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Urban Lofts - 118 Ruth Drive #310 & #610 2 Flex Condos Offered at $1,612,610 CAD in Athens, GA



Investment Highlights
- Prime UGA Location
- Spacious, Flexible Layouts
- Outdoor Living & Entertaining
- Strong Rental Income
- High-End Interior Features
Executive Summary
Exceptional investment opportunity featuring two spacious, well-maintained condos in one of Athens’ most desirable UGA-area communities, offering strong and stable rental income. Both residences showcase soaring ceilings, abundant natural light, and oversized two-car garages, with thoughtfully designed layouts ideal for comfortable living and long-term tenancy.
Unit 310: 4 bedrooms (+ possible 5th) | 4 bathrooms | 3,003 sq ft
Unit 610: 4 bedrooms | 3 bathrooms | 2,137 sq ft
Each unit features an open-concept main living level with bamboo flooring throughout the living areas, complemented by well-appointed kitchens with granite countertops, tile backsplashes, pantry storage, stainless steel appliances, and ample cabinetry. Both homes offer counter seating as well as dedicated dining spaces, creating a functional and inviting environment. A bedroom with an ensuite bath is conveniently located on the main level in each unit.
Upstairs, both residences include three additional bedrooms and two full baths, providing generous accommodations. One unit features a spacious primary suite with a soaking tub, glass-enclosed shower, dual vanities, and updated cabinetry. Interior mezzanine spaces in both units add flexibility—ideal for home offices, study areas, lounges, or additional gathering space, with one featuring a built-in coffee bar.
Outdoor living is a standout feature across both properties, including a combination of large decks, covered balconies, and a private brick courtyard offering both covered and uncovered spaces. These areas provide excellent options for relaxing or entertaining.
One unit also includes a finished basement level with exposed brick, high ceilings, and a full bath, offering exceptional versatility as a fifth bedroom, guest suite, or additional living space.
Ideally located directly across from the Firefly Trail, residents enjoy easy access to Dudley Park and Downtown Athens, with the UGA Arch just one mile away.
Both units are currently leased ($7,800.00 combined) with renewal agreements in place through July 2027, that will generate a combined rental income of $8,020 per month, making this a rare opportunity for investors seeking immediate cash flow in a prime location.
Unit 310: 4 bedrooms (+ possible 5th) | 4 bathrooms | 3,003 sq ft
Unit 610: 4 bedrooms | 3 bathrooms | 2,137 sq ft
Each unit features an open-concept main living level with bamboo flooring throughout the living areas, complemented by well-appointed kitchens with granite countertops, tile backsplashes, pantry storage, stainless steel appliances, and ample cabinetry. Both homes offer counter seating as well as dedicated dining spaces, creating a functional and inviting environment. A bedroom with an ensuite bath is conveniently located on the main level in each unit.
Upstairs, both residences include three additional bedrooms and two full baths, providing generous accommodations. One unit features a spacious primary suite with a soaking tub, glass-enclosed shower, dual vanities, and updated cabinetry. Interior mezzanine spaces in both units add flexibility—ideal for home offices, study areas, lounges, or additional gathering space, with one featuring a built-in coffee bar.
Outdoor living is a standout feature across both properties, including a combination of large decks, covered balconies, and a private brick courtyard offering both covered and uncovered spaces. These areas provide excellent options for relaxing or entertaining.
One unit also includes a finished basement level with exposed brick, high ceilings, and a full bath, offering exceptional versatility as a fifth bedroom, guest suite, or additional living space.
Ideally located directly across from the Firefly Trail, residents enjoy easy access to Dudley Park and Downtown Athens, with the UGA Arch just one mile away.
Both units are currently leased ($7,800.00 combined) with renewal agreements in place through July 2027, that will generate a combined rental income of $8,020 per month, making this a rare opportunity for investors seeking immediate cash flow in a prime location.
Property Facts
| Price | $1,612,610 CAD | Status | Active |
| Price / SF | $313.74 CAD / SF | Number of Properties | 2 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 5,140 SF |
| Sale Type | Investment or Owner User |
| Price | $1,612,610 CAD |
| Price / SF | $313.74 CAD / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 6% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,140 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Urban Lofts
118 Ruth Dr, 1st Floor - Unit 310, Athens, GA 30601 |
Flex Condo | 3,003 SF | 2008 | - |
|
Urban Lofts
118 Ruth Dr, 1st Floor - Unit 610, Athens, GA 30601 |
Flex Condo | 2,137 SF | 2008 | - |
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Urban Lofts - 118 Ruth Drive #310 & #610
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