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.
MLS# | 10380482 |
---|---|
Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 1896 |
Days On Site | 43 |
Listing Provided By | Keller Williams Realty Coastal | Brandon Fargo |
SQ Feet | 11,349 |
---|---|
Zoning | Res 25-43 Unit/Acre |
Acreage | 0.14 |
Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
---|---|---|---|---|---|
Date: Aug 2024 | Sales: 1 | Avg $ Per SqFt: $300 | Min Sale Price: $450,000 | Max Sale Price: $450,000 | Med Sale Price: $450,000 |
Date: Jul 2024 | Sales: 1 | Avg $ Per SqFt: $ | Min Sale Price: $1,200,000 | Max Sale Price: $1,200,000 | Med Sale Price: $1,200,000 |
Date: Jun 2024 | Sales: 3 | Avg $ Per SqFt: $268.97 | Min Sale Price: $390,000 | Max Sale Price: $965,000 | Med Sale Price: $960,000 |
Date: May 2024 | Sales: 2 | Avg $ Per SqFt: $381.66 | Min Sale Price: $377,000 | Max Sale Price: $740,000 | Med Sale Price: $558,500 |
Date: Apr 2024 | Sales: 1 | Avg $ Per SqFt: $289.14 | Min Sale Price: $530,000 | Max Sale Price: $530,000 | Med Sale Price: $530,000 |
Date: Mar 2024 | Sales: 5 | Avg $ Per SqFt: $201.65 | Min Sale Price: $1,200 | Max Sale Price: $971,975 | Med Sale Price: $460,000 |
Date: Jan 2024 | Sales: 1 | Avg $ Per SqFt: $ | Min Sale Price: $855,000 | Max Sale Price: $855,000 | Med Sale Price: $855,000 |
Date: Nov 2023 | Sales: 4 | Avg $ Per SqFt: $187.1 | Min Sale Price: $2,300 | Max Sale Price: $500,000 | Med Sale Price: $420,000 |
Aug 2024 | |
---|---|
Sales: | 1 |
Avg $ Per SqFt: | $300 |
Min Sale Price: | $450,000 |
Max Sale Price: | $450,000 |
Med Sale Price: | $450,000 |
Jul 2024 | |
Sales: | 1 |
Avg $ Per SqFt: | $ |
Min Sale Price: | $1,200,000 |
Max Sale Price: | $1,200,000 |
Med Sale Price: | $1,200,000 |
Jun 2024 | |
Sales: | 3 |
Avg $ Per SqFt: | $268.97 |
Min Sale Price: | $390,000 |
Max Sale Price: | $965,000 |
Med Sale Price: | $960,000 |
May 2024 | |
Sales: | 2 |
Avg $ Per SqFt: | $381.66 |
Min Sale Price: | $377,000 |
Max Sale Price: | $740,000 |
Med Sale Price: | $558,500 |
Apr 2024 | |
Sales: | 1 |
Avg $ Per SqFt: | $289.14 |
Min Sale Price: | $530,000 |
Max Sale Price: | $530,000 |
Med Sale Price: | $530,000 |
Mar 2024 | |
Sales: | 5 |
Avg $ Per SqFt: | $201.65 |
Min Sale Price: | $1,200 |
Max Sale Price: | $971,975 |
Med Sale Price: | $460,000 |
Jan 2024 | |
Sales: | 1 |
Avg $ Per SqFt: | $ |
Min Sale Price: | $855,000 |
Max Sale Price: | $855,000 |
Med Sale Price: | $855,000 |
Nov 2023 | |
Sales: | 4 |
Avg $ Per SqFt: | $187.1 |
Min Sale Price: | $2,300 |
Max Sale Price: | $500,000 |
Med Sale Price: | $420,000 |
Attachments | |
---|---|
Loading |
State | GA |
---|---|
County | Chatham |
City | Savannah |
Zip Code | 31401 |
Listing VS Median (in 31401) | |
Price: $5,485,000 low | high Med: $750,000 100% of Average SqFt: 11,349 low | high Med: 1,170 100% of Average $ / SqFt: $483 low | high Med: $641 17.365542388332% of Average On Site: 43 low | high Med: 11.000000 100% of Average |
Quick Searches by County: Fayette | Shelby | Tipton | DeSoto | Marshall | Tate | Tunica | Cheatham | Davidson | Dickson | Maury | Montgomery | Robertson | Rutherford | Sumner | Williamson | Wilson | Cherokee | Clayton | Cobb | DeKalb | Douglas | Forsyth | Fulton | Gwinnett | Henry | Rockdale
Listings courtesy of RealTracs MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of November 1, 2024 at 11:29:02 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.