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Whitaker Multi Family 1313 Whitaker St 4 Unit Apartment Building $1,909,806 CAD ($477,452 CAD/Unit) Savannah, GA 31401



INVESTMENT HIGHLIGHTS
- 100% Occupancy with Immediate Cash Flow
- Prime Location Near Forsyth Park
- Strong Long-Term Appreciation Potential
- Turn-Key Property with Low Maintenance Needs
- Desirable Unit Configuration: 12 Beds, 8 Baths
- Close Proximity to SCAD and Major Employers
EXECUTIVE SUMMARY
Seize this rare investment opportunity in Savannah's coveted Victorian Historic District, where history meets modern convenience, and high demand drives long-term value. This fully occupied quadplex offers investors immediate cash flow, making it an ideal, turn-key addition to any portfolio. With four spacious units—each offering 3 bedrooms and 2 baths—spread across 3,504 square feet, this property provides not only rental income from day one but also long-term growth potential in a city known for its strong rental market.
The property's historic charm, featuring hardwood floors and modern updates, makes it an appealing choice for tenants seeking a blend of old-world beauty and contemporary living. The 100% occupancy rate reflects the high demand in this thriving area, where rental opportunities are scarce, ensuring that your investment will generate steady income with minimal vacancy risk.
Investors will also appreciate the significant financial advantage of a tax abatement until 2025, enhancing the property’s profitability by reducing operating expenses in the near term. This financial buffer allows for greater flexibility in managing and reinvesting profits, whether to grow your portfolio or improve the property further.
Developers will find added value in the property’s prime location within a rapidly appreciating neighborhood. Just five blocks from the world-famous Forsyth Park, this property sits in a desirable area known for its proximity to Savannah’s top attractions, including SCAD, boutique shopping, fine dining, and vibrant cultural landmarks. As the neighborhood continues to grow, so does the potential for even greater property value appreciation in the future.
With its turn-key status, stable occupancy, and an unbeatable location near the heart of Savannah’s thriving downtown, this quadplex is a perfect investment for those looking to capitalize on immediate rental income while positioning themselves for long-term growth in one of the city’s most desirable areas. Whether you're an experienced investor seeking reliable returns or a developer looking to tap into the booming Savannah real estate market, this property offers a unique opportunity you won’t want to miss.
The property's historic charm, featuring hardwood floors and modern updates, makes it an appealing choice for tenants seeking a blend of old-world beauty and contemporary living. The 100% occupancy rate reflects the high demand in this thriving area, where rental opportunities are scarce, ensuring that your investment will generate steady income with minimal vacancy risk.
Investors will also appreciate the significant financial advantage of a tax abatement until 2025, enhancing the property’s profitability by reducing operating expenses in the near term. This financial buffer allows for greater flexibility in managing and reinvesting profits, whether to grow your portfolio or improve the property further.
Developers will find added value in the property’s prime location within a rapidly appreciating neighborhood. Just five blocks from the world-famous Forsyth Park, this property sits in a desirable area known for its proximity to Savannah’s top attractions, including SCAD, boutique shopping, fine dining, and vibrant cultural landmarks. As the neighborhood continues to grow, so does the potential for even greater property value appreciation in the future.
With its turn-key status, stable occupancy, and an unbeatable location near the heart of Savannah’s thriving downtown, this quadplex is a perfect investment for those looking to capitalize on immediate rental income while positioning themselves for long-term growth in one of the city’s most desirable areas. Whether you're an experienced investor seeking reliable returns or a developer looking to tap into the booming Savannah real estate market, this property offers a unique opportunity you won’t want to miss.
PROPERTY FACTS
| Price | $1,909,806 CAD | Building Class | B |
| Price Per Unit | $477,452 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 3,504 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Low-Rise | ||
| Zoning | TN-1 - TN1- TRADITIONAL NEIGHBORHOOD-1 | ||
| Price | $1,909,806 CAD |
| Price Per Unit | $477,452 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 3,504 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | TN-1 - TN1- TRADITIONAL NEIGHBORHOOD-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Family Room
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 4 | - | - |
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 2006601002 | Improvements Assessment | $483,479 CAD |
| Land Assessment | $38,109 CAD | Total Assessment | $521,588 CAD |
PROPERTY TAXES
Parcel Number
2006601002
Land Assessment
$38,109 CAD
Improvements Assessment
$483,479 CAD
Total Assessment
$521,588 CAD
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Whitaker Multi Family | 1313 Whitaker St
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