25-Unit Extended-Stay
For Sale
$2,000,000
5013 Ogeechee Road, Savannah, GA 31405
Commercial Sale, Savannah, GA
Property Size8,432 SF
Lot Size2.43 Acres
Price / SF$237.19
Days on Market120
Property Features for 5013 Ogeechee Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
AT
Bedrooms
25
Bathrooms
25
Full bathrooms
25
Rooms
Bathroom 23, Bedroom 1, Bathroom 17, Bathroom 19, Bathroom 14, Bathroom 15, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 7, Bathroom 25, Bathroom 6, Bathroom 12, Bedroom 6, Bathroom 9, Bedroom 24, Bathroom 20, Bedroom 12, Bedroom 21, Bedroom 22, Bedroom 8, Bedroom 16, Bathroom 10, Bedroom 17, Bathroom 24, Bedroom 5, Bathroom 16, Bedroom 11, Bedroom 7, Bedroom 15, Bedroom 23, Bedroom 9, Bedroom 13, Bedroom 18, Bathroom 5, Bedroom 25, Bedroom 19, Bedroom 20, Bathroom 4, Bedroom 3, Bedroom 14, Bedroom 4, Bathroom 21, Bathroom 22, Bathroom 18, Bedroom 10, Bathroom 11, Bathroom 13, Bathroom 8, Bathroom 2
Parking
30
Exterior features
Fence
Fencing
Fenced, Privacy
Appliances
Electric Water Heater, Gas Water Heater
Directions
E Derenne Ave to GA-21/I-516 W, take exit 2 Veteran's Pkwy, Take Chatham Parkway exit follow signs to US-17, Turn Left on US-17/Ogeechee Rd. Property on left 1.5 miles with Red/rust colored privacy fence. Laurel Lodge sign
Standard status
Active
APN
1095603008
Size
8,432 SF
Lot size
2.43 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 3 LAUREL LODGE SUB
Tax Annual Amount
5762
Legal Description
LOT 3 LAUREL LODGE SUB
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas, Wall Furnace, Electric (Heating)
Cooling system
Electric, Window Unit(s)
Water source
Private, Well
Building Details
Year built
1952
Floors in Building
1
Building materials
Brick, Frame, Concrete, Vinyl Siding, Wood Siding
Roof type
Metal, Asphalt, Composition
Additional Structures
Outbuilding
Listing Agency:
Re/Max Savannah · RE/MAX International
(912) 355-7711
Listed By:
Amber Williams · License #243989
(912) 660-2848
Added: Jun 23
Changed: Oct 20
Last Checked: Oct 20 at 12:06PM
MLS# SA358865
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 5013 Ogeechee Road in Savannah, this 1952-built motel property includes 25 furnished one-bedroom, one-bathroom units within 8,432 square feet. Each unit has its own entrance, private bathroom, and full kitchen with a full-sized refrigerator, and the furnishings convey with the sale. A current motel business license is in place, and a minimum six-month stay is required.
The property occupies approximately 2.426 acres along Ogeechee Road and US-17, with access to interstate transportation routes, Chatham Parkway, Berwick Community, major employers, shopping, and dining. The site uses private well water and a septic tank, and zoning is AT. Additional physical features include privacy fencing, mixed brick, frame, concrete, and siding construction, and a combination of metal, composition, and asphalt roofing.
The property occupies approximately 2.426 acres along Ogeechee Road and US-17, with access to interstate transportation routes, Chatham Parkway, Berwick Community, major employers, shopping, and dining. The site uses private well water and a septic tank, and zoning is AT. Additional physical features include privacy fencing, mixed brick, frame, concrete, and siding construction, and a combination of metal, composition, and asphalt roofing.
Key Highlights
- 25 furnished one‑bedroom, one‑bathroom units
- 8,432 square feet on approximately 2.426 acres
- Private entrance, bathroom, and full kitchen in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,911
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,658,220
$1.7M
Cap Rate 7%
$1,184,443
$1.2M
Cap Rate 9%
$921,233
$921.2K
Market Conditions
NOI Build-Up for 8,432 SF
Gross rent
$160.9K $19.08/SF
− Vacancy
−$10.1K −$1.20/SF
EGI
$150.7K $17.88/SF
− OpEx
−$67.8K −$8.05/SF
NOI
$82.9K $9.83/SF
Area
Savannah, GA
Vacancy
6.30%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,658,220
Cap Rate 7%
$1,184,443
Cap Rate 9%
$921,233
Alternative Uses
Best Use
Apartment 5plus
$1.18M
$1.04M – $1.38M
NOI $82,911 @ 7.0% cap · market cap 4.15%
Second Best
Hotel Hospitality
$1.08M
$941.0K – $1.25M
NOI $75,278 @ 7.0% cap · market cap 3.76%
Theoretical Best
Warehouse
$7.88M
$6.90M – $9.19M
NOI $551,618 @ 7.0% cap · market cap 27.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
25
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31405, GA
38,069
Population
16,809
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
31.2 sq mi
ZIP Area
1,220
Density / Sq Mi
$62,123
Median Household Income
$35,836
Median Earnings
$1,431
Median Rent
$304,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Similar Off Market Nearby
- US-80, Savannah, GA, USA — Ogeechee Rd, Savannah, GA 31405
- Sandman Motel — 5015 Ogeechee Rd, Savannah, GA 31405
- Laurel Lodge Motel — 5013 Ogeechee Rd, Savannah, GA 31405
Frequently Asked Questions
What type of property is this?
Motel - Furnished one-bedroom units provide private entrances, kitchens, and bathrooms for longer-term occupancy.
Where is this motel located?
The property is located at 5013 Ogeechee Road Savannah, GA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 25 furnished one‑bedroom, one‑bathroom units; 8,432 square feet on approximately 2.426 acres; Private entrance, bathroom, and full kitchen in every unit
