2 Adjoining RM-1 Lots

Investment Overview

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.

Investment Highlights

• 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