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150 the Preserve Drive
Athens, GA 30606
MLS# 958409 ID: 47631896
28 BR • 42 BA
$2,000,000
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Property Description
Other Multi-Family, Craftsman,Traditional - Athens, GA 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, 1G, 8B, 8C, 8D, 8E, 8F, 8G, 8H, 8I. 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 these same buildings 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.
Property Features
Status
Last Updated November 13, 2017
Market Status Available
Description
Property Type Multi Family
Year Built 2006
Bedrooms 28
Bathrooms 28 full / 14 half
Appliances
Dishwasher
Microwave
Refrigerator
Washer
Dryer
Oven
Range
Building Features
Cable/Satellite TV Cable Ready
Heating System Fireplace
Stories 2.0
Central Air
Heating Fuel Electric
Exterior Features
Exterior Construction Brick
Patio
Pool
Interior Features
Alarm System
Ceiling Fan
Fireplace
Floors Carpet; Tile; Wood
Listing Features
Property Type MultiFamily; Other Multi-Family
Room Details
Entryway / Foyer
Living Room
Dining Room
Kitchen
Family Room
Additional Areas Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Half Bath; Half Bath; Half Bath; Half Bath; Half Bath; Half Bath; Half Bath; Half Bath; Half Bath; H
Laundry Room
Other Features
Attic,Wired for High Tech,Timothy Road,Clarke,Clarke Central
Clarke Central,Clarke,Timothy Road,Attic,Wired for High Tech
Clarke Central,Clarke,Timothy Road,Wired for High Tech,Attic
Clarke,Clarke Central,Attic,Wired for High Tech,Timothy Road
Clarke,Clarke Central,Wired for High Tech,Attic,Timothy Road
Timothy Road,Attic,Wired for High Tech,Clarke Central,Clarke
Timothy Road,Wired for High Tech,Attic,Clarke Central,Clarke
Wired for High Tech,Attic,Timothy Road,Clarke,Clarke Central
Offered By:
Matt Thomas
Atlas Real Estate Advisors
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Clarke County School District Preschool-5 Public
Preschool-12 Private
Preschool-8 Private
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Archdiocese Of Atlanta Preschool-8 Catholic
Clarke County School District Preschool-5 Public
Preschool-3 Private
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
School District Grades Type
Clarke County School District Preschool-5 Public
Preschool-12 Private
Preschool-8 Private
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Archdiocese Of Atlanta Preschool-8 Catholic
Clarke County School District Preschool-5 Public
Preschool-3 Private
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
School District Grades Type
Clarke County School District Preschool-5 Public
Preschool-12 Private
Preschool-8 Private
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Northeast Georgia Resa K-12 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Archdiocese Of Atlanta Preschool-8 Catholic
Clarke County School District Preschool-5 Public
Preschool-3 Private
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
Clarke County School District Preschool-5 Public
School District Grades Type
Preschool-12 Private
Preschool-8 Private
Clarke County School District 6-8 Public
Clarke County School District 6-8 Public
Clarke County School District 6-8 Public
Northeast Georgia Resa K-12 Public
Clarke County School District 6-8 Public
Archdiocese Of Atlanta Preschool-8 Catholic
School District Grades Type
Preschool-12 Private
Clarke County School District 9-12 Public
Clarke County School District 9-12 Public
Clarke County School District 10-12 Public
Northeast Georgia Resa K-12 Public
Archdiocese Of Atlanta 9-12 Catholic
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 2505 Broad, Athens, Ga 30606 $60,000
2 2505 Broad, Athens, Ga 30606 $59,400
3 2505 Broad, Athens, Ga 30606 $60,000
4 385 Old Epps Bridge, Athens, Ga 30606 2 $86,000
5 385 Old Epps Bridge, Athens, Ga 30606 2 $88,000
6 385 Old Epps Bridge, Athens, Ga 30606 2 $90,000
7 195 Sycamore, Athens, Ga 30606 1 $45,000
8 141 Tamara, Athens, Ga 30606 2 $92,000
9 232 Epps Bridge, Athens, Ga 30606 2 2 $75,000
10 232 Epps Bridge, Athens, Ga 30606 2 2 $75,752
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 42,015
Population Growth 16%
Population Density 1378
Median Age 29.4
Median Income $43,134
Households 18,301
Weather
Jan Low 35.23
Jan High 58.26
July Low 69.08
July High 92.16
Annual Precipitation (in.) 54.83
Weather Risk Index* 147
*Index score (100 = National Average) that represents the total risk
Athens Demographics
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Athens Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by Athens Area Association of Realtors

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