Sold
100 Fair Oaks Drive
Athens GA, 30606
$4,200,000
$138.67 per sqft
Sold
71 Beds
56 Baths
30,288 sqft
Residential
Built in 2001
With $32,200 per month current rent and market rents of $37100 this stable newer investment is priced to sale. The Fair Oaks and Rustwood community is about 15 minutes from the University of Georgia and downtown. The portfolio consists of 28 neighboring Duplex units (14 Duplexes). There is no HOA. The property is stable, full and has increasing rents. Would provide an investor an opportunity to own stable rentals near in Athens, GA. The three bedroom units are currently renting at $1350 and the 2br units are renting at $1200 to new tenants. So rents are considerably below market value with lot of upside. Many units have granite counters, SS appliances and LVT flooring. Most HVACas and HWT have been replaced in the last 5-10 years. Most interiors have Luxury Vinyl flooring which holds up for years. The property is positioned for many years of low-cost ownership.
10031028
MLSⓇ ID
March 21, 2022
Listed
August 30, 2023
Updated
Map
100 Fair Oaks Drive
Athens GA, 30606
Interior Features
Bedrooms
71 Beds
Bathrooms
56 Baths
Interior Features
Other
Appliances
Dishwasher, Oven/Range (Combo)
Laundry Description
Laundry Closet
Floor Description
Carpet, Laminate, Other, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Heat Pump
Heating
Yes
Heating Description
Central, Heat Pump
Exterior/Building Features
Lot Features
Level
Architectual Style
Ranch
Roof
Composition
Sewer
Septic Tank
School Information
High School
Clarke Central
Elementary School
Whitehead Road
Other Property Details
Taxes
$2,195
Tax Frequency
Annually
Association Amenities
None
Garage
No
Parking
Parking Pad
View
No
County
Clarke
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
6/20/2023 | Sold | — |
Courtesy of RAC Properties of Athens, Inc., Ellen West,
Listing Contact:
Based on information from Georgia MLS as of 8/30/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 7:38 PM UTC, 8/30/2023
