Arcadia on the River

Milledgeville, GA, 31061, United States

Property ID: #890808 // RESIDENTIAL
223,882 ft²
67.51 acres
510 beds
- baths
  • Title
    Arcadia on the River
  • Address
    478 Oconee St
  • City
    Milledgeville
  • State
    GA
  • Zip
    31061
  • Country
    United States
  • Municipality
    City of Milledgeville
  • County
    Baldwin
  • Property Type
    Residential
  • Additional Types
    Development, Investment, Multi-Family , Residential, Apartment
  • Year Built
    2017
  • Lot Size
    67.51 Acres
  • Beds
    510
  • Square Feet
    223,882
  • Units
    123
PROPERTY INFORMATION

Arcadia on the River is a unique cottage-style student housing development located at 478 Oconee Bend in Milledgeville, Georgia. It is situated on the beautiful Oconee River and is 98 miles Southeast of Atlanta.

The complex, completed in 2017 is situated on 67.51 acres with 82 two story apartments consisting of 123 units/510 beds and a net rentable area of 200,510 sf. The average unit size is 1,670 sf per unit / 403 sf per bed. The property also features 5 non-residential buildings including a clubhouse, fitness center, locker building, pole barn, and chapter home. There are 11 garage/storage buildings on the property bringing the total number of buildings constructed on the property to 98.

The Arcadia Story: “At Arcadia on the River, we believe that the student always comes first. We do not simply offer a place to live but work towards passionately creating a true community where students can do life well. Our award-winning Students First™ program offers residents an exceptional living experience and can launch you toward success at Georgia College & State University and beyond.
We take pride in helping our residents achieve greatness in all areas of life — academically, socially, and personally. At Arcadia on the River, you will be part of a dynamic and positive community that supports you, whatever your passion is. Choose from a thriving calendar of events and take advantage of resources and activities to help you shine while you are a student and onward into your career.
Our highly trained staff offers an unmatched level of service and provides residents with programs and services designed to meet your needs as an active GC student. Join our community and find out for yourself what it means to truly live Arcadia”!

Community Amenities Include:
- 67.51-Acre Village with Oconee River and Greenway frontage
- Controlled access gates
- Stylish clubhouse /business center with Lounges and T.V.s
- Wi-Fi Mac and PC E-lounge/ café, study lounges, resident programs
- Juice bar and yoga center
- Milledgeville’s most extensive private fitness facilities (indoor and outdoor)
- Milledgeville’s largest swimming pool and spa
- Saline swimming pool with fountains, tanning ledges, and movie screen
- Poolside Charlie Daniel smoker and stainless gas grills
- Volleyball, bocce ball, softball, football, table tennis, foosball, and billiards
- Hammock pavilion
- Courtyards with sculptural steel wood-burning fireplaces
- 30 Rentable detached garages
- Rentable storage available
- Complimentary Shuttle Service

The Need for Student Housing – Our Academic Connections Continue to Grow:

With 6,952 students and 900+ faculty, Georgia College has an inherent positive impact on the Middle Georgia economy. Georgia Military College and Central Georgia Technical College round out Milledgeville’s trifecta of educational offerings.

Georgia College & State University (GCSU) Founded in 1889, Milledgeville’s Georgia College & State University is a member of the state university system. It has an estimated $235M impact on the regional economy and generates 2,000 indirect jobs. Its growing bachelor’s programs include nursing, education, and STEM fields; graduate programs include an MBA, a highly ranked Master of Nursing, and a master’s in logistics and supply chain management.

- Ranked 8th “Top Public Schools (South),” U.S. News & World Report
- Named a 2015-2016 College of Distinction, one of only two public colleges and universities
in GA named to the list.
- Named a 2016 “Best College Value” on Kiplinger’s Best College Value list, one of only
three institutions in G.A. ranked in the top 100.

Georgia Military College (GMC) Founded in 1879, Georgia Military College (GMC) is one of only five military junior colleges nationwide and is ranked 14th Best Community College in the Nation and the #1 Community College in Georgia by TheBestSchools.org. Enrollment increased by 11% to 13,816 students (state-wide) in 2016 and is expected to grow by 2 to 3 percent each year going forward.

Central Georgia Technical College (CGTC) Central Georgia Technical College, a Technical College System of Georgia, offers a two-year degree and has a diverse enrollment of 6,300+ students (state-wide). CGTC recently earned #23 on Military Times Best Colleges 2018 rankings as a career and technical college serving military students.

A Quote from one of the Arcadia Staff Members:
“The greatest of all adventures starts at Arcadia on the River, a forum for student living that is…epic. A sanctuary for the modern student, this bold hideaway offers the most advanced accommodations that awaits your discovery. You will shape the character of your own environment and relish the plethora of amenities and activities that inspire your quest. A legendary adventure awaits…at Arcadia on the River.”

DISCLAIMERS & AGENCY DISCLOSURE
  • Buyer's Fee: 0%
  • Earnest Money: Total earnest money to be negotiated at the time of offer and to be agreed upon in writing in a Purchase Contract by the Buyer and Seller.
  • Brokers and Agents are fully protected and encouraged to participate.
  • RealtyHive & Micoley.com, LLC are licensed auction firms working for the seller of said property, performing auction and auction marketing services as part of this transaction.

Read More...
List Price:
$34,500,000
Sugg. Opening Bid:
$29,500,000

What is a Pre-Event Offer? This property can be purchased prior to the event's start date. If accepted, this property will be removed from the upcoming auction. Benefits to purchasing prior to event.

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Speak to RealtyHive
  • Hugh Gilliam
  • RealtyHive, LLC
  • License # 208654
  • Additional Licensing Information:
  • Auctioneer: Wade T. Micoley #AU003815
  • Broker: Wade T. Micoley #341783
  • Broker Firm: RealtyHive, LLC #77838
Financing

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