350 S Pope St Athens, GA 30605

Building Details

Year Built

1968

Listing office Athens Real Estate Group j***@athensrealestategroup.com Show Phone

Listing date Mar 24, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

The Georgetown Apartment complex, located near downtown Athens, GA, and the UGA campus, features 10 units with 22 beds. The property is grandfathered in for a higher unit density than allowed by current zoning standards. The complex consists of eight 2-bed/2-bath units and two 3-bed/2-bath units. The units have a history of high occupancy, with all but one unit currently tenant-occupied; this unit requires significant rehabilitation. The property includes off-street parking with a mix of open and covered spaces, and a central on-site laundry center. The property is being offered in AS-IS condition, with ownership recognizing the need for extensive renovation to drive the property to its full market potential. There is potential for conversion to upscale condo units for resale without changing density count, given the proximity to UGA and Downtown Athens. The property size is 15525 square feet.

Key Highlights

• Grandfathered status allows for higher unit density than current zoning permits, offering significant investment upside.
• Proximity to UGA and Downtown Athens makes it attractive to students and young professionals.
• High historical occupancy rates demonstrate strong rental demand.

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FAQs

What type of property is this?

Apartment building - 22-bed, 10-unit complex near UGA with high occupancy.

Where is this apartment building located?

The property is located at 350 S Pope St Athens, GA.

What is the asking price?

The asking price for this property is $3,250,000.

What are key features of this property?

This property features: Grandfathered status allows for higher unit density than current zoning permits, offering significant investment upside.; Proximity to UGA and Downtown Athens makes it attractive to students and young professionals.; High historical occupancy rates demonstrate strong rental demand.