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Mixed-Use Property with Student Housing

175 TRACY ST, Athens, GA 30601

For Sale
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Residential units and retail space combine in a property near the University of Georgia and downtown Athens.

Property SizeContact for details
Days on Market25

Property Features for 175 TRACY ST

General Information

Standard status Active
Class Class A
Property subtype Retail, Multifamily
Occupancy 99%

Additional Details

Gross Income $1,782,000
Mixed-Use Components residential, retail
Multifamily Units 87
Tenant in Place Yes

Building Details

Year Built 2022
Tenancy Multi
Listing Agency: University Holdings
Listed By: Skip Bone · License #3433345
Source: Crexi
Added: Oct 16 Changed: Nov 8 Last Checked: Nov 8 at 2:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of University Holdings

Rey
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Investment Insights

Based on property information with market context.

Built in 2022, this mixed-use property contains 87 residential units with 108 beds and approximately 10,000 SF of commercial space. The residential mix is weighted toward one-bedroom layouts, which account for 76% of units. Interior finishes include LVP flooring, stainless steel appliances, 10-foot ceilings, quartz countertops and wood cabinetry. For AY 26-27, residential occupancy is 99.07%; retail occupancy is 98%.

The property is three-quarters of a mile from the University of Georgia and a half mile from downtown Athens. The surrounding district includes restaurants, retail, offices, fitness businesses and nightlife.

Key Highlights

  • 87 residential units with 108 beds
  • Built in 2022
  • Approximately 10,000 SF of commercial space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ladybird & Co. Permanent ... (Bike/Boat/Book/etc) Store F45 Training West ... Gym & Fitness Center CLOTH & KIND Interior Design Dawg Day Frosé Specialty Food Shop Nighthawks Lounge Bar & Pub

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center Storage Facility Auto Parts Store Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

87
Residential units
99.1%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,327
Businesses Nearby

Demographics for 30601, GA

25,036
Population
11,634
Households
2.2
Avg Household Size
28
Median Age
37%
College-Educated
84%
High-School Grad
23.4 sq mi
ZIP Area
1,070
Density / Sq Mi
$37,357
Median Household Income
$24,639
Median Earnings
$1,198
Median Rent
$213,300
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential units and retail space combine in a property near the University of Georgia and downtown Athens.
Where is this mixed-use property located?
The property is located at 175 TRACY ST Athens, GA.
What is the asking price?
The asking price for this property is $23,000,000.
What are key features of this property?
This property features: 87 residential units with 108 beds; Built in 2022; Approximately 10,000 SF of commercial space
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