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19-Unit Furnished Apartment Complex
For Lease
$4,350,000

733 W 52nd St, Savannah, GA 31405

Gated, fully furnished complex with studio and one-bedroom apartments designed for mid-term occupancy.

Space SizeContact for details
Lot Size0.49 Acres
Days on Market8

Property Features for 733 W 52nd St

General Information

Standard status Active
Total Parking Spaces 21
Lot size 0.49 Acres
Property subtype Commercial
Zoning TB
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Sprinkler System Yes

Amenities

gated entry
surveillance cameras
keyless unit entry
privacy fence
smoke & carbon dioxide detectors
fire alarm system
in-unit sprinklers
Starlink internet hub
laundry room

Building Details

Year Built 1955
Year Renovated 2026
Tenancy Multi
Listing Agency: Engel & Volkers
Listed By: Darren Bagley-Heath () · License #368116
Source: Beachandforestrealty
Added: Aug 20 Changed: Aug 25 Last Checked: Aug 26 at 9:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Volkers

Investment Insights

Based on property information with market context.

The Greys @ 52nd is a four-building apartment complex with 19 furnished units across 0.49 acres. The property includes studio, one-bedroom/one-bath, and one-bedroom/two-bath layouts, with select apartments offering private courtyards. Interiors feature full-size kitchens with granite counters and stainless steel appliances, built-in work and dining surfaces, storage, mounted televisions, ceiling fans, recessed lighting, LVP flooring, tile bathrooms, and blackout curtains. The property was originally built in 1955 as the Brayboy Hotel and retains its mid-century exterior character following renovation.

Gated access, surveillance cameras, keyless entries, a privacy fence, fire and life-safety systems, and in-unit sprinklers serve the complex. Eight gas-powered tankless water heaters on four meters support the buildings, while a digital-pay laundry room and Starlink internet hub provide additional amenities. The property includes parking for 21 vehicles and is zoned TB.

The address is 0.5 miles from the SCAD Industrial Design Complex and Gulfstream Center for Design, 1.2 miles from the Starland Art District, and 1.8 miles from Savannah’s Landmark District. Routes 516 and 16 are 1.6 miles and 1.4 miles away, respectively.

Key Highlights

  • 19‑unit apartment complex across four buildings on 0.49 acres
  • Fully furnished studio, 1 BD/1BA, and 1 BD/2BA apartments
  • Parking for 21 vehicles with gated entry

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Pharmacy Real Estate Agency Dental Office Electrical Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Gated, fully furnished complex with studio and one-bedroom apartments designed for mid-term occupancy.
Where is this apartment building located?
The property is located at 733 W 52nd St Savannah, GA.
What is the lease rate?
The lease rate is $4,350,000.
What are key features of this property?
This property features: 19‑unit apartment complex across four buildings on 0.49 acres; Fully furnished studio, 1 BD/1BA, and 1 BD/2BA apartments; Parking for 21 vehicles with gated entry
More about this property
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