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The Oaks

Posted: 2/12/2019
238 Units
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The Oaks

About

About The Oaks

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 238-unit apartment community, The Oaks, located in Athens, Clarke County, Georgia. This asset is situated in the sought-after area of Eastside Athens, characterized by its easy access to essential retail (Publix, Kroger, and plentiful restaurants) as well as University of Georgia’s expanding Eastside campus. The high-barriers Athens market continues to have annual rent growth exceeding 5% and extremely constrained occupancies. Built in 1970/1972, The Oaks is primed for market-supported rent growth, offers proven value-add implementation, and arrives with $3.4M in total capital improvements since 2015.