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… Read More 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. Read Less
Courtesy of Amber Williams, Re/Max Savannah
Listing Snapshot
Days Online
1
Last Updated
Property Type
Hotel/Motel
Lot Size
2.43 Acres
Year Built
1952
MLS Number
SA358865
30 Days Snapshot Of 31405
$585k
0%
(avg) sold price
0
-100%
homes sold
77
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road surface type: "Dirt", "Gravel"
Accessibility Features
Features: "Low Threshold Shower"
Appliances & Equipment
"Electric Water Heater", "Gas Water Heater"
Building
Built in 1952, Common walls: "2+ Common Walls", "1 Common Wall", Construction materials: "Brick", "Frame", "Other", "Concrete", "Vinyl Siding", "Wood Siding", Levels: "One", Living area units: Square Feet, 1, 1 total story, Other structures: "Outbuilding", "Other", "Shed(s)", "Storage"
Cooling
"Electric", "Window Unit(s)"
Exterior Features
"Fence", "Other"
Fence
"Privacy"
Heating
"Electric", "Gas", "Other", "Wall Furnace"
Interior Features
Furnished: Furnished
Lot
2.426 acres, 105,677 sqft
Parking
30 total parkings
Property
Zoning: AT, "Panoramic"
Roof
"Asphalt", "Composition", "Metal", "Other"
Taxes
Year: 2025
Utilities
"110 Volts", "220 Volts"
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