Listed by Cushman & Wakefield - Savannah, Georgia
$6,500,000
207 W. Broughton
Details
APN 2001625003
Property Type Mixed Use, Multifamily
Sub Type Bar, Restaurant
Square Footage 10,800
Net Rentable (SqFt) 10,800
Units 4
Cap Rate 5.08%
NOI $330,348
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $602
Broker Co-Op Yes
Class A
Year Built 1870
Year Renovated 2020-2023
Buildings 1
Stories 4
Lot Size (SqFt) 2,700
Zoning D-CBD
Investment Type Stabilized
Sale Condition 1031 exchange
Mixed Use | 5.08% CAP | 10,800 SF
Marketing description
Mixed-Use Investment Opportunity on Historic Savannah’s Primary Retail Corridor, Broughton Street
4-unit Building with 2 Food & Beverage Tenants and 2 STVR Units
Alley Cat Lounge has been a successful business in the building 2016 and Dottie’s Kitchen is a local favorite dine in and grab and go restaurant.
The 2 STVR units are among the nicest in the Historic District. The owner is in the process of transitioning management and expects net incomes to increase significantly.
This is a rare opportunity to benefit from locked in rent from the Basement and Ground Floor units and the upside of the STVR units.
Listing Contacts
Listed by Cushman & Wakefield - Savannah, Georgia
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$330,348.00
$27,529.00/mo
Valuation Metrics
0
DSCR
5.08%
Cap Rate
5.08%
ROI
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