Build-to-Rent | Manufactured Home Development for Seniors 55+ | Athens, GA

Highlights

• ± 8.47-acre landsite
• Located in a prime university town of Athens, GA
• Zoned Commercial Rural (CR) with approved uses for Class A Manufactured Homes (P)
• Located in a fast commercially growing area of Athens in Clarke County
• Potential Co-Living for Seniors 55+
• Potential Owner Financing (Land Contract) with 10% downpayment

Description

A build-to-rent “affordable” Manufactured Home community development for Seniors 55+ in a prime university town on ± 8.47 acres consisting of forty single family villas (± 1,200 SF to 1,500 SF) three bedroom/two bath units, with a ± 3,000 SF activity Center and two Pickleball Courts. The project is situated on a ± 8.47-acre landsite zoned as Commercial Rural (CR) with approved uses for Class A Manufactured Homes (P).

The development has access to all utilities with a planned wastewater treatment facility saving on county sewer connection fees. The property is located in a fast commercially growing area of Athens in Clarke County.

A senior housing manufactured home community development near the University of Georgia in Athens on ± 8.47 acres consisting of forty (40) single family manufactured homes (± 1,200 SF to 1,500 SF) three bedroom/two bath units, with a ± 3,000 SF activity Center and two Pickleball Courts. The land site is zoned as Commercial Rural (CR) with approved uses for Class A Manufactured Homes (P). Qualified HUBZone!


The development has access to all utilities with a planned wastewater treatment facility saving on county sewer connection fees. The Property is in a fast commercially growing area of Athens in Clarke County with the highest percentage of people over 65 years of age in the Athens-Clarke area. Athens has been ranked as one of the Top 25 retirement destinations by Forbes Magazine and is one of the top college towns in America. Athens MSA has a 217,331 population.


There is a new Kroger marketplace along with other expanding business moving to the area. Located on Harve Mathis Rd between Hwy 29 and Hwy 72. It is approximately fifteen-minute drive time to downtown Athens. University of Georgia is 6.9 miles away and Piedmont Regional 8 miles away with a Piedmont Urgent Care Center in the vicinity.


Nearby attractions: Athens Christian School, Athens Technical College, Georgia Department of Veteran Service, Kroger Marketplace, TC Village Shops (under construction next to Kroger Market), Piedmont Urgent Care, Crossroads Church, and Faith Temple Church of God.
utilities available except for sewer. Planned private sewer system.


PROPERTY HIGHLIGHTS:
- Median Household Income 50+: $40,192
- Average Home Values: $221,740
- Average Net worth
- Age 55 to 64: $498,037
- Age 65 to 74: $748,869
- Age 75+: $493,898

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