Property Description

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.

Features
: Central, Electric
: Central Air, Electric
: Parking Lot
: Traditional
: In Hall, Other
: Underground Utilities
Appliances
: Electric Water Heater
Address Map
US
GA
Clarke
Athens
30605
Barnett Shoals Road
1390
W84° 39' 11.1''
N33° 55' 53''
From Loop 10, take exit 8, turn right off exit. Take a right on Barnett Shoals, property is on the right (Clearwater Creek)
MLS Addon
CollegeTown Properties LLC
Chase Lawrence
Yes
Yes
$0
Additional Information
2026-03-23
2
https://www.propertypanorama.com/instaview/sav/CL351848
https://www.propertypanorama.com/instaview/sav/CL351848
: Public
Listing Information
Heather Fincher
CM288002757
CM316
CollegeTown Properties LLC
CM288002009
CM316
Other
Active
2026-03-23T21:09:28Z
HiveMLS
: Standard
2026-03-23T13:19:40Z

1390 Barnett Shoals Road

1390 Barnett Shoals Road, Athens, Georgia 30605

64 Bedrooms
64 Bathrooms
25,200 Sqft
4.45 Acre
$5,190,000
Listing ID #CL351848
Basic Details
Property Type : Residential
Listing Type : For Sale
MLS ID : 4b0014c6409622677989c5d9b6c44014
Listing ID : CL351848
Price : $5,190,000
Bedrooms : 64
Bathrooms : 64
Lot Area : 4.45 Acre
Square Footage : 25,200 Sqft
Year Built : 2008
Status : Active
Full Bathrooms : 64
Property Sub Type : Single Family Residence
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