1313 Whitaker St, Savannah, GA 31401
This fully occupied, four-unit apartment building in Savannah's Historic District presents a compelling investment opportunity. The 3,504 square foot property, built in 1900, boasts 100% occupancy, generating immediate cash flow. Each of the four units features three bedrooms and two bathrooms, appealing to a wide range of renters. Located just five blocks from Forsyth Park, the property benefits from its proximity to SCAD, shopping, dining, and other downtown attractions, ensuring high demand and low vacancy risk. The property's historic charm, combined with modern updates, creates a desirable living space. A tax abatement is in place until 2025, further enhancing profitability. Situated on a 0.05-acre lot, this Class B multifamily building is zoned TN-1 and offers significant potential for long-term appreciation in a rapidly growing neighborhood. The asking price is $1,650,000. This stabilized investment is a turnkey opportunity for investors seeking immediate returns and future growth in a prime Savannah location. The property's strong rental market and desirable location make it an exceptional addition to any portfolio. The two-story building is comprised of one building. The APN is 20066 01002.
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.