213 Chippewa Drive, Savannah, GA 31406
COMMERCIAL - Savannah, GA
- Added:
- May 1, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 21 at 9:06 am
Property Features for 213 Chippewa Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 20531 01022
- Size
- 2,072 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 24
- Tax Annual Amount
- 5262
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1958
- Building materials
- Brick
Listing agent Kadeem Simon License #434023 (912) 415-1520
Listing office eXp Realty 1372 Peachtree St NE, Atlanta, GA (888) 959-9461
Listing date May 1, 2026
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income‑producing asset currently utilized as a personal care home.
- Ideal for investors, owner‑operators, or healthcare entrepreneurs.
- Set up for operational use with resident rooms, common areas, and kitchen.
- Potential for upside through stabilized occupancy and operational growth.
- Unique opportunity in an established Savannah location.
- Brick construction.
Overview
Located in Savannah, Georgia (Chatham County), the property sits on a 0.29-acre lot. With 2,072 square feet, the layout supports shared living areas alongside private resident rooms. Business and financial information may be available to qualified buyers upon request.
This asset is best suited to investors or healthcare entrepreneurs seeking a property already oriented toward personal care operations. Buyers may choose to continue the current use under an appropriate operator, or consider a repositioning strategy aligned with their operating model. Showings are by appointment only, and residents, staff, or current operations should not be disturbed.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.5k | $19.08 |
| − Vacancy | −$2.5k | −$1.20 |
| EGI | $37.0k | $17.88 |
| − OpEx | −$16.7k | −$8.05 |
| NOI | $20.4k | $9.83 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Compassus — 450 Mall Blvd A, Savannah, GA 31406
- PruittHealth Hospice — 9100 White Bluff Rd STE 305, Savannah, GA 31406
- Georgia Hospice Care — 7130 Hodgson Memorial Dr Suite 201, Savannah, GA 31406
- Sunabella Senior Living — 231 W Montgomery Cross Rd, Savannah, GA 31406
- Marlans Silver Lining Agency — 315 Commercial Dr Ste A7, Savannah, GA 31406
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.116033
- Latitude
- 31.997799
