243 Bray St - Residential LAND FOR SALE


Athens, GA 30601 48,352 SF
$575,000 USD
706-340-0424
243 Bray St, Athens, GA for Sale
$575,000 USD
Residential LAND - FOR SALE
1/25
48,352 SF

243 Bray St
Athens, GA 30601


HIGHLIGHTS

  • Multi-Family Development Opportunity in Athens Georgia.
  • RM-2 Zoning allows up to 24 units to be built.

OVERVIEW

243 Bray St, Athens, GA is where opportunity meets location! This prime piece of real estate was recently rezoned to RM 2 Zoning, offering many possibilities for savvy investors and developers. Situated in the heart of Athens, just a stone's throw away from downtown, this property presents an exceptional opportunity to capitalize on the growth of the Athens area. With RM 2 Zoning in place, this property allows for the development of up to twenty-four(24) units per acre. Whether you envision crafting a residential community or exploring other development ventures, the zoning flexibility opens doors to endless potential with proximity to downtown amenities, including dining, shopping, area hotspots, and of course the University of Georgia. With demand for housing and commercial space on the rise in Athens, this site presents buyers with an investment opportunity. The current owner is planning to lease the property for 10 months starting in August at $2,700 to allow a new buyer cash flow while planning improvements to the site

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/ACRE

$518,014/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

243 Bray Steet RM-2 Zoning

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

1.11 AC

LAND SF

48,352 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

RM-2

APN/PARCEL ID

164A3 A011C

ASK ABOUT THIS PROPERTY

Scott Talley5Market RealtyMore Info
706-340-0424

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Scott Talley5Market RealtyMore Info
706-340-0424

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.