254 E Clayton St Unit 4-8 Athens, GA 30601

This is a rare opportunity to own investment property in the heart of downtown Athens, Georgia! These five apartments are located on the second floor above street level in a historic building at 254 E. Clayton Street. Residents are able to literally walk out of their door and onto the sidewalk downtown convenient to the University of Georgia, bars, fine dining, shopping and so much more. The purchase includes a total of five apartments ranging in size from 2 - 4 bedrooms each. Three of the five units have been completely renovated including new hardwood floors, appliances, counters, cabinets and fixtures. The property has maintained 100% occupancy with absolutely no vacancy or even delinquency during the current owner's tenure. Rentals are offered for pre-lease early in the rental year starting in October and pre-lease almost immediately for the following August on 12 month term leases backed by parental guarantees and a deposit equal to one month's rent. There could not be a more ideal location than this building situated midway down Clayton overlooking downtown. Three of the units as well as the common corridor offer impressive views of downtown and the Athens skyline. All units are currently 100% pre-leased. Contact listing agent for operating pro forma.