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

733 W 52nd Street, Savannah, GA 31405

Savannah, GA

Property Size6,911 SF
Lot Size0.49 Acres
Price / SF$629.43
Days on Market12

Property Features for 733 W 52nd Street

General Information

Property type Commercial Sale
Property subtype Single Family Attached
Standard status Active
Size 6,911 SF
Lot size 0.49 Acres

Amenities

gated entry
surveillance cameras
keyless unit entry
privacy fence
laundry room
Starlink internet

Building Details

Year built 1955
Listing Agency: Engel & Volkers Savannah · Engel & Völkers
Listed By: Darren Bagley-Heath · License #368116
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 27 at 1:06PM
MLS# SA361950

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The Greys is a 19-unit apartment complex comprising four buildings on 0.49 acres. Built in 1955 as a Green Book motel, the property was renovated in 2026 and retains its vintage exterior character while providing furnished studio, 1 BD/1BA, and 1 BD/2BA apartments. Units feature full-size kitchens with granite counters and stainless steel appliances, contemporary furnishings, built-in storage, blackout curtains, LVP flooring, tile bathrooms, and private courtyards in select units. The property includes parking for 21 vehicles, a digital-pay laundry room, Starlink WiFi, gated access, surveillance cameras, keyless entry, fire protection systems, and in-unit sprinklers.

The complex is located at 733 W 52nd Street in Savannah's mid-town area, 0.5 miles from the SCAD Industrial Design Complex and Gulfstream Center for Design. Starland Art District is 1.2 miles away, while Savannah's Landmark District is 1.8 miles from the property. Access to Rt 516 and Rt 16 is 1.6 miles and 1.4 miles, respectively. The property is fully leased with a waiting list, and lease terms range from 3 to 12 months.

Key Highlights

  • 19‑unit apartment complex across four buildings on 0.49 acres
  • Renovated in 2026 with furnished studios, 1 BD/1BA, and 1 BD/2BA units
  • Parking for 21 vehicles and a digital‑pay laundry room

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Real Estate Agency 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
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Gated, all-inclusive mid-term rental community with modern interiors, security systems, and on-site laundry.
Where is this apartment building located?
The property is located at 733 W 52nd Street 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 four buildings on 0.49 acres; Renovated in 2026 with furnished studios, 1 BD/1BA, and 1 BD/2BA units; Parking for 21 vehicles and a digital‑pay laundry room
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message