$3,900,000

130 Alfred, Savannah GA, 31408

Price per sqft$81.25

Built in1982

Property size48,000 sqft

Property typeMulti-family

Overview

Sold

Closed

Listed Aug 9, 2025

Updated Jul 22

Incredible opportunity to own a Stabilized 44-unit Multi-Family complex just 5 minutes from Savannah’s Historic District! Built in 1982, this property spans 8 separate buildings across 4+ acres with convenient access to major roadways, public transportation, shopping, and dining. Property includes 16 spacious 1BD/1BA units at 900 SF and 28 two-story 2BD/1.5BA townhomes at 1,200 SF with washer/dryer hookups. On-site parking and trash service add to tenant convenience. Maintained 99% occupancy under current ownership for nearly 12 years with vacancies almost never lasting more than a couple of weeks, with many long-term tenants in place. Significant potential to raise rents to market rates and boost income. Large lot offers space for additional units, or additional development of community amenities—true value-add potential. Perfect for investors looking to expand their portfolio in the growing Savannah market.

Additional information

MLS^® ID: SA336086

Interior Features

Bedrooms: 2
Bathrooms: 2
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 4.24 Acres

Other Property Details

View: Yes

Courtesy of Seaport Real Estate Group with Victoria Williams Adcock,
Listing Contact: (912) 481-8379

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Data last updated 12:15 AM UTC, 7/22/2026