Skip To Content

12220 Apache Avenue

Savannah, GA 31419
  • $6,500,000
  • STATUS: Active Under Contract
  • ON SITE: 31 Days
  • MLS #: 287642
Under Contract
UPDATED: 48 min ago
$6,500,000
  • 192
    BEDS
  • 5.7
    ACRES
  • 144
    BATHS
  • 0
    1/2 BATHS
  • 61,320
    SQFT
  • $106
    $/SQFT
Type:
Multi-Family
Built:
2006
County:
Area:

School Ratings & Info

Description

This four building, 72 unit apartment complex is located in a prime area on the south side. The complex is made up of 48, 2BR/1BA units and 24 4BR/4BA units. The two bedroom units are in three buildings adjacent to each other and they were built in 1990. The four bedroom units are in one building that was built in 2006. These were being used as student dorms/apartments for AASU then GSU. Since COVID the demand for on campus housing had reduced and the owner has now decided to place them up for sale. At current you must cross the GSU parking lot from Apache ave to access the complex. Dedicated ingress/egress maybe possible. There is no requirements that it has to be leased to students. Currently there are many units leased to non-students. Updated pics of the 2BR/1BA buildings coming soon.

Monthly Payment Calculator



© 2023 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 Teresa Cowart Team | RE/MAX Accent. Real estate listings held by brokerage firms other than Teresa Cowart Team | RE/MAX Accent 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: 2023-06-04T00:08:08.417.

www.teresacowartteam.com/homes/139174072
Print Image

12220 Apache Avenue Savannah, GA 31419

  • Price: $6,500,000
  • Status: Active Under Contract
  • On Site: 31 Days
  • Updated: 48 min ago
  • MLS #: 287642
192
Beds
144
Baths
0
½ Baths
5.7
Acres
61,320
SQFT
$106
$/SQFT
2006
Built
County:
Chatham
Area:
Savannah
Property Description
This four building, 72 unit apartment complex is located in a prime area on the south side. The complex is made up of 48, 2BR/1BA units and 24 4BR/4BA units. The two bedroom units are in three buildings adjacent to each other and they were built in 1990. The four bedroom units are in one building that was built in 2006. These were being used as student dorms/apartments for AASU then GSU. Since COVID the demand for on campus housing had reduced and the owner has now decided to place them up for sale. At current you must cross the GSU parking lot from Apache ave to access the complex. Dedicated ingress/egress maybe possible. There is no requirements that it has to be leased to students. Currently there are many units leased to non-students. Updated pics of the 2BR/1BA buildings coming soon.
Exterior Features

Architectural Style Other Carport Spaces 0 Carport YN No Construction Materials BrickStucco Fencing Chainlink Foundation Details Slab Garage YN No Parking Features Parkinglot Road Frontage Type Privateroad Road Surface Type Asphalt Roof Asphalt

Interior Features

Accessibility Features OtherAccessibledoors Appliances SomeelectricappliancesElectricwaterheaterOvenRangeRefrigerator Basement None Basement YN No Common Walls Item1CommonWall Cooling CentralairElectric Cooling YN Yes Flooring Vinyl Heating CentralElectric Heating YN Yes Interior Features Ceilingfans Laundry Features Other

Property Features

Association YN No Community Features StreetlightsSidewalks Horse YN No Inclusions Alarm-Smoke/FireCeiling FansRefrigerator Land Lease Amount 0 Land Lease YN No Lease Assignable YN No Listing Agreement Exclusiverighttosell Listing Terms CashConventionalItem1031exchange Lot Features CitylotPublicroad New Construction YN No Number Of Pads 150 Number Of Units In Community 72 Other Structures Other Property Attached YN No Property Sub Type Multifamily Sewer Publicsewer Special Listing Conditions Standard Tax Annual Amount 0 Tax Year 2022 Tenant Pays CabletvElectricitySewerWater Utilities CableavailableUndergroundutilities Water Source Public Waterfront YN No Zoning Description Multi Family

Listing courtesy of H. George Meyers of Mia Madison Properties: 912-495-7454. © 2023 Savannah Multi-List Corporation. All rights reserved.


© 2023 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 Teresa Cowart Team | RE/MAX Accent. Real estate listings held by brokerage firms other than Teresa Cowart Team | RE/MAX Accent 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: 2023-06-04T00:08:08.417.

 
https://bt-photos.global.ssl.fastly.net/savannah/orig_boomver_1_287642-2.jpg https://bt-photos.global.ssl.fastly.net/savannah/orig_boomver_1_287642-2.jpg https://bt-photos.global.ssl.fastly.net/savannah/orig_boomver_1_287642-2.jpg
Logo
Teresa Cowart Team | RE/MAX Accent
17 Richard Davis Road
Richmond Hill GA, 31324