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$5,190,000
New Listing

1390 Barnett Shoals Road
Athens, GA 30605

For Sale|Single Family Residence|Active
64
Beds
64
Total Baths
64
Full Baths
25,200
SqFt
$206
/SqFt
2008
Built
County:
Clarke
1390 Barnett Shoals Road1390 Barnett Shoals Road1390 Barnett Shoals Road1390 Barnett Shoals Road
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Monthly Payment (Est.)

$23,679
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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.

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Listing Snapshot
Price 
$5,190,000
Days On Site 
0 Days
Bedrooms 
64
Inside Area (SqFt) 
25,200 sqft
Total Baths 
64
Full Baths 
64
Partial Baths 
N/A
Lot Size 
4.45 Acres
Year Built 
2008
MLS® Number 
CL351848
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
15 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Acres 
4.45
Number Of Stories 
2
Parking 
Parking Lot
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Style 
Traditional
Utilities 
Underground Utilities
Water Source 
Public
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central AirElectric
Heating 
CentralElectric
Laundry Features 
In HallOther
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Listing courtesy of Chase Lawrence of CollegeTown Properties LLC



The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-03-24 08:05 AM UTC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright 2026 Hive MLS

Neighborhood & Commute
Source: Walkscore
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