$4,250,000 2 BD 2 BA 48,000 SF

Property Description

Incredible opportunity to own a Stabilized 44-unit Multi-Family complex just 5 minutes from Savannah’s Historic District! Built in 1982, this property spans 8 separate buildings across 4+ acres with convenient access to major roadways, public transportation, shopping, and dining. Property includes 16 spacious 1BD/1BA units at 900 SF and 28 two-story 2BD/1.5BA townhomes at 1,200 SF with washer/dryer hookups. On-site parking and trash service add to tenant convenience. Maintained 99% occupancy under current ownership for nearly 12 years with vacancies almost never lasting more than a couple of weeks, with many long-term tenants in place. Significant potential to raise rents to market rates and boost income. Large lot offers space for additional units, or additional development of community amenities—true value-add potential. Perfect for investors looking to expand their portfolio in the growing Savannah market.

Property Features

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  •  4.24
  •  184694
  •  1
    • Cash
    • Conventional
    • Exchang
    • LOTS 23 THRU 25
    • 55 THRU 57 & PT OF LOTS 26
    • 27 & 54 BLOCK 4 WOODVILLE P
  •  RMF
  •  0.00
    • CableAvailable
    • UndergroundUtilities
  •  PublicSewer
  •  Public
  •  Click to View Virtual Tour
  • Exterior Features

  •  Patio
    • Decorative
    • Metal
    • Privacy
  •  ParkingLot
  •  MultiFamily
  •  ResidentialIncome
  • Interior Features

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    • Dishwasher
    • ElectricWaterHeater
    • Oven
    • Range
    • Refrigerator
    • RangeHood
    • Carpet
    • Vinyl
    • CentralAir
    • Electric
    • Central
    • Electric
  • School Information

    • Bartow
    • Groves
    • Mercer
    Courtesy of Seaport Real Estate Group

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    Alex Norkus

    (904) 280-3000
    Keller Williams Jacksonville Realty