2815 Riverbend Athens, GA 30605
MULTI_FAMILY - Athens, GA
Property Features for 2815 Riverbend
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 27
- Bathrooms
- 24
- Rooms
- Bathroom 17, Bedroom 15, Bedroom 5, Bathroom 7, Bathroom 16, Bathroom 4, Bedroom 27, Bedroom 9, Bedroom 3, Bedroom 11, Bedroom 21, Bathroom 18, Bedroom 6, Bedroom 8, Bedroom 23, Bedroom 25, Bathroom 23, Bathroom 2, Bathroom 12, Bedroom 19, Bathroom 15, Bedroom 17, Bathroom 6, Bathroom 8, Bathroom 21, Bedroom 10, Bathroom 3, Bedroom 20, Bedroom 7, Bedroom 14, Bedroom 26, Bathroom 5, Bathroom 19, Bathroom 24, Bathroom 20, Bedroom 1, Bedroom 12, Bathroom 11, Bedroom 13, Bedroom 24, Bedroom 4, Bathroom 13, Bathroom 10, Bathroom 9, Bathroom 14, Bedroom 16, Bedroom 18, Bathroom 1, Bathroom 22, Bedroom 2, Bedroom 22
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Standard status
- Pending
- APN
- 181 007B
- Size
- 11,996 SF
- Lot size
- 1.76 Acres
Taxes and HOA fees
- Tax Description
- 181 007B
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2012
- Floors in Building
- 3
- Number of units
- 1
- Flooring type
- Vinyl, Concrete, Carpet, Hardwood
- Building materials
- Brick, Stone
Listing agent Heather Fincher License #375573 (706) 224-5302
Listing office CollegeTown Properties LLC 428 N Milledge Avenue, Athens, GA (706) 850-7740
Listing date Jun 26, 2026
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The properties are located on Riverbend Road in Athens, Georgia, at 2815 Riverbend, Athens, GA 30605. The portfolio is described as being just minutes from the University of Georgia, downtown Athens, shopping, dining, and public transportation, with adjacency to the UGA Golf Course mentioned in the remarks.
For investors and operators seeking a turnkey, scaled acquisition, this package provides a built-in mix of duplex units and a larger single-family-style home within one purchase. The overall layout supports tenant grouping while keeping ownership centralized, and the offering is positioned for buyers who want immediate portfolio breadth rather than adding properties one at a time.
Key Highlights
- Package of (5) income‑producing properties with 27 total bedrooms
- Two duplexes included, each duplex offers 5BR/5BA per side (20 bedrooms total)
- One 6BR/6BA house included with a two‑car garage
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.2k | $18.36 |
| − Vacancy | −$12.1k | −$1.01 |
| EGI | $208.1k | $17.35 |
| − OpEx | −$62.4k | −$5.20 |
| NOI | $145.7k | $12.14 |
