Mesa Capital Partners
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1287 Shoals – Athens, GA

Spring Lake is a garden-style apartment community located on the east perimeter of the GA-10 loop in the city of Athens, Georgia. Completed in 1996, Spring Lake includes 220 units in 12 two-story and three-story buildings with surface parking. The 24.33-acre site is located in a quiet neighborhood setting on Cedar Shoals Drive, just off Gaines School Road. Gaines School Road is a primary retail corridor in the eastern corner of Athens, with direct access to the University of Georgia and Atlanta commute route, SR 316. Spring Lake contains 29% one bedroom units, 55% two bedroom units, and 16% three bedroom units with average unit size of 1,091 square feet, the largest in the submarket, and is currently 96% occupied. Property amenities include a car wash station, resort style swimming pool, playground, sand volleyball court, seven-acre stocked pond, grill areas, lighted tennis court, internet café, laundry facility, and controlled access entry.