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224 Houston Street

Savannah, GA 31401
  • $5,950,000
  • STATUS: Active Under Contract
  • ON SITE: 144 Days
  • MLS #: 314575
Under Contract
UPDATED: 207 min ago
$5,950,000
  • 15
    BEDS
  • 0.12
    ACRES
  • 15
    BATHS
  • 0
    1/2 BATHS
  • 9,954
    SQFT
  • $598
    $/SQFT
Type:
Multi-Family
Built:
1935
County:
Area:

School Ratings & Info

Description

Unlock a lucrative opportunity with The Present Hotel, a prized asset for sale in Savannah. Nestled in the coveted Landmark Historic District facing directly on Crawford Square, this 15 unit boutique gem boasts stellar financial performance with annual gross earnings exceeding $950,000. Designed by award winning designer, Elizabeth Demos, and extensively renovated in 2018, each uniquely curated room exudes character, offering guests a blend of historic charm and modern comfort. With its proven track record of success, including robust financials and a loyal clientele, The Present Hotel presents a rare chance to invest in a thriving hospitality business. Don't miss your chance to own Savannah's most unique boutique hotel. Features include updated plumbing, electrical, and in-room controlled high efficient heat and AC, in addition to thoughtfully designed amenities, including a gorgeous courtyard and espresso station. Supplemental videos, pictures and financials available on request.

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© 2024 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: 2024-12-08T00:08:04.957.

www.teresacowartteam.com/homes/152650914
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224 Houston Street Savannah, GA 31401

  • Price: $5,950,000
  • Status: Active Under Contract
  • On Site: 144 Days
  • Updated: 207 min ago
  • MLS #: 314575
15
Beds
15
Baths
0
½ Baths
0.12
Acres
9,954
SQFT
$598
$/SQFT
1935
Built
County:
Chatham
Area:
Savannah
Property Description
Unlock a lucrative opportunity with The Present Hotel, a prized asset for sale in Savannah. Nestled in the coveted Landmark Historic District facing directly on Crawford Square, this 15 unit boutique gem boasts stellar financial performance with annual gross earnings exceeding $950,000. Designed by award winning designer, Elizabeth Demos, and extensively renovated in 2018, each uniquely curated room exudes character, offering guests a blend of historic charm and modern comfort. With its proven track record of success, including robust financials and a loyal clientele, The Present Hotel presents a rare chance to invest in a thriving hospitality business. Don't miss your chance to own Savannah's most unique boutique hotel. Features include updated plumbing, electrical, and in-room controlled high efficient heat and AC, in addition to thoughtfully designed amenities, including a gorgeous courtyard and espresso station. Supplemental videos, pictures and financials available on request.
Exterior Features

Construction Materials Brick

Interior Features

Appliances Electric Water Heater Cooling Central Air Electric Cooling YN Yes Heating Central Electric Heating YN Yes

Property Features

Association YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional1031 Exchange Property Attached YN No Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 10779 Tax Year 2023 Water Source Public Waterfront YN No

Listing courtesy of Taavo Roos of Seabolt Real Estate: (912) 233-6609. © 2024 Savannah Multi-List Corporation. All rights reserved.


© 2024 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: 2024-12-08T00:08:04.957.

 
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