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Fully Leased 7.31% cap in Athens, GA

183-203 Paradise Blvd., Athens, GA , 30607
For Sale

Property Details

  • Price: $2,400,000
  • Property Type: Office, Industrial
  • Availability: Available
  • Transaction Type: For Sale
  • Cap Rate: 7.31%
  • Lot Size: 6.85 AC
  • Sale Type: Investment
  • Year Built: 1988
  • Building Class: C
  • No. Stories: 1
  • Tenancy: Multi Tenant
  • Zoning Description: I-Industrial
  • Units: 2
  • Available SF: 22,800 SF

Property Description

Rare opportunity to acquire a fully leased, income-producing commercial property portfolio consisting of two buildings totaling 22,800 square feet and a separate parcel providing dedicated parking and outdoor storage. Totalling approximately 6.85 acres, the property is anchored by a long-term, state-funded tenant, providing stable cash flow.

Built in 1988, the two buildings—measuring 10,000 SF and 12,800 SF respectively—are fully occupied by a strong tenant mix, including the Georgia Department of Public Health, All American Plumbing, and Access Point of Georgia. These tenants offer a combination of government-backed stability and established local service providers

Investment Highlights

  • Fully leased two-building portfolio totaling 22,800 SF
  • Long-term state-funded tenant—Georgia Department of Public Health
  • Diverse tenant mix including established local service providers
  • 6.85 acres with parking and outdoor storage
  • Built in 1988, well-maintained with stable occupancy history
  • Strong, predictable cash flow

With a sale price of $2,400,000 and a 7.31% capitalization rate, this investment delivers predictable income and long-term security.

Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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