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5013 Ogeechee Road

Savannah, GA 31405
  • $2,200,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 280186
UPDATED: 35 min ago
$2,200,000
  • 25
    BEDS
  • 2.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,432
    SQFT
  • $261
    $/SQFT
Type:
Commercial
Built:
1952
County:
Area:

School Ratings & Info

Description

Rare opportunity & priced to sell quickly! Income producing property surrounded by growth and development near Berwick & Chatham Parkway areas. 25 fully furnished 1 bedroom 1 bath apartments currently rented on a weekly basis with HARD TO OBTAIN commercial motel licensing. Currently they have several long term tenants. @ 100% Occupancy the yearly gross income is $337,740. Each unit has a private kitchen and bath. This is not a rooming house. Most units are Studio style apartments renting at $270/week. Coin operated washers/dryers, storage containers & other buildings are included. Well maintained property with nearly new roofs, private wells and more. Well loved family owned business. No flood insurance, no city taxes, no water bills!

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© 2022 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners. Real estate listings held by brokerage firms other than Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-04T16:07:56.727.

www.heathermurphysold.com/homes/134651652
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5013 Ogeechee Road Savannah, GA 31405

  • Price: $2,200,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 35 min ago
  • MLS #: 280186
25
Beds
0
Baths
0
½ Baths
2.43
Acres
8,432
SQFT
$261
$/SQFT
1952
Built
County:
Chatham
Area:
Savannah
Property Description
Rare opportunity & priced to sell quickly! Income producing property surrounded by growth and development near Berwick & Chatham Parkway areas. 25 fully furnished 1 bedroom 1 bath apartments currently rented on a weekly basis with HARD TO OBTAIN commercial motel licensing. Currently they have several long term tenants. @ 100% Occupancy the yearly gross income is $337,740. Each unit has a private kitchen and bath. This is not a rooming house. Most units are Studio style apartments renting at $270/week. Coin operated washers/dryers, storage containers & other buildings are included. Well maintained property with nearly new roofs, private wells and more. Well loved family owned business. No flood insurance, no city taxes, no water bills!
Exterior Features

Exterior Features Fence Fencing Privacy Parking Total 28 Road Frontage Type Private Road Road Surface Type Gravel

Interior Features

Accessibility Features Low Threshold Shower Appliances CooktopElectric Water HeaterGas Water HeaterMicrowaveOvenRangeRefrigeratorRange Hood Common Walls 2+ Common Walls Cooling ElectricGasOtherWall Unit(S)Window Unit(S) Cooling YN Yes Flooring Ceramic TileOther Heating ElectricOtherWindow UnitWall Furnace Heating YN Yes

Property Features

Association YN No Community Features Street Lights Current Use Hotel/Motel Exclusions TractorsTools And Additional Fixtures Are Negotiable Depending On Offer Land Lease YN No Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional1031 ExchangeOwner Will CarryOther Other Structures OutbuildingOtherShed(S) Owner Pays Common Area MaintenanceElectricityGasInsuranceManagementOtherTaxesTrash Collection Property Attached YN Yes Property Sub Type Hotel/Motel Security Features Other Sewer Septic Tank Tax Annual Amount 5817 Tax Year 2021 Utilities Cable AvailableUnderground Utilities Water Source PrivateWell Zoning Description CommercialSingle Family

Listing courtesy of Amber Williams of Re/Max Savannah: (912) 355-7711. © 2022 Savannah Multi-List Corporation. All rights reserved.


© 2022 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners. Real estate listings held by brokerage firms other than Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-04T16:07:56.727.

 
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Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners
329 Commercial Drive Suite 100
Savannah GA, 31406