Carlisle Village Townhomes 100 Karima Cir 26 Unit Apartment Building $6,874,800 CAD ($264,415 CAD/Unit) 5.80% Cap Rate Rincon, GA 31326

Marcus & Millichap is pleased to present Carlisle Village, 26 condos comprising a portion of a larger multifamily community in Rincon, Georgia. The property consists entirely of spacious two-bedroom, two-bathroom units and was constructed in 2008–2009, with Recently completed renovations in 2025/2026. Offering a relatively modern vintage within the local submarket. The property is within a well-maintained suburban community with professional HOA oversight. Carlisle Village benefits from functional unit layouts that aligns well with renter preferences in suburban Savannah-area markets.
Rincon, located in Effingham County, continues to experience steady residential growth as households are drawn to its affordability, strong school systems, and convenient access to employment centers throughout the Savannah MSA. The area has evolved into a key suburban housing destination, supported by its proximity to Savannah’s industrial, logistics, and port-driven economy. As home prices and development costs across coastal Georgia have increased, Rincon has remained an attractive alternative for renters seeking more attainable housing options within commuting distance of major job hubs.
The broader Savannah market is anchored by one of the most active port economies in the Southeast, along with growing tourism, manufacturing, and distribution sectors. Continued investment in logistics infrastructure and industrial expansion has supported sustained job creation and population inflows throughout the region. This dynamic has helped reinforce consistent rental demand in surrounding suburban submarkets such as Rincon, where newer-vintage workforce housing remains limited in supply relative to demand.