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20071776
20071764

816 Drayton St, Savannah, GA 31401

BF
GA GA 416596
Keller Williams Coastal Area Partners
Listed by Keller Williams Coastal Area Partners
$4,225,000
624 days on market
Updated 51 days ago

816-818 Drayton

Details
APN 20044 13038
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,349
Net Rentable (SqFt) 11,349
Units 14
Cap Rate 7.00%
Class A
Year Built 1896
Buildings 1
Stories 3
Acreage 0.140
Zoning TN-1 — Traditional Neighborhood-1

14 Unit Apartment Building - Prime Location Forsyth Park

Marketing description

Situated on the prestigious Forsyth Park, 816-818 Drayton St offers an incredible investment opportunity in Savannah’s most coveted location. This historic building features 14 units spanning 11,349 square feet on .14 acres. With a perfect blend of old-world charm and modern conveniences, this property is ideal for residents seeking the quintessential Savannah lifestyle.

The building includes 10 one-bedroom units and 4 three-bedroom units, many with porches that provide stunning views of Forsyth Park. Each unit features hardwood floors, modern kitchens with updated appliances, and thoughtful renovations that enhance its historic appeal.

Currently at 100% occupancy. Positioned next to The Mansion on Forsyth, this property is particularly attractive to SCAD students, professionals, and those drawn to the vibrant Victorian Historic District.

Residents will enjoy the convenience of being within walking distance to shopping, dining, SCAD, and the many amenities Forsyth Park has to offer, including tennis courts, basketball courts, and the weekly farmers market.

Investment highlights

  1. Premier Location on Forsyth Park – Situated in Savannah’s most coveted area, directly on Forsyth Park.

  2. 14-Unit Historic Property – A mix of 10 one-bedroom and 4 three-bedroom units, perfect for various tenant needs.

  3. Porches with Park Views – Several units feature porches with serene views of Forsyth Park, adding to their charm and appeal.

  4. Modern Kitchens and Appliances – Each unit is equipped with updated kitchens and modern appliances, blending convenience with style.

  5. Hardwood Floors Throughout – Original hardwood floors maintain the property’s historic character.

  6. Located Near SCAD – Minutes from Savannah College of Art and Design, making it highly desirable for students and faculty.

  7. Proximity to Downtown Shopping and Dining – Walking distance to Savannah’s finest restaurants, shops, and entertainment venues.

  8. Close to Major Hospitals – Ideal for medical professionals, with easy access to Savannah’s top hospitals.

  9. Turnkey Investment Opportunity – A rare find in a growing rental market, perfect for investors looking for strong ROI and long-term value.

Listing Contacts

BF
GA GA 416596
Keller Williams Coastal Area Partners
Listed by Keller Williams Coastal Area Partners

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Additional Information

Name
Brandon Fargo
License
GA 416596
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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