Description
Property offered for sale is a historic (1888) fully restored and renovated (2005) building that contains four individual fee simple titled one bedroom condominium units. The individual units are owned by the same entity. Title to all four condominium units will be transferred with the sale. Also transferred with the sale will be control of the Home Owners Association, as well as the HOA's operating fund balance and the reserve fund balance. Three of the units are fully furnished and leased; leases and furnishings will transfer to the new owner. The property is very well located. Just two blocks from Forsyth Park, with close proximity to several Savannah College of Art & Design campuses, walk to many restaurants, galleries, shops, hotels, grocery store and so much more. Only a 25 minute drive to the beaches at Tybee Island. A unique property and a unique investment opportunity. Extensive due diligence available upon request.
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4BEDS
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0.05ACRES
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4BATHS
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01/2 BATHS
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2,620SQFT
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$429$/SQFT
School Ratings & Info
Description
Property offered for sale is a historic (1888) fully restored and renovated (2005) building that contains four individual fee simple titled one bedroom condominium units. The individual units are owned by the same entity. Title to all four condominium units will be transferred with the sale. Also transferred with the sale will be control of the Home Owners Association, as well as the HOA's operating fund balance and the reserve fund balance. Three of the units are fully furnished and leased; leases and furnishings will transfer to the new owner. The property is very well located. Just two blocks from Forsyth Park, with close proximity to several Savannah College of Art & Design campuses, walk to many restaurants, galleries, shops, hotels, grocery store and so much more. Only a 25 minute drive to the beaches at Tybee Island. A unique property and a unique investment opportunity. Extensive due diligence available upon request.
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