MILLEDGEVILLE, Ga., June 23, 2021 (Newswire.com) - On Wednesday, Aug. 25, 2021, the 67-acre student housing development Arcadia on the River will be going to auction through an online-only Time-Limited Event hosted by RealtyHive.
Constructed in 2017, the development is comprised of 510 beds in 123 residential units, 11 garage/storage centers, and five community buildings. Each cottage-inspired unit is fully furnished and includes state-of-the-art stainless steel appliances in an open-concept kitchen, private patio or balcony, walk-in closets, quartz and marble countertops, LVP and LVT flooring, and designer lighting.
The development is situated nearby Georgia College & State University (GCSU), Georgia Military College (GMC), and Central Georgia Technical College (CGTC), ensuring a consistent flow of residents for landlords and an easily manageable commute for students. With frequent events, on-site activities, and easily accessible resources, the development is centered around community and facilitates social connections, academic support, and professional growth.
Arcadia on the River includes a modern clubhouse, business center, state-of-the-art fitness center, swimming pool, volleyball court, and more, all contained within secure access gates. Whether student residents are lounging on the hammock pavilion, completing assignments in a study lounge, or relaxing near a wood-burning fireplace, quality of life always comes first at Arcadia on the River.
Additionally, RealtyHive's Director of International Real Estate, Hugh Gilliam, stated, "This unique investment opportunity is an award-winning luxury student housing community with a first-class amenity package. It is conveniently situated next to the Oconee Greenway, a haven of nature and tranquility all in your backyard." Arcadia on the River is currently 99% occupied, and has won awards for being among the Top 100 Student Housing Properties in the Nation (2018) and Best in American Living (2018 - Gold Winner).
Although the development is scheduled for auction on Aug. 25, 2021, bidders can place a Pre-Event Offer prior to the event's commencement. Described as "a legendary adventure" by staff members, this Milledgeville hallmark offers a unique opportunity to interested investors and prospective landlords alike.
The online-only event is scheduled to take place Wednesday, Aug. 25, 2021, 11 a.m. - 5 p.m. EDT. More information regarding RealtyHive's Time-Limited Event is available at https://www.realtyhive.com/residential/arcadia-on-the-river.
RealtyHive is a global real estate platform offering digital marketing and Time-Limited Event services to a wide variety of clients from around the world. Property buyers are now able to receive cashback on their purchase through RealtyHive's newly released mobile app, Cashifyd. Each month, more than 100,000 unique visitors from 190+ countries view RealtyHive properties located across five continents. To learn more about RealtyHive services, including risk-free and no-upfront-cost real estate marketing solutions, visit realtyhive.com.
Amanda Syrjamaki, 920-617-9117
Source: RealtyHive, LLC