816-818 drayton streetSavannah, GA 31401

$4,725,000Price
11,349 Sq.Ft.$416 / Sq.Ft.
11,349Sq.Ft.
$416per Sq.Ft.
OverviewLocationBuilding informationProperty InfoPublic Records
$4,725,000Price
11,349$416.34 / Sq.Ft.

816-818 drayton streetSavannah, GA 31401

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.

Property Details for 816-818 Drayton Street

  • Parking FeaturesOn Street
  • Property AttachedNo

LISTING UPDATED:

  • StatusActive
  • MLS #10380482
  • Days on Site237
  • Taxes$29,453.86 / year
  • MLS TypeCommercial Sale
  • Year Built1896
  • Lot Size0.14 Acres
  • CountryChatham

Location

GASavannah31401816-818 Drayton Street

LISTING UPDATED:

  • StatusActive
  • MLS #10380482
  • Days on Site237
  • Taxes$29,453.86 / year
  • MLS TypeCommercial Sale
  • Year Built1896
  • Lot Size0.14 Acres
  • CountryChatham

Building Information for 816-818 Drayton Street

Payment Calculator

$27,603 per month30 year fixed, 7.00% Interest
Principal and Interest$25,148.43
Property Taxes$2,454.49
HOA Dues$0

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Property Information for 816-818 Drayton Street

Summary

Location and General Information

  • Directions: From Derenne Ave, head down Abercorn Street towards Victory Drive. Turn Left on Victory Drive. Turn Right on Drayton Street. Travel 1 mile, destination will be on right hand side across from Forsyth Park
  • Coordinates: 32.066363,-81.095329

School Information

    Taxes and HOA Information

    • Parcel Number: 20044 13038
    • Tax Year: 2023

    Virtual Tour

      Parking

      • Open Parking: Yes

      Interior and Exterior Features

      Interior Features

      • Cooling: Central Air, Fans
      • Heating: Central

      Exterior Features

      • Construction Materials: Wood Siding
      • Pool Private: No

      Property

      Utilities

      • Sewer: Public Sewer
      • Utilities: Electricity Available, Water Available
      • Water Source: Public

      Property and Assessments

      • Home Warranty: No
      • Property Condition: Updated/Remodeled

      Green Features

        Lot Information

        • Lot Features: City Lot

        Multi Family

        • Number of Units To Be Built: Square Feet

        Rental

        Rent Information

        • Land Lease: No

        Public Records for 816-818 Drayton Street

        Tax Record

        Home Facts