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816-818 Drayton Street

Savannah, GA 31401
  • $5,485,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 10380482
$5,485,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,349
    SQFT
  • $483
    $/SQFT
Type:
Commercial
Built:
1896
County:
Area:

School Ratings & Info

Description

Discover a prime investment opportunity at 816-818 Drayton St, Savannah, GA. This 14-unit historic apartment building, located on Forsyth Park, offers a blend of timeless charm and modern updates. Just minutes from SCAD, downtown shopping, dining, and major hospitals, the property is ideally situated for maximum rental appeal. With 80% occupancy and room for rental growth, it's poised for significant income potential, making it an exceptional opportunity for investors seeking high ROI in Savannah's most desirable location.

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Team Kristin Brown | Keller Williams Coastal Area Partners are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Team Kristin Brown | Keller Williams Coastal Area Partners. Data last updated: 2024-10-13T00:10:16.51.
www.teamkristinbrown.com/homes/155440093
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816-818 Drayton Street Savannah, GA 31401

  • Price: $5,485,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: 10380482
0
Beds
0
Baths
0
½ Baths
0.14
Acres
11,349
SQFT
$483
$/SQFT
1896
Built
County:
Chatham
Area:
Savannah
Property Description
Discover a prime investment opportunity at 816-818 Drayton St, Savannah, GA. This 14-unit historic apartment building, located on Forsyth Park, offers a blend of timeless charm and modern updates. Just minutes from SCAD, downtown shopping, dining, and major hospitals, the property is ideally situated for maximum rental appeal. With 80% occupancy and room for rental growth, it's poised for significant income potential, making it an exceptional opportunity for investors seeking high ROI in Savannah's most desirable location.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Wood Siding Garage YN No Lot Features City Lot Lot Size Area 6054.84 Lot Size Source Public Records Lot Size Units Square Feet Open Parking YN Yes Parking Features On Street

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 11349 Building Area Units Square Feet Cooling Central AirFans Cooling YN Yes Heating Central Heating YN Yes Living Area Source Public Records Living Area Units Square Feet

Property Features

Electric On Property YN Yes New Construction YN No Property Condition Updated/Remodeled Property Sub Type Commercial Sewer Public Sewer Tax Annual Amount 29453.86 Tax Year 2023 Utilities Electricity AvailableWater Available Water Source Public

GAMLS logo Listing provided courtesy of Keller Williams Realty Coastal: 912-356-5001. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Team Kristin Brown | Keller Williams Coastal Area Partners are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Team Kristin Brown | Keller Williams Coastal Area Partners. Data last updated: 2024-10-13T00:10:16.51.
 
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Team Kristin Brown | Keller Williams Coastal Area Partners
329 Commercial Dr, Suite 100
Savannah GA, 31406