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923 E Park Ave - 923 E Park Avenue 4 Unit Apartment Building Offered at $1,916,698 CAD Savannah, GA 31401

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Executive Summary

Incredible investment opportunity in Savannah’s Eastern Victorian District surrounded by stately historic homes. Architecturally impressive corner lot property featuring TWO historic apartment buildings plus a detached brick storage building. Each building contains two apartments for a total of four residences including three 3 bedroom 1 bath units and one 2 bedroom 1 bath unit. Meticulously maintained and thoughtfully improved over time. Solid brick and stucco construction with beautiful historic character throughout including original heart pine floors, decorative fireplaces, original doors and moldings, and clawfoot tubs. Each apartment includes a spacious private storage unit. Large light filled apartments are bright airy and well equipped with appliances and modern conveniences. Freshly painted inside and out with updated lighting ceiling fans and window blinds. Each unit features private front and rear porches. All units separately metered for electric and water. Shady, secure landscaped backyard oasis and off street parking for each apartment. Strong rent roll with long term tenants in place producing over $100,000 annually. Located exactly one mile from Forsyth Park within walking distance to the new Laundry Diner with convenient access to Downtown Savannah and the Victory Drive shopping district.

Rent Roll

923 E Park Improvements (1)

Property Facts

Price	$1,916,698 CAD	Lot Size	0.16 AC
Price Per Unit	$479,175 CAD	Building Size	5,670 SF
Sale Type	Investment	No. Stories	2
No. Units	4	Year Built	1915
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,916,698 CAD
Price Per Unit	$479,175 CAD
Sale Type	Investment
No. Units	4
Property Type	Multifamily
Lot Size	0.16 AC
Building Size	5,670 SF
No. Stories	2
Year Built	1915
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.