150 McClung Rd, Athens, GA 30601

This offering includes approximately 34.73 acres of land zoned RM-2, permitting multifamily apartment bedrooms at a density of 24 beds per gross acre. Based on the stated zoning density, the maximum bedroom count is calculated at 833 beds.

Seller deliverables include a land disturbance permit for a proposed road connecting at the intersection of McClung Road and Nease Drive to the rear of the property, as well as approval of a proposed creek crossing by the Army Corps of Engineers, EPD, and other issuing jurisdictions. The seller has also accounted for wetland mitigation fees and stream buffer mitigation fees related to the creek crossing.

Planned infrastructure includes construction of the proposed connecting road and stubbing the road approximately 150 feet past the proposed Dollar Tree property, along with construction of required detention pond improvements for a shared detention pond located on the left side of the Dollar Tree development. Additional completed items include ALTA surveys, subdivision plats, conceptual architectural elevations, geotechnical engineering studies and reports, and wetland and state waters delineation. The surplus dirt is described as located on the backside of the property, intended to support mass grading and reduce the need to import off-site dirt. Additional due diligence documents are available for review upon request.