213 Chippewa Drive, Savannah, GA 31406
COMMERCIAL - Savannah, GA
Property Features for 213 Chippewa Drive
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
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.
Key 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.
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
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 31406, GA
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