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List Price $359,000
Units 2
Price / Unit $179,500

High-demand multifamily opportunity in Athens, GA

Properties with strong cash flow potential in this market typically receive multiple offers quickly.

192 Sunny Hills Drive Athens, GA 30601
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Only 2.8 miles from Sanford Stadium. My loss could be your gain! This duplex, a proven cash cow since being listed on Airbnb in 2023, is now available due to a new short-term rental (STR) ban. The property can only be rented for 31+ days unless the owner occupies one unit or places a tenant in one unit to apply for an STR permit. This makes it an excellent opportunity for an investor who wants to live in one unit while generating cash flow from the other. Have a student attending UGA? Have them live in one side and cashflow the other. Each side is 2 bedrooms and 1.5 baths. In the 23 months since listing one unit on Airbnb, it has averaged over $2,600 per month in bookings, with peaks exceeding $5,000 per month during football season. If you're a GA fan you know this season’s home schedule is the strongest it's been in years. Any current bookings would transfer with sale. For the right price, I will include all furnishings. Serious inquiries only, with a preference for cash buyers.
Investment Context for Athens Multifamily:
  • Located in the Athens, GA area with access to regional employment centers
  • Typical value-add potential through professional management and improvements
  • Multifamily rental demand varies by submarket — local verification recommended
  • Cash flow performance depends on occupancy, expenses, and market conditions
PROFESSIONAL INVESTMENT ANALYSIS

Modeled using FMLS data + Atlanta market benchmarks

Price per Unit $179,500 Verified
Est. Cap Rate 📊 Cap Rate Modeled
Est. Gross Income 📊 Gross Modeled
Est. NOI Estimated
Est. Year 1 Cash Flow after estimated debt service 📊 Cash Flow Modeled
✅ Confidence scores included ✅ Latest FMLS data ✅ Transparent modeling
CASH FLOW PROJECTION TOOL

Adjust assumptions to see personalized 5-year projections (Using market-based estimate)

Year 1 NOI $0
Year 1 Cash Flow $0
Year 1 Cash-on-Cash 0%
Est. Year 5 Property Value $0
Total 5-Year Cash Flow $0
* These are estimates based on available listing data and Atlanta metro market benchmarks. Detailed seller financials were not provided, so NOI was modeled conservatively. Always verify all numbers independently and consult your own professionals before making investment decisions.
SIMILAR INVESTMENT OPPORTUNITIES

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IMPORTANT INVESTMENT DISCLAIMER
Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using Atlanta metro market benchmarks combined with available FMLS listing data.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7647385 • Listing courtesy of Simply List, Celine Higgins Evans • 470-309-1545

IDX Information Provided by Jeff Crowe • jeffcrowe@c21theavenues.com
FMLS • Updated Daily • Investor Analyzed