1216 5th Ave - Apartments FOR SALE


Tybee Island, GA 31328
$2,100,000 USD
912-596-4175
1216 5th Ave, Tybee Island, GA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

1216 5th Ave
Tybee Island, GA 31328


OVERVIEW

Turnkey investment opportunity on highly desirable Tybee Island (Savannah Beach)! This fully occupied 6-unit multi-family building offers immediate, stable cash-flow. The entire property has been completely and meticulously remodeled from top to bottom, offering true peace of mind and low maintenance for years to come. Capital improvements include new roof, new siding, and new windows , alongside fully updated plumbing and electrical systems. The high-demand unit mix perfectly caters to the local rental market: Two efficient 1-Bedroom Studio apartments Two spacious 1-Bedroom/ 1 Bathroom units Two generous 2-Bedroom/ 1 Bathroom units Situated just minutes from the beach. Whether looking to expand your portfolio or secure a premier 1031-exchange property, this coastal gem is completely rent-ready and optimized for long-term growth.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$525 USD /SF

# OF UNITS

4

PRICE/UNIT

$525,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4000711007

ASK ABOUT THIS PROPERTY

John AndrewsPrime Properties of SavannahMore Info
912-596-4175

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John AndrewsPrime Properties of SavannahMore Info
912-596-4175

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