150 & 155 Cumberland Court
- 2 Adjoining RM-1 Parcels, 0.41 Acres Each
- $250,000 for Both Lots
- RM-1 Zoning – Up to 16 Beds/Acre
- Water & Sewer Available
- Flanked by Established Multifamily Communities
- 1.5 Mi to Loop 10 | <3 Mi to Downtown Athens
Property Description
This offering includes two adjoining vacant lots at the end of the Cumberland Court cul-de-sac in Athens-Clarke County: 150 and 155 Cumberland Court. Each parcel is 0.41 acres, and the pair is listed together at $250,000. They are two of the last four remaining vacant lots on the street. 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. Both lots are vacant with no existing structures and have water and sewer service available. The two lots at the entrance to the street, 110 and 115 Cumberland Court, are also available as a pair at $250,000. All four lots can be purchased together for $500,000.
Broker Details
NAI Elrod Group 706-553-1000
MLS ID: CM304509366 State License Number: 251606
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $250,000 |
| Lot Size: | 0.82 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout