Description
A rare opportunity to purchase a turnkey, fully furnished Executive Corporate Rental currently renting 31+ day leases. This property consists of 6 units, totaling 11 bedrooms and 8 bathrooms generating aprox $16,250.00 monthly in gross rental. The units are completely furnished and they are leased out as corporate rentals of 30 days or more. The property underwent a total renovation starting late 2020 and into 2021 and is currently generating amazing ROI! New plumbing, electrical, 3 of the HVAC units, roof, drywall, cabinets, trim, tops and flooring. Decorated with tasteful and modern accents to provide a welcoming home to each tenant. Each unit has dedicated off street parking, outstanding location convenient to I 16, Starland district, coffee shops, casual restaurants in Starland Yard and upscale dining establishments such as La Scala, Common Thread and Cotton & Rye, also close to Forsyth park & SCAD. Amazing opportunity to invest in Savannah's thriving Corporate Rental market.
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11BEDS
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0.16ACRES
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8BATHS
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01/2 BATHS
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4,694SQFT
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$405$/SQFT
School Ratings & Info
Description
A rare opportunity to purchase a turnkey, fully furnished Executive Corporate Rental currently renting 31+ day leases. This property consists of 6 units, totaling 11 bedrooms and 8 bathrooms generating aprox $16,250.00 monthly in gross rental. The units are completely furnished and they are leased out as corporate rentals of 30 days or more. The property underwent a total renovation starting late 2020 and into 2021 and is currently generating amazing ROI! New plumbing, electrical, 3 of the HVAC units, roof, drywall, cabinets, trim, tops and flooring. Decorated with tasteful and modern accents to provide a welcoming home to each tenant. Each unit has dedicated off street parking, outstanding location convenient to I 16, Starland district, coffee shops, casual restaurants in Starland Yard and upscale dining establishments such as La Scala, Common Thread and Cotton & Rye, also close to Forsyth park & SCAD. Amazing opportunity to invest in Savannah's thriving Corporate Rental market.
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