224 Houston ST

Savannah,GA 31401

$ 5950000

15 Beds

15 Baths

9954 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,954 sqft

Price per Sqft $597

MLS Listing ID 314575

Bedrooms 15

Full Baths 15

Year Built 1935

Tax Year 2023

Lot Size 5,401 Sqft

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

Building

Story 4

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

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