Incredible investment opportunity on Riverbend Rd - 5 units next to UGA's golf course, 100% Leased, generating $151,800 in annual gross rents. Pre-leased for 2017-2018 school year for $153,000 annual gross rents. One house was fully gutted and renovated in 2011 The other two houses (each a duplex) are 5 bedroom houses, totaling 27 bedrooms across the 3 units. Each house is a 4 bedroom, 4.5 bathroom. Sold on a 6.4% CAP rate, NOI of $98,670
Off market
Price Unknown
2811-2823 Riverbend Road, Athens, GA 30605
27beds
--sqft
Multi Family
Built in 2012
-- sqft lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 11:58am
Listed by:
Jill Swope 706-850-7740,
CollegeTown Properties LLC
Bought with:
Matthew Presnell, 245819
Athens Classic Properties, Inc.
Source: Hive MLS,MLS#: CM954372
Originating MLS: Athens Area Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 27
- Bathrooms: 27
- Full bathrooms: 27
Heating
- Central, Forced Air
Cooling
- Heat Pump
Features
- Other
- Flooring: Vinyl
- Basement: Crawl Space
Interior area
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 27
- Parking features: Off Street
Features
- Exterior features: Other
Lot
- Size: 1.76 Acres
Details
- Parcel number: 181 007B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Foundation: Slab
Condition
- Year built: 2012
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Athens
- Subdivision: Fivepoints
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing agreement: Exclusive Right To Sell