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$1,100,000
16 Beds 8 Baths 10806605 MLS
Rare opportunity to acquire a fully leased, 16-bedroom investment portfolio in prime locations near UGA and Downtown Athens! This bulk offering includes four 4-bedroom condos-three in Milledge Place on South Milledge Avenue and one in Steeplechase on Oconee Street. Fully leased through July 31, 2027, the portfolio offers dependable forward income, operating efficiencies and potential tax advantages for qualifying investors using accelerated depreciation or 1031 exchange. Steeplechase is an established 21-unit condominium community ideally located on Oconee Street in Downtown Athens. All 21 condos feature four bedrooms, two baths, on-site parking & in-unit laundry. Its highly walkable location provides convenient access to UGA, downtown dining, shopping and entertainment, as well as the nearby North Oconee River Greenway. Steeplechase also occupies a unique place in Athens history beside the preserved St. Mary's Steeple, the site where R.E.M. played its first show in 1980. This rare combination of location, functional floorplan, parking and cultural significance supports Steeplechase's enduring appeal as an Athens investment property. Steeplechase is surrounded by UGA, The HUB Apartments ($78 Million*), The Mark ($183 Million*), The Rive ($14 Million*) & More. *Value from recent sale or 2026 Tax Assessed value. Milledge Place is an established 74-unit condominium community located on S Milledge Avenue, just outside the Athens Perimeter but close to Five Points, UGA and Downtown Athens. The community features brick exteriors, a mix of two-, three- and four-bedroom floorplans, a swimming pool, ample parking, covered bicycle parking, bus stop at the entrance & sidewalks to Campus & Downtown! UGA's golf course, soccer, softball and new track-and-field facilities, along with the State Botanical Garden of Georgia, are all nearby. Milledge Place offers investors the opportunity to own in an established community with the coveted Milledge Avenue address.

394 Oconee Street, Athens

$230,000
2 Beds 3 Baths 7777088 MLS Steeplechase BLDG.
LOCATION! Top Ranked Schools District, two minutes from Downtown Alpharetta and four Minutes from Avalon. Convenient to dining, parks, entertainment, and 400. This condo has two bedrooms, two and a half bathrooms. Each spacious bedroom come with a full bathroom. Owner has lived here ever since they bought it so they took well care of it. Stainless steel appliances, new paint throughout the house was done in 2021, Luxury Vinyl flooring, and Carpet (everything is only few years old). The kitchen opens up to the living room where you can cozy up to the wood burning fireplace. Formal dining room which can be used as a home office or second living room. Lots of Natural light and you will love spending time on one of the two decks on the back of property (main level and upper level). No rental restrictions! HOA provides water, common area maintenance, including termite treatment, roof, sidings, and decks repairs.

3044 Steeplechase Dr, Alpharetta

$260,000
2 Beds 3 Baths 10754817 MLS
COMPLETELY AND BEAUTIFULLY RENOVATED WITH A NEW KITCHEN, NEW BATHROOMS, LIGHTING AND PAINT! Welcome to your urban oasis in the heart of Alpharetta! This is your opportunity to get into a turnkey Townhouse style Condo in Milton High School at a rarely seen price! This 2 bedroom, 2.5 bathroom condo offers the perfect blend of modern sophistication and comfort. Minutes to all that Downtown Alpharetta and Avalon have to offer and walking distance to Wills Park, this residence provides unparalleled access to Alpharetta's charming city life while being tucked away in a quiet neighborhood. Step inside and be wowed by an open-concept living space. The living and kitchen areas seamlessly flow together, creating an ideal setting for entertaining guests or enjoying cozy nights in by the fireplace. Enjoy morning coffee on the gated back deck or better yet, right off the primary suite. Don't need a formal dining space? It also makes the perfect office or playroom. Have fur babies? You will love that there is no carpet in this unit! The upstairs bedrooms offer a roommate style floor plan and the primary suite has a deck conveniently located off of it. Don't miss the opportunity to make this exceptional condo your new home in one of the hottest North Atlanta Suburbs. Welcome Home!

3042 Steeplechase, Alpharetta

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