224 Houston St - Hospitality FOR SALE


Savannah, GA 31401
$5,950,000 USD
912-233-6609
224 Houston St, Savannah, GA for Sale
$5,950,000 USD
Hospitality - FOR SALE
1/35
null | 10.45% Cap Rate

224 Houston St
Savannah, GA 31401


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$464 USD /SF

# OF ROOMS

15

PRICE/ROOM

$396,667 {currency}

CAP RATE

10.45%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Present

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1850

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

RIP-A

APN/PARCEL ID

2001407003

ASK ABOUT THIS PROPERTY

Taavo RoosSeabolt Brokers, LLCMore Info
912-233-6609

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Taavo RoosSeabolt Brokers, LLCMore Info
912-233-6609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.