$5,250,000
$5,950,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
15 Beds
15 Baths
9,954 SqFt
SOLD DATE : 04/11/2025
Key Details
Sold Price $5,250,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,954 sqft
Price per Sqft $527
MLS Listing ID 314575
Sold Date 04/11/25
Bedrooms 15
Full Baths 15
HOA Y/N No
Year Built 1935
Tax Year 2023
Contingent Due Diligence
Lot Size 5,401 Sqft
Acres 0.124
Property Sub-Type Multi Family
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.
Location
State GA
County Chatham
Zoning RIPA
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Appliance Electric Water Heater
Exterior
Water Access Desc Public
Building
Story 4
Sewer Public Sewer
Water Public
Others
Tax ID 2001407003
Ownership Investor
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with AHR Commercial