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$2,000,000
25 Beds 25 Baths SA358919 MLS
Rare opportunity to acquire a 25-unit extended-stay motel/apartment complex with significant income potential on highly visible Ogeechee Rd/Hwy US-17. Situated on approximately 2.43 acres with commercial road frontage, this well established, family owned property consists of 25 fully furnished one-bedroom, one-bathroom units. Each unit features a private entrance, private bath and a fully equipped kitchen with full sized refrigerator. All furnishings convey with the sale. Potential gross income exceeds $373,000 annually based on weekly rental rate model at full occupancy, or approximately $357,000 annually as monthly rentals. Currently there is a mixture of weekly, biweekly, and monthly tenants, many whom are well established, long term residents. A minimum six month stay is required. Operational advantages include private wells resulting in no water bills, no city taxes, and no flood insurance requirement. A current motel business license is in place. Conveniently located near Berwick Community, Chatham Parkway, major employers, shopping, dining, and easy interstate access/transportation routes. This income producing property offers both immediate cash flow and long term appreciation potential. Positioned in a rapidly growing area, the property is surrounded by ongoing, residential, commercial, and infrastructure development, creating future opportunities for increased demand, rental growth, and overall property appreciation.. Some furnishings in photographs may have been replaced and are subject to change.

5013 A Ogeechee Rd, Savannah

Listing courtesy of Re/Max Savannah.

$2,000,000
25 Beds 25 Baths SA358865 MLS
Rare opportunity to acquire a 25-unit extended-stay motel/apartment complex with significant income potential on highly visible Ogeechee Rd/Hwy US-17. Situated on approximately 2.43 acres with commercial road frontage, this well established, family owned property consists of 25 fully furnished one-bedroom, one-bathroom units. Each unit features a private entrance, private bath and a fully equipped kitchen with full sized refrigerator. All furnishings convey with the sale. Potential gross income exceeds $373,000 annually based on weekly rental rate model at full occupancy, or approximately $357,000 annually as monthly rentals. Currently there is a mixture of weekly, biweekly, and monthly tenants, many whom are well established, long term residents. A minimum six month stay is required. Operational advantages include private wells resulting in no water bills, no city taxes, and no flood insurance requirement. A current motel business license is in place. Conveniently located near Berwick Community, Chatham Parkway, major employers, shopping, dining, and easy interstate access/transportation routes. This income producing property offers both immediate cash flow and long term appreciation potential. Positioned in a rapidly growing area, the property is surrounded by ongoing, residential, commercial, and infrastructure development, creating future opportunities for increased demand, rental growth, and overall property appreciation.. Some furnishings in photographs may have been replaced and are subject to change.

5013 Ogeechee Rd, Savannah

Listing courtesy of Re/Max Savannah.

$1,790,000
5 Beds 6 Baths SA357772 MLS
C.1925 resort-style living in the heart of Ardsley Park–Chatham Crescent. A covered loggia with arched colonnades opens onto a saltwater pool, full outdoor kitchen, and travertine decking framed by lush landscaping — an entertainer's paradise so captivating it has hosted weddings. Inside, nearly 4,900 square feet of Mediterranean revival elegance unfolds across five bedrooms and four baths. The gourmet kitchen pairs a Thermador gas cooktop and Sub-Zero column refrigeration with a custom Acacia island, wet bar, and wine cooler. The primary suite delivers a fireplace, spa bath, and a dressing closet that must be seen. Four additional bedrooms each enjoy direct bathroom access, and one has been transformed into a vaulted aerial fitness room rarely found in homes of this caliber. Own a piece of Savannah's first planned automobile suburb, a National Register district since 1985. Original oak floors, five masonry fireplaces, and cast-iron balconies anchor the home in history, while tankless water heaters, UV air purification, and a professionally sealed crawlspace with an industrial dehumidifier keep it fully modern.

529 E 44th St, Savannah

Listing courtesy of Compass Georgia LLC.

$2,248,000
7 Beds 6 Baths SA356970 MLS
“It’s impossible not to be awed by this historic mansion, the huge two-story columns and immaculate topiary... experience something very special!” — Condé Nast Traveler. Steeped in history and architectural grandeur, this c. 1895 Greek Revival estate stands as a beacon of the Thomas Square Streetcar Historic District, recently named the "Best Neighborhood in the South" by Southern Living Magazine. Originally built for the prominent Lester family and later immortalized in John Jakes' novel Savannah, this remarkable property offers a rare blend of historic significance, timeless elegance, and modern versatility. Currently operating as a successful inn, the estate is zoned TC-1 and benefits from a non-owner occupied STVR permit, offering exceptional flexibility as a luxury residence, income-producing property, or both. The property offers more than 5,000 square feet of living spaces with 7 bedrooms, 6 bathrooms, 5 kitchens, and a dehumidified basement for storage and laundry. The owner's suite serves as a private second-floor retreat featuring an open-concept kitchen, office, dedicated laundry room, and a cozy fireplace. Designed for entertaining on a grand scale, this suite opens to an extraordinary 1,020-square-foot private porch and pergola—one of the property's most unforgettable features. Mature trees, winding brick pathways, and thoughtfully designed gardens create a private oasis that is both low-maintenance and drought tolerant. Rare offstreet parking for 4 vehicles, a convenience seldom found in Historic Savannah. Just moments from Forsyth Park, the Historic District, award winning locally owned restaurants, boutiques, galleries, and cultural attractions; the very best of Savannah is at your doorstep. Whether preserved as a thriving hospitality business or transformed into an extraordinary private residence, this exceptional estate offers a rare opportunity to own one of Savannah's most distinctive and storied properties.

107 E 35th St, Savannah

Listing courtesy of Corcoran Austin Hill Realty.

$2,248,000
7 Beds 6 Baths SA357815 MLS
“It’s impossible not to be awed by this historic mansion, the huge two-story columns and immaculate topiary... experience something very special!” — Condé Nast Traveler. Steeped in history and architectural grandeur, this c. 1895 Greek Revival estate stands as a beacon of the Thomas Square Streetcar Historic District, recently named the "Best Neighborhood in the South" by Southern Living Magazine. Originally built for the prominent Lester family and later immortalized in John Jakes' novel Savannah, this remarkable property offers a rare blend of historic significance, timeless elegance, and modern versatility. Currently operating as a successful inn, the estate is zoned TC-1 and benefits from a non-owner occupied STVR permit, offering exceptional flexibility as a luxury residence, income-producing property, or both. The property offers more than 5,000 square feet of living spaces with 7 bedrooms, 6 bathrooms, 5 kitchens, and a dehumidified basement for storage and laundry. The owner's suite serves as a private second-floor retreat featuring an open-concept kitchen, office, dedicated laundry room, and a cozy fireplace. Designed for entertaining on a grand scale, this suite opens to an extraordinary 1,020-square-foot private porch and pergola—one of the property's most unforgettable features. Mature trees, winding brick pathways, and thoughtfully designed gardens create a private oasis that is both low-maintenance and drought tolerant. Rare offstreet parking for 4 vehicles, a convenience seldom found in Historic Savannah. Just moments from Forsyth Park, the Historic District, award winning locally owned restaurants, boutiques, galleries, and cultural attractions; the very best of Savannah is at your doorstep. Whether preserved as a thriving hospitality business or transformed into an extraordinary private residence, this exceptional estate offers a rare opportunity to own one of Savannah's most distinctive and storied properties.

107 E 35th St, Savannah

Listing courtesy of Corcoran Austin Hill Realty.

$2,248,000
7 Beds 6 Baths SA356965 MLS
“It’s impossible not to be awed by this historic mansion, the huge two-story columns and immaculate topiary... experience something very special!” — Condé Nast Traveler. Steeped in history and architectural grandeur, this c. 1895 Greek Revival estate stands as a beacon of the Thomas Square Streetcar Historic District, recently named the "Best Neighborhood in the South" by Southern Living Magazine. Originally built for the prominent Lester family and later immortalized in John Jakes' novel Savannah, this remarkable property offers a rare blend of historic significance, timeless elegance, and modern versatility. Currently operating as a successful inn, the estate is zoned TC-1 and benefits from a non-owner occupied STVR permit, offering exceptional flexibility as a luxury residence, income-producing property, or both. The property offers more than 5,000 square feet of living spaces with 7 bedrooms, 6 bathrooms, 5 kitchens, and a dehumidified basement for storage and laundry. The owner's suite serves as a private second-floor retreat featuring an open-concept kitchen, office, dedicated laundry room, and a cozy fireplace. Designed for entertaining on a grand scale, this suite opens to an extraordinary 1,020-square-foot private porch and pergola—one of the property's most unforgettable features. Mature trees, winding brick pathways, and thoughtfully designed gardens create a private oasis that is both low-maintenance and drought tolerant. Rare offstreet parking for 4 vehicles, a convenience seldom found in Historic Savannah. Just moments from Forsyth Park, the Historic District, award winning locally owned restaurants, boutiques, galleries, and cultural attractions; the very best of Savannah is at your doorstep. Whether preserved as a thriving hospitality business or transformed into an extraordinary private residence, this exceptional estate offers a rare opportunity to own one of Savannah's most distinctive and storied properties.

107 E 35th St, Savannah

Listing courtesy of Corcoran Austin Hill Realty.

$1,625,000
4 Beds 6 Baths SA305739 MLS
Welcome home to this impeccably maintained 4 bedroom, 5.5 bath home located in Deer Creek at The Landings. This captivating home offers the primary bedroom on the first floor, formal living room, dining room, family room, 2 bedrooms up with baths, bonus room with bath and screened porch. Features include soaring ceilings in the formal living area with built ins, 2 fireplaces, high end appliances and hardwood floors throughout. The kitchen opens to the living room with built ins and an abundance of cabinets and storage space. Extra-large laundry room with lots of cabinets. Spacious 3 car garage with brick paver circular driveway. Enjoy your morning coffee on the screened porch. This spectacular home is on the 7th hole in Deer Creek and yet, still offers the utmost privacy. ****New Roof going on the week of the 05/22nd.

4 Islanders Retreat, Savannah

Listing courtesy of The Landings Company. Selling Office: Seabolt Real Estate.

$1,418,000
5 Beds 6 Baths SA299282 MLS
Close to Savannah’s Historic District, in the beautiful gated community of Emerald Pointe, this low country home is equal parts southern luxury and comfort. Find a picturesque 4bed/4.5 bath and guest carriage house on a spacious double lot, with wrap-around porch and white picket fencing. Upon entry, the welcoming foyer opens into the formal living and dining area. Captivating light filled family room with fireplace and built-ins, gourmet kitchen, and mudroom along with a guest bedroom and full bath complete the main floor. Find the remaining bedrooms on the upper levels, along with a home office, laundry room, and bonus room with bath. The carriage house is a haven of its own, complete with a living room, guest bedroom, bunkroom, full bath, private balcony, kitchenette, and mudroom. The lush 2.5 car garage features a private workout space. This property showcases all the lifestyle of Savannah living near the city, yet allows for one to enjoy the private neighborhood with amenities.

203 John Wesley Way, Savannah

Listing courtesy of Realty One Group Inclusion. Selling Office: Realty One Group Inclusion.

$1,930,000
4 Beds 6 Baths SA317566 MLS
Welcome to your dream retreat. This breathtaking, two-story tabby home is ideally situated on a secluded point on picturesque Modena Island offering tranquility and a mesmerizing view. Foyer leads into the living room, where large windows and glass sliding doors frame the view of the marsh. Built in bookcases, flanking the elegant gas fireplace adds charm and functionality to the room. The updated kitchen features a generous walk-in pantry. The recently renovated master bathroom showcases a double vanity and a large walk-in closet outfitted with custom cabinetry. The spa like ensuite features a frameless glass shower with modern tile work, a built-in bench, a rain showerhead, and a luxurious clawfoot tub. A large bonus room offers versatile space for recreation, complete with built-in Murphy bed and entertainment center with a full bathroom access via its own private staircase. The property features a salt water pool 10 X 15 feet, with a depth of 5 feet and a heating system.

4 The Point Pt, Savannah

Listing courtesy of Parker Scott Properties. Selling Office: Engel & Volkers.

$1,200,000
6 Beds 8 Baths SA296455 MLS
New price, ready to move! Elegant estate on Shipyard Creek, with sweeping views of Historic Wormsloe, abundant wildlife, and privacy; 1.61 acres high ground, featuring an amazing pool, luxury outdoor kitchen, and surrounding trex decking for entertaining. 4 bedrooms 4.5 baths in main house, and 2 bedrooms, 2 baths plus large separate flex space over 2 car garage. 2 private pool bathrooms off of mudroom, and separate 2 bay garage for boats, gear, storage, and a workshop. Gorgeous heart pine floors in living and dining room with huge woodburning fireplace and wet bar, overlooking the covered porch towards the pool and views of Shipyard Creek and Wormsloe. Luxury finishes in the kitchen include granite slab island, stainless high end appliances. New moisture barrier in crawlspace with warranty. Cedar Hammock properties do not come on the market very often so please make appointment to see this property today!

8710 Ferguson Ave, Savannah

Listing courtesy of Daniel Ravenel SIR. Selling Office: Realty One Group Inclusion.

$2,719,000
8 Beds 7 Baths SA292307 MLS
Don't miss your chance at this turn-key historic home with income property potential! Meticulously restored to showcase original details as well as provide an incredibly versatile floorplan. The main house features 4 bedrooms with double master suites, 2 guestrooms with designated bathroom, 3 living rooms with his and hers downstairs and a nightcap living room on upper level with wet bar. From the moment you walk into the main foyer, this house is breathtaking! It showcases the quintessential southern living experience with its massive rooms, 14' ceilings, formal (and casual) dining room and living rooms, expansive kitchen with commercial grade appliances, 4'Viking fridge and 4' gas stove, twin islands and 3 secret rooms including a full butler's pantry, hidden room and wine cellar! The rear part of the house features 2 separate rental units. One unit is a 2/1 and the other is a 1/1. Construction on the 2 car, 1 bed/1 bath carriage house is set for completion in August!

304 E Hall St, Savannah

Listing courtesy of Engel & Volkers. Selling Office: BHHS Savannah.

$1,810,000
4 Beds 6 Baths SA294549 MLS
Enjoy the spectacular view of Deer Creek Hole #2 and the large lagoon surrounding it from this stucco home on Sedgewater Retreat. This is an Architect's masterpiece as evidenced by large, significant molding and wide Heart-Pine flooring throughout. The home boasts a breathtaking entry with a circular wrought iron Staircase, Living Room with fireplace and custom cabinets, spacious Dining Room, Chef's Kitchen, Family room (with Fireplace) all looking through large glass doors to a screened porch running across the back of the house and looking out to a beautiful Pool. Also on the first floor is a large Master Suite and handsome wood-paneled study. A second back stairway leads to a large bonus room, 3 Bedrooms each with their own ensuite baths and an abundance of storage. The iron gates adjacent to the salt water pool lead to slate walkways through abundant camellia trees, mature fruit trees, and finally an American Boxwood garden. This is a very special property, not to be missed!

3 Sedgewater Retreat, Savannah

Listing courtesy of BHHS Savannah. Selling Office: Keller Williams Coastal Area P.

$8,400,000
14 Beds 12 Baths SA298330 MLS
Welcome to Vila Sacadura, an extraordinary Southern estate honoring Portuguese influences. This stunning oasis on the Wilmington River boasts 28,000 sqft of living space including a main house, guest cottages, a barn & more. As you pass through the gated entry, you are instantly swept away to your own private resort with lush gardens, stocked pond & outdoor recreation areas. This custom home offers an opulent yet inviting design, a private primary suite with river views, gourmet kitchen with commercial appliances, a study with saltwater fish tank & many more unique features. The patio features a pool, hot tub, full bath & outdoor kitchen pavilion perfect for entertaining. Two guest cottages & a versatile barn cater to extended family or guests. The property offers 300 feet of deep water frontage, a floating dock & a charming dock house with a unique fishing feature. This estate is not just a home but a lifestyle, a sanctuary & the epitome of coastal living on the Wilmington River.

818 Wilmington Island Rd, Savannah

Listing courtesy of Corcoran Austin Hill Realty. Selling Office: Seabolt Real Estate.

$2,100,000
4 Beds 6 Baths SA322233 MLS
Fabulous high-end renovation with no expense spared and every room touched in this 4- bed, 5 ½ -bath Midpoint gem. Enjoy space for the whole family with study/office, dining room, separate living room with fireplace, chef’s kitchen open to family room with fireplace, breakfast room, wine cellar off kitchen, master suite, half bath, and laundry room finish off the first floor. For entertaining, enjoy a lazy Southern evening from your screen porch or grill on your brick paver veranda off the breakfast room. Upstairs, there is a bonus room with its own bath, 2 flex spaces that can be used as family room, bedrooms, or exercise room with Jack and Jill bath between them. There are 2 guest bedrooms each with ensuite bath. A conditioned storage room was added in the attic.

20 Shellworth Xing, Savannah

Listing courtesy of The Landings Company. Selling Office: Realty One Group Inclusion.

$1,400,000
5 Beds 6 Baths SA304883 MLS
This gorgeous home welcomes you with beautiful curb appeal that is poised to impress! This spacious home offers 5 bedrooms, 5 1/2 baths, built in 2002 and boasts 5760 sq ft. The primary bedroom with screened in porch, and two additional guest rooms are located on the main floor, all of which have new Brazilian cherry floors to match the rest of the main level. The entire interior has been freshly painted, and the newly designed and reconfigured gourmet kitchen is definitely a chefs delight. The kitchen offers high end appliances like a Fulgor, six burner gas stove and beautiful, leathered Granite countertop on the island. The spacious home offers separate living room, dining room, family room, 2 fireplaces and upstairs offers, 2 bedrooms with 2 baths and a craft room/flex space. The bonus room over the 3 car garage has new carpet with a full bath and mini kitchen area. The views never get old with the panoramic lagoon and golf views of Palmetto #18. Resort living at its best!

2 Lakewood Ct, Savannah

Listing courtesy of The Landings Company. Selling Office: The Landings Company.

$440,000
8 Baths SA293933 MLS Victory Deliverance BLDG.
Neighborhood shopping center located on Pennsylvania Ave! LOTS 122, 124, 126 & LOTS 121, 123, & 125. The site contains approximately 20,128 square feet, and the building itself is over 7,000. The lot fronts Pennsylvania Avenue 136' and has a depth along Clemson Street of 148'. Off street parking available along the front of the building, as well as a vacant rear lot that could be used for parking, but is currently unimproved. Current uses of the 6 lots (as 1 building) include an overstock bin store, storage for store, beauty salon, holistic practices, Victory Praise & worship center, food pantry, and 2 office spaces. Each lot/unit is either 1 big room or has 2-3 rooms inside. All current businesses will be relocating.

403 Pennsylvania Ave, Savannah

Listing courtesy of LUXE REAL ESTATE SERVICES LLC. Selling Office: Keller Williams Coastal Area P.

$1,350,000
5 Beds 6 Baths SA305330 MLS
Incredible waterfront views on tidal creek looking down Vernon River, where sunsets are amazing! 5 bed 5.5 baths plus 1,000 SF climatized space above detached guest house- garage. Gorgeous marsh views from main house family room w/ fireplace, dining room & gourmet kitchen. Crown moulding, coffered ceiling in living room, solid wood doors throughout. Addl spacious home theatre/den. Large primary bedroom has beautiful marsh views; marble bathroom w/ walk-in double shower, large free standing tub & two vanities w/ quartz countertops. Chef’s kitchen renovated in Fall 2023, with Wolf 6-burner stove top, griddle and two ovens. Center island & two walk-in pantries. All cabinets new, solid wood shaker fronts and soft-close drawers. Quartz countertops. A butler’s pantry with a second refrigerator, dishwasher and sink off of kitchen, laundry room. 1.09 acres of beautiful landscaping from the tip of the driveway to the marsh. With a pool and ample sunshine this is an entertainer's dream!

9315 Whitefield Dr, Savannah

Listing courtesy of Daniel Ravenel SIR. Selling Office: Redfin Corporation.

$3,000,000
11 Beds 10 Baths SA312944 MLS
Significant price adjustment! Welcome to the heart of Savannah's historic district! This beautiful, historic, income-producing property offers five units, each with its own non-owner occupied Short-Term Vacation Rental (STVR) permit. Earning over $500,000 in gross income for 2023, this is a great property to add to your portfolio! Built in 1850, this property is being sold turnkey. Situated in a prime location (ON THE ST. PATRICK'S DAY PARADE ROUTE), enjoy easy access to Savannah's renowned landmarks, dining, and entertainment. Don't miss out on this chance to own a piece of history and a lucrative income stream in one of the city's most coveted areas! Seller is willing to sell the main building as a 4 unit property and subdivide the carriage house to be sold separately with a bona fide offer. Contact listing agent for details.

201 E York St, Savannah

Listing courtesy of Realty One Group Inclusion. Selling Office: Re/Max Accent.

$3,000,000
11 Beds 10 Baths SA312685 MLS
Significant price adjustment! Welcome to the heart of Savannah's historic district! This beautiful, historic, income-producing property offers five units, each with its own non-owner occupied Short-Term Vacation Rental (STVR) permit. Earning over $500,000 in gross income for 2023, this is a great property to add to your portfolio! Built in 1850, this property is being sold turnkey. Situated in a prime location (ON THE ST. PATRICK'S DAY PARADE ROUTE), enjoy easy access to Savannah's renowned landmarks, dining, and entertainment. Don't miss out on this chance to own a piece of history and a lucrative income stream in one of the city's most coveted areas! Seller is willing to sell the main building as a 4 unit property and subdivide the carriage house to be sold separately with a bona fide offer. Contact listing agent for details.

201 E York St, Savannah

Listing courtesy of Realty One Group Inclusion. Selling Office: Re/Max Accent.

$1,725,000
5 Beds 7 Baths SA298650 MLS
Graceful, Georgian brick home, in the family-friendly, Midpoint area of The Landings. This residence blends Southern elegance with modern conveniences. Every inch of the home has been finished to perfection. An extremely private residence with great flow and beautiful natural light, ideal for large-scale entertaining or quiet evenings at home, offering comfortable indoor and outdoor spaces. The gourmet kitchen, with cypress ceilings, Subzero and Wolf appliances, and spacious breakfast area, is the heart of the home, offering everything that a chef could want with room to gather family and friends. Highlights include a first-floor MBR, 3 bedrooms with baths on the second floor, a media room with a full bath above the garage, and 3rd floor flex space with bath that would be perfect as 5th bedroom or bonus room. Don’t miss the elegant, screened porch, an oasis that overlooks a private backyard with plenty of room to install a pool. Experience this home's undeniable charm for yourself!

3 Wakefield Pl, Savannah

Listing courtesy of The Landings Company. Selling Office: Seabolt Real Estate.

$1,682,500
5 Beds 6 Baths SA296487 MLS
Welcome to Moon River Landing, @ the highly desirable Landings on Skidaway Island community. A gated enclave w/ private entry – discrete, serene – an understated oasis on the banks of the Moon River. Custom-built Executive Home (c. 2015 & +/- 4747 sq.ft.), meticulously maintained and surrounded by fully mature grounds. Highlights: immaculate Hickory Wood flrs, 12’-14’ ceiling heights, open concept entertaining areas, split flr plan... Custom Signature touches abound – coffered ceilings, wainscotting, built-in bookcases, deep moldings / baseboards... Granite counters thruout, S.S. appliances w/ floating work island and breakfast bar. Features too numerous to mention! Over scaled Master Suite with fabulous bath and his/her wardrobe closets. Sprawling Bonus with its own BD ensuite Bath on 2nd flr. Note: perfectly sized back Porch overlooking your private Swimming Pool w/ lush landscaping. This is the epitome of gracious living for today’s Modern Lifestyle – All at Moon River Landing!

116 Waterway Dr, Savannah

Listing courtesy of Seabolt Real Estate. Selling Office: The Landings Company.

$510,000
9 Beds 6 Baths SA302475 MLS
Welcome to 902 West 48th - a timeless quadraplex built in 1959, offering an exceptional investment opportunity. This unique property is a nestled in a prime location and stands as a solid investment choice for those seeking both historical charm and financial growth. Property Details: 902 West 48th: Year Built: 1959 Quadraplex Unit 1: 2 Bedrooms / 1 Bathroom Unit 2: 2 Bedrooms / 1 Bathroom Unit 3: 2 Bedrooms / 1 Bathroom Unit 4: 1 Bedroom / 1 Bathroom Investment Potential: With four distinct units, this quadraplex is an ideal income-generating property. But that's not all. Your investment extends to a neighboring property: 904 West 48th: Year Built: 1946 Bungalow Bedrooms: 2 Baths: 1.5 Living Space: 1105 sqft Features: Original hardwood floors Parking: Large carport- 2 off-street parking spaces 904 West 48th, with its charming bungalow appeal, complements the quadraplex, creating a lucrative investment opportunity. Sold "AS IS." and sold together

902 W 48th St, Savannah

Listing courtesy of Keller Williams Coastal Area P. Selling Office: Re/Max Accent.

$2,080,000
11 Beds 8 Baths SA291445 MLS
This is a rare opportunity to purchase a fully stabilized core plus multifamily asset in the heart of Savannah's Stalrand/Thomas square neighborhood. The Starland district is the new place to be: young professionals, art students, military officers, and all manner of local Savannians come to Starland to live, work, and play - and they pay a premium to do so. 307 W 36th was totally renovated in 2018 and went through a management value-add over the past year: rents were stabilized to market with well-qualified 12+ month tenants, unnecessary expenses cut, and deferred maintenance performed. Now the owners are ready to deliver this asset to the discerning buyer seeking easy cash flow and appreciation over the next few years as the Starland district and the Savannah MSA in general continues to grow well in excess of the rest of the nation. Offered at a 6.5% going-in capitalization rate and unlevered IRR/EM at year 7 of 13.8%/2.2x, clean Phase II ESA in hand. Financials upon request.

307 W 36th St, Savannah

Listing courtesy of Eighteen O'Two Realty LLC. Selling Office: Eighteen O'Two Realty LLC.

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