112 Waldburg St, Savannah, GA 31401
This exceptional investment opportunity presents a meticulously renovated, two-building, two-story apartment complex in Savannah, Georgia's historic district. Built in 1900 and completely renovated in 2024, this 7,500 square foot property comprises four units, each boasting a Non Owner Occupied STVR certificate, maximizing rental income potential. The property sits on a 0.12-acre lot and is zoned RIP. Current bookings are transferable, ensuring immediate cash flow for the new owner. The asking price is $3,590,000, translating to $897,500 per unit and $478.67 per square foot. Located steps from Forsyth Park, this property offers unparalleled access to Savannah's vibrant cultural scene, dining, and entertainment. The property's blend of historic charm and modern amenities creates a highly desirable rental experience. The entire building is available fully furnished. This is a rare opportunity to acquire a large-scale, high-performing STVR property in a prime Savannah location. The property's APN is 2004418004. This is an owner/user investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.