1301 Ranger St - Apartments FOR SALE


Savannah, GA 31404- South Garden
$3,250,000 USD
912-667-5887
1301 Ranger St, Savannah, GA for Sale
$3,250,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1301 Ranger St
Savannah, GA 31404
South Garden


HIGHLIGHTS

  • Uniform 16-unit
  • In-unit washer/dryer hookups in every unit
  • Directly adjacent to Memorial Health University Medical Center, Savannah’s largest hospital and only Level 1 trauma center
  • Within 1.5 miles of Candler Hospital, providing access on two major healthcare systems
  • Surrounded by a dense Medical Arts district of physician offices, clinics, and healthcare providers
  • Minutes from retail, grocery, and neighborhood amenities along Victory Drive and DeRenne Ave, as well as Daffin Park and Grayson Stadium

OVERVIEW

Blokk Commercial Real Estate is pleased to present 1301 Ranger St, a 16-unit apartment community in Savannah, Georgia, featuring a uniform mix of 2-bedroom/2-bathroom units, each with in-unit washer/dryer hookups, situated on a 1.4-acre site. Tenants are responsible for their own utilities, keeping the operating structure simple. The asset offers a clean, low-complexity platform well suited to either a value-add reposition or a stabilized long-term hold. The property sits in an established, amenity-rich pocket of Savannah's eastside along the Waters Avenue medical corridor. It is directly adjacent to Memorial Health University Medical Center, Savannah's largest hospital and a Level I trauma center, and approximately 1.5 miles from Candler Hospital, giving the immediate area two major hospital systems and their employment base. The property is also surrounded by a dense Medical Arts district of physician offices and outpatient clinics, supporting steady healthcare-driven housing demand well beyond the hospitals themselves. The location offers strong day-to-day convenience and connectivity. Direct access to Harry S. Truman Parkway provides a fast, signal-light-free commute across the city, while Calvary Day School and Juliette Low Elementary sit roughly a half-mile away and Forrest Hills Park, with tennis/pickleball courts, disc golf, and playgrounds, is less than a mile out. Retail and grocery options along Victory Drive and DeRenne Avenue, along with Daffin Park and Grayson Stadium (home of the Savannah Bananas), are all just minutes from the property.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$368 USD /SF

# OF UNITS

16

PRICE/UNIT

$203,125

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

16-Unit Multifamily Investment Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,901 SF

ZONING

R6

APN/PARCEL ID

20114 03004,2011403004

ASK ABOUT THIS PROPERTY

Jordan KimBlokk Commercial Real EstateMore Info
912-667-5887

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Jordan KimBlokk Commercial Real EstateMore Info
912-667-5887

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