List Search

8003 SR 56 Hwy
Athens, OH 45701

$4,393,000

Land For Sale  •  191 ac

Property Details

  • Property Type Land
  • Lot Size 191 ac
  • Zoning A
0 Transit Score
13 Walk Score

Description

A 191+/- acre site providing an abundance of possibilities for a new owner. As the land is situated between the campus and Athens Country Club, the Site is large enough to have multiple developments, potentially enabling a new owner to provide much needed student or senior housing, as well as residential lots. The Site is strategically located in a prime location for a large student housing project. The Site is located just two miles from the main entrance of Ohio University and along OH-56 allowing for a quick drive to campus. With approximately 30,000 students enrolled, Ohio University is consistently among the largest universities in the state and off-campus housing continues to exhibit strong occupancy rates. A strong overall student market with occupancy is over 93 percent and there are currently zero off-campus student developments planned through 2022.

Highlights

Large site with a variety of potential.
Great location for a large student asset.
Growing university with tremendous athletics.
Robust demand and no supply in the pipeline.

Property Flyers

Derek Lichtfuss 614-883-1239 Continental Realty
Derek Lichtfuss 614-883-1239 Continental Realty