302 E Victory Dr - Apartments FOR SALE


Savannah, GA 31405- Ardsley Park-Chatham Cresent
$2,000,000 USD
912-509-1000
302 E Victory Dr, Savannah, GA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

302 E Victory Dr
Savannah, GA 31405
Ardsley Park-Chatham Cresent


OVERVIEW

Redevelopment Opportunity in Savannah’s Starland District | $2,000,000 Located in the heart of Savannah’s vibrant and fast-growing Starland District, 302 E Victory Drive presents a rare opportunity to redevelop a historic all-brick building with massive potential. Built in 1920 and spanning 14,820 square feet, this striking three-story structure features balconies on every level and classic architectural charm that can’t be replicated. Positioned on a prominent corner close to downtown Savannah, the property is fully entitled and approved for either a 12-unit multifamily apartment building or a 15-unit inn—offering flexibility for both investors and developers. With Starland’s continued transformation into a cultural and commercial hub, surrounded by trendy restaurants, boutiques, and art spaces, this property represents a true value-add opportunity in one of the city’s most desirable neighborhoods. Highlights:     •    14,820 SF historic brick building     •    Approved for 12 apartments or 15-unit inn     •    Built in 1920 with balconies on every floor     •    Located in Savannah’s booming Starland District     •    Minutes from downtown and Forsyth Park     •    Priced at $2,000,000 – significant upside potential Don’t miss the chance to be part of the continued renaissance of Starland with a cornerstone property that blends historic character with modern investment upside.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$135 USD /SF

# OF UNITS

12

PRICE/UNIT

$166,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,657 SF

ZONING

Multifamily

APN/PARCEL ID

2007526001

ASK ABOUT THIS PROPERTY

Bobby VermillionSeabolt Real EstateMore Info
912-509-1000

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Bobby VermillionSeabolt Real EstateMore Info
912-509-1000

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