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Renovated Furnished Apartment Complex
For Sale
$4,350,000

733 W 52nd St, Savannah, GA 31405

Gated, fully furnished apartments offer flexible mid-term leases with contemporary interiors and integrated access, safety, and operating systems.

Property Size6,911 SF
Lot Size0.49 Acres
Price / SF$629.43
Days on Market22

Property Features for 733 W 52nd St

General Information

Standard status Active
Size 6,911 SF
Total Parking Spaces 21
Lot size 0.49 Acres
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Furnished Yes
Sprinkler System Yes
Multifamily Units 19

Amenities

gated entry
built-ins
full-size kitchens
mounted TVs
ceiling fans
recessed lighting
LVP flooring
tile bathrooms
blackout curtains
foam insulation
double-pane windows
mini-split air conditioning
tankless water heaters
laundry room
WiFi
surveillance cameras
keyless unit entry
privacy fence
smoke and carbon dioxide detectors
fire alarm system
private courtyards

Building Details

Year Built 1955
Buildings 4
Construction mid-century
Tenancy Multi
Listing Agency: Engel & Volkers
Listed By: Darren Bagley-Heath · License #368116
Source: Exprealty
Added: Aug 17 Changed: Sep 6 Last Checked: Sep 6 at 2:58PM

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 is a four-building apartment complex with 19 furnished units across studio, one-bedroom/one-bath, and one-bedroom/two-bath layouts. Renovated interiors feature full-size kitchens with granite countertops and stainless steel appliances, built-in work and storage elements, contemporary furnishings, LVP flooring, tiled bathrooms, recessed lighting, ceiling fans, mounted televisions, and blackout curtains. Select apartments include private courtyards. The property retains its mid-century exterior character while incorporating foam insulation, double-pane windows, mini-split air conditioning, individually metered electricity, and eight gas-powered tankless water heaters serving the complex.

A gated entrance, 21 parking spaces, surveillance cameras, keyless entry, perimeter fencing, fire alarms, smoke and carbon monoxide detectors, and in-unit sprinklers support day-to-day operations. A digital-pay laundry room and Starlink internet hub serve the property. Lease terms range from 3 to 12 months, and the apartments are fully leased with a waiting list.

The property occupies 0.49 acres in Savannah’s mid-town area, 0.5 miles from the SCAD Industrial Design Complex and Gulfstream Center for Design. It is 1.2 miles from the Starland Art District, 1.8 miles from Savannah’s Landmark District, 1.6 miles from Rt 516, and 1.4 miles from Rt 16.

Key Highlights

  • 19‑unit apartment complex across 4 buildings
  • 0.49‑acre site with parking for 21 vehicles
  • Studio, 1 BD/1BA, and 1 BD/2BA furnished apartments

Property Analytics

Current Use

Apartment buildings

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

19
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Utilities to site

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 apartments offer flexible mid-term leases with contemporary interiors and integrated access, safety, and operating systems.
Where is this apartment building located?
The property is located at 733 W 52nd St Savannah, GA.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 19‑unit apartment complex across 4 buildings; 0.49‑acre site with parking for 21 vehicles; Studio, 1 BD/1BA, and 1 BD/2BA furnished apartments
More about this property
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