0 N Avalon Dr - Apartments FOR SALE


Savannah, GA 31404- Winter Gardens-Brightwood
$2,488,000 USD
912-604-1197
0 N Avalon Dr, Savannah, GA for Sale
$2,488,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate


HIGHLIGHTS

  • The multi-family project which is under development is up for sale with two buildings that are approximately 70% complete
  • Each building consist of 8 units with 2 bedrooms and 1 bathroom each.
  • A new owner takes over, they could have two buildings ready for rent within 60 days
  • The third pad's foundation is already poured and stubbed. The Fourth pad is awaiting development.
  • Located minutes from downtown, off of Skidaway Road across from Gordonston Subdivision.

OVERVIEW

The multi-family project which is under development is up for sale with two buildings that are approximately 70% complete. If a new owner takes over, they could have two buildings ready for rent within 60 days. The third pad's foundation is already poured, while no work has been done on the fourth pad yet. Four parcels individually pinned, One 7,200 SF building per pad, Eight 900 SF units per building. 32 total, 900 SF each with 2 beds /1 bath each. Building Construction - Pad 1: 70% completed, Pad 2: 70% completed, Pad 3: One slab poured & plumbing stubbed, Pad 4: Pad ready.

FOR SALE DETAILS

PRICE

$2,488,000 USD

PRICE/SF

$86 USD /SF

# OF UNITS

32

PRICE/UNIT

$77,750

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

R6

APN/PARCEL ID

2006103001,2006103005

ASK ABOUT THIS PROPERTY

Michelle Parker-ScottParker Scott CommercialMore Info
912-604-1197

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Michelle Parker-ScottParker Scott CommercialMore Info
912-604-1197

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.