Athens, AL Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Athens, Alabama Market population: 118K. Explore income-producing properties with verified cap rates and operating...
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10 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Athens GA Properties: 0.0000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Athens GA
Common questions from investors exploring commercial real estate in Athens GA.
What's the overall investment outlook for Athens-Clarke County, considering its demographic and economic indicators?
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The 31.5% poverty rate combined with an 85.7% health insurance coverage rate suggests a challenging yet stable market, while the $32,853 median household income and 19-minute average commute time indicate a relatively affordable and convenient location for renters, with top industries like Construction and Public Administration driving local employment.
How does the city's ethnic diversity and industry mix impact market demand for real estate investors?
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The city's diverse population, comprising 37.2% White, 32.8% White Non-Hispanic, and 17.2% Black residents, contributes to a vibrant market, and the presence of top industries like Construction, Public Administration, and Wholesale Trade suggests a strong demand for housing, particularly for workers in these sectors, with a relatively high median property value of $156,700.
What are the implications of the city's poverty rate and health insurance coverage for tenant quality and rental yields?
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The 31.5% poverty rate may pose challenges for tenant quality, but the 85.7% health insurance coverage rate and $32,853 median household income suggest a working-class market with some employment stability, which can contribute to relatively stable rental yields, especially considering the 19-minute average commute time and 40% homeownership rate.
How do the city's commute times, health insurance coverage, and industry mix contribute to market stability for real estate investors?
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The 19-minute average commute time, 85.7% health insurance coverage rate, and top industries like Construction and Public Administration indicate a relatively stable market, with convenient access to employment opportunities and a social safety net, which can contribute to lower vacancy rates and more reliable rental income for investors, despite the challenges posed by the 31.5% poverty rate.
What's the potential for long-term appreciation in property values, given the city's demographic and economic trends?
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The city's median property value of $156,700, combined with its 40% homeownership rate, 19-minute average commute time, and top industries like Construction and Public Administration, suggests potential for long-term appreciation, particularly if the city's poverty rate and health insurance coverage rate continue to stabilize, and the local economy continues to diversify and grow, driven by its diverse population and industry mix.
Athens GA Real Estate & City Facts
Key facts and real estate information about Athens GA.
What are some of the best neighborhoods to live in Athens?
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Some of the best neighborhoods to live in Athens include Five Points, Normaltown, Downtown Athens, South Athens, and the Boulevard/Broad Street Area. These neighborhoods offer a mix of historic homes, trendy bars and restaurants, and easy access to the University of Georgia. For example, Five Points is known for its charming homes and family-friendly atmosphere, while Normaltown is a popular spot for young professionals and students. Downtown Athens is great for those who want to be in the heart of the action, with plenty of restaurants, bars, and music venues to choose from.
What are some fun things to do in Athens?
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There are plenty of fun things to do in Athens, including visiting the State Botanical Garden of Georgia, exploring the Georgia Museum of Art, and catching a show at one of the many music venues in town. You can also take a stroll through the beautiful parks and trails, such as Sandy Creek Park or the Oconee River Greenway Trail. If you're looking for something more low-key, you can grab a bite to eat at one of the many great restaurants in town, like Mama's Boy or The National. And of course, no trip to Athens would be complete without a visit to the University of Georgia campus, where you can check out the beautiful architecture and historic landmarks like the Old College Building.
What is the food scene like in Athens?
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The food scene in Athens is thriving, with a wide range of options to suit every taste and budget. From trendy restaurants like The National and Seabear Oyster Bar, to classic Athens institutions like Mama's Boy and Last Resort Grill, there's something for everyone. There are also plenty of great food trucks and cafes, like Bruxie and Ben & Jerry's Scoop Shop, where you can grab a quick bite on the go. And if you're looking for something a little more adventurous, you can try one of the many international restaurants in town, like Puma Yu's or Donderos' Kitchen.
What are the pros and cons of living in Athens?
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One of the biggest pros of living in Athens is the vibrant music and arts scene, with plenty of opportunities to see live music and check out local art galleries. The town also has a great sense of community, with many residents who are passionate about supporting local businesses and causes. However, one of the cons of living in Athens is the traffic, which can be heavy at times, especially during football season. Additionally, the summer heat and humidity can be intense, and some areas of town can be a bit rough around the edges. Overall, though, Athens is a great place to live, with a unique blend of small-town charm and big-city amenities.
Is Athens a good place to live?
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Overall, Athens is a great place to live, with a unique blend of small-town charm and big-city amenities. The town has a vibrant music and arts scene, a strong sense of community, and plenty of opportunities to get involved and make a difference. While there are some drawbacks, like traffic and summer heat, the pros definitely outweigh the cons. Whether you're a student, a young professional, or a family, Athens has something to offer, from trendy neighborhoods and restaurants to beautiful parks and outdoor spaces. So if you're thinking of making the move to Athens, I would definitely say go for it - you won't be disappointed!
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Athens GA Commercial Property: $32,853
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
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⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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