Property Description

Property Description: This offering includes the last four remaining vacant lots on Cumberland Court in Athens-Clarke County. The portfolio consists of 4 individual parcels, each 0.41 acres, listed together at $500,000. 110 and 115 Cumberland Court occupy the two front corners at the streets entrance, while 150 and 155 Cumberland Court sit on the cul-de-sac at the far end. The lots are zoned RM-1, which permits up to 16 beds per acre, and sit between two established multifamily communities: Rolling Ridge Apartments, a 160-unit community on Rolling Ridge Drive, and Kathwood Townhomes, an 80-unit community on Kathwood Drive. All four lots are vacant with no existing structures and have water and sewer service available. Location Description: Cumberland Court is located off Kathwood Drive in Athens-Clarke County, sitting between Rolling Ridge Apartments (160 units) and Kathwood Townhomes (80 units) -- two established multifamily communities that anchor the immediate area. An Athens Transit stop sits at the Kathwood Drive/Cumberland Court intersection. The site is approximately 1.5 miles from Loop 10 and less than 3 miles from downtown Athens, putting it within easy reach of both the highway system and the University of Georgia/downtown core.