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Investment Highlights

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

Executive Summary

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.

Property Facts

Price $4,617,958 CAD
Price Per Unit $288,622 CAD
Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.40 AC
Building Size 8,822 SF
No. Stories 2
Year Built 1986
Parking Ratio 4.53/1,000 SF
Zoning R6

Amenities

Unit Amenities

  • Washer/Dryer Hookup

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 16 - -
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
2011403004
Land Assessment
$190,629 CAD
Improvements Assessment
$897,276 CAD
Total Assessment
$1,087,906 CAD
  • Listing ID: 41024327

  • Date on Market: 2026-06-23

  • Last Updated:

  • Address: 1301 Ranger St, Savannah, GA 31404

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