Built-to-Rent 55+ Senior Cottage Development
A build-to-rent “affordable” senior housing community development in a prime University town on 8.466 acres /- of forty (40) single family villas on an 8.466-acre landsite zoned as Commercial Rural (CR) with approved uses for Class A Manufactured Homes (P), and single-family dwellings with special use permit (S).
Forbes Magazine has rated Athens, GA on the top 25 retirement destinations in the US. Athens is home to the University of Georgia. The property is Qualified HUBzone Census Tract. The development has access to all utilities with its own wastewater treatment facility saving on county sewer connection fees. Property is in a fast commercially growing area of Athens in Clarke County.
Financials (USD)
Asking Price $1,200,000
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Yes
Principals only? Yes
Franchise? No
Management will stay? No
Relocatable? No
Real Estate? Yes
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