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April & Cameron

aprillynnf@gmail.com +1(706) 988-8310

Listed by Re/Max Savannah

$ 2,000,000

Est. payment | -/mo

25 Beds

25 Baths

8,432 SqFt

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$ 2,000,000

Est. payment | -/mo

Save Virtual Tour

25 Beds

25 Baths

8,432 SqFt

Key Details

Property Type Other Types

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,432 sqft

Price per Sqft $237

MLS Listing ID SA358865

Bedrooms 25

Full Baths 25

HOA Y/N No

Year Built 1952

Tax Year 2025

Lot Size 2.426 Acres

Acres 2.426

Property Sub-Type Hotel/Motel

Property Description

Rare opportunity to acquire a 25-unit extended-stay motel/apartment complex with significant income potential on highly visible Ogeechee Rd/Hwy US-17. Situated on approximately 2.43 acres with commercial road frontage, this well established, family owned property consists of 25 fully furnished one-bedroom, one-bathroom units. Each unit features a private entrance, private bath and a fully equipped kitchen with full sized refrigerator. All furnishings convey with the sale. Potential gross income exceeds $373,000 annually based on weekly rental rate model at full occupancy, or approximately $357,000 annually as monthly rentals. Currently there is a mixture of weekly, biweekly, and monthly tenants, many whom are well established, long term residents. A minimum six month stay is required. Operational advantages include private wells resulting in no water bills, no city taxes, and no flood insurance requirement. A current motel business license is in place. Conveniently located near Berwick Community, Chatham Parkway, major employers, shopping, dining, and easy interstate access/transportation routes. This income producing property offers both immediate cash flow and long term appreciation potential. Positioned in a rapidly growing area, the property is surrounded by ongoing, residential, commercial, and infrastructure development, creating future opportunities for increased demand, rental growth, and overall property appreciation.. Some furnishings in photographs may have been replaced and are subject to change.

Location

State GA

County Chatham

Zoning AT

Interior

Heating Electric, Gas, Other, Wall Furnace

Cooling Electric, Window Unit(s)

Furnishings Furnished

Fireplace No

Appliance Electric Water Heater, Gas Water Heater

Exterior

Exterior Feature Fence, Other

Fence Privacy

Water Access Desc Private,Well

View Panoramic

Roof Type Asphalt,Composition,Metal,Other

Present Use Hotel/Motel,Mobile Home,Residential,Single Family

Accessibility Low Threshold Shower

Total Parking Spaces 30

Building

Story 1

Entry Level One

Foundation Concrete Perimeter, Other, Raised

Water Private, Well

Level or Stories One

Additional Building Outbuilding, Other, Shed(s), Storage

Others

Tax ID 1095603008

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/sav/SA358865

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(706) 988-8310

aprillynnf@gmail.com

3730 Village Way STE 160, Braselton, Georgia, 30517, USA

5013 Ogeechee RD Savannah, GA 31405

April & Cameron

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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5013 Ogeechee RD