1390 Barnett Shoals Road, Athens, GA 30605
Local realty services provided by:ERA Strother Real Estate
Listed by: chase lawrence, heather fincher
Office: collegetown properties llc.
MLS#:CL351848
Source:NC_CCAR
Price summary
- Price:$5,190,000
- Price per sq. ft.:$205.95
About this home
This is a rare opportunity to acquire a fully stabilized student housing investment consisting of sixteen (16) four-bedroom, four-bathroom cottages located at 1220–1370 Barnett Shoals Road in Athens, Georgia. Ideally positioned just minutes from the University of Georgia, the property offers exceptional access to campus, making it highly attractive to UGA’s growing student population of over 38,000 students.
The community is currently operating at 100% occupancy and boasts a strong, proven rental track record, providing immediate and reliable cash flow for investors. Each cottage sits on its own fee simple lot, offering added flexibility, long-term exit optionality, and intrinsic value not typically found in traditional student housing developments.
Residents benefit from convenient proximity to a wide array of local shopping, dining, and entertainment options along Barnett Shoals Road and throughout the greater Athens area.
In addition to the existing improvements, the offering includes approximately 4.45 acres of contiguous undeveloped land, presenting a compelling opportunity to expand the amenity package or potentially increase density.
Zoned RM-2, this property represents an attractive opportunity to acquire a well-performing asset with meaningful scale that appeals to a wide range of investors. With established income and a location within one of Athens’ most desirable student housing corridors, assets of this size are increasingly difficult to find. The property’s unique setting is highly marketable, featuring expansive road frontage and a desirable forested natural buffer to the south that enhances resident appeal.
As UGA continues to experience steady enrollment growth and strong student housing demand, the property is well-positioned for sustained performance.
Interested parties may contact the listing broker for detailed financials, the current pre-lease rent roll, and to schedule a tour....
Contact an agent
Home facts
- Year built:2008
- Listing ID #:CL351848
- Added:3 day(s) ago
- Updated:March 23, 2026 at 08:50 PM
Rooms and interior
- Bedrooms:64
- Total bathrooms:64
- Full bathrooms:64
- Living area:25,200 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heating
- Central air:Yes
Structure and exterior
- Year built:2008
- Building area:25,200 sq. ft.
- Lot area:4.45 Acres
- Architectural Style:Traditional
Finances and disclosures
- Price:$5,190,000
- Price per sq. ft.:$205.95
Features and amenities
- Laundry features:In Hall
Parking
- Parking description:Parking Lot
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