Multifamily Investing - The Mill District - Class A Asset, Class C Returns
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MTN Investment Group is pleased to present The Mill District (The Mill).
This 87-unit, 108-bed, multifamily mixed-use asset is located in Athens, GA, home of the University of Georgia. The Mill is a stabilized property which boasts upscale residences with vibrant commercial space at 100% residential occupancy and 100% preleased, with 11% rent growth for ’23-’24.
This brand new community is nestled adjacent to the Boulevard Historic District, less than half a mile from downtown Athens, GA. Strong market fundamentals with comparables well above The Mill’s average will drive sizable rent growth as well as other value add opportunities in the years to come.
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