athens Ben Epps Airport further enhances the property's appeal. This portfolio offers a compelling blend of immediate income generation and significant future development potential.

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.945

Longitude

-83.3432

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].