235 Sycamore Dr Athens, GA 30606
New
112-unit multifamily community in Athens, Georgia. 83% renovated.
Lot size:
9.38 AcresProperty Features for 235 Sycamore Dr
General Information
- Standard status
- Active
- Zoning
- Athens-Clarke
- Lot size
- 9.38 Acres
Building Details
- Year built
- 1965
Source:
Crexi
Listing Agency: GREA Listing Agent: Mack Leath
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Skye at Athens Multifamily Community
Skye at Athens is a 112-unit garden-style multifamily community located at 235 Sycamore Drive in Athens, Georgia. As of February 2026, the property is 91% occupied and generating $124,000 per month. 83% of the units have been renovated. Collections have grown steadily over the last year as ownership has systematically renovated vacant units. The renovation program has been executed at a consistent scope across 92 of 112 units, with 19 classic units remaining. In-place rents trail current asking rents by 6.8%, with stabilized peers in the submarket operating meaningfully above Skye's current levels across all unit types. The property presents an opportunity to step into a stabilizing asset with a documented income trajectory, a defined path to completing the renovation program, and a sub-market with durable demand and limited new supply.
Location Intelligence
Current Use by Public Records
The Batcave
Nightclub
epic pixels gallery
Art Gallery
Bri's Luxury Things
Clothing & Fashion Store
Flats @ 235 Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Clarke
- State
- Georgia
- Longitude
- -83.4236712
- Latitude
- 33.9438983
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 112-unit multifamily community in Athens, Georgia. 83% renovated.
Where is this apartment building located?
The property is located at 235 Sycamore Dr Athens, GA.
What are key features of this property?
This property features: - 91% Occupancy Rate indicates strong tenant demand and immediate cash flow.; - 83% of units renovated, demonstrating significant capital improvements and potential for increased rental income.; - $124,000 per month current income generation.
