16-Unit Multifamily Investment Opportunity - Savannah, GA

1301 Ranger St Savannah, GA 31404

$3,250,000

Sale Price

Property Details

On Market Since:

June 23, 2026

Sale Price:

3,250,000

Apartment Style:

Multifamily

Building Size:

8,088 SF

Category:

Multifamily

Lot Size:

1.40 Acres

Number of Stories:

2

Parking:

Surface 48 Spaces

Year Built:

1986

Property Summary

Blokk Commercial Real Estate is pleased to present 1301 Ranger St, a 16-unit apartment community in Savannah, Georgia, featuring a uniform mix of 2-bedroom/2-bathroom units, each with in-unit washer/dryer hookups, situated on a 1.4-acre site. Tenants are responsible for their own utilities, keeping the operating structure simple. The asset offers a clean, low-complexity platform well suited to either a value-add reposition or a stabilized long-term hold. The property sits in an established, amenity-rich pocket of Savannah's eastside along the Waters Avenue medical corridor. It is directly adjacent to Memorial Health University Medical Center, Savannah's largest hospital and a Level I trauma center, and approximately 1.5 miles from Candler Hospital, giving the immediate area two major hospital systems and their employment base. The property is also surrounded by a dense Medical Arts district of physician offices and outpatient clinics, supporting steady healthcare-driven housing demand well beyond the hospitals themselves. The location offers strong day-to-day convenience and connectivity. Direct access to Harry S. Truman Parkway provides a fast, signal-light-free commute across the city, while Calvary Day School and Juliette Low Elementary sit roughly a half-mile away and Forrest Hills Park, with tennis/pickleball courts, disc golf, and playgrounds, is less than a mile out. Retail and grocery options along Victory Drive and DeRenne Avenue, along with Daffin Park and Grayson Stadium (home of the Savannah Bananas), are all just minutes from the property.

Highlights

  • Uniform 16-unit
  • In-unit washer/dryer hookups in every unit
  • Directly adjacent to Memorial Health University Medical Center, Savannah’s largest hospital and only Level 1 trauma center
  • Within 1.5 miles of Candler Hospital, providing access on two major healthcare systems
  • Adding a second major hospital system to the immediate demand base
  • Surrounded by a dense Medical Arts district of physician offices, clinics, and healthcare providers
  • Minutes from retail, grocery, and neighborhood amenities along Victory Drive and DeRenne Ave, as well as Daffin Park and Grayson Stadium
  • Pricing: $3,250,000
  • Lot Size: 1.40 Acres
  • Parking Spaces: 48 Spaces
  • 16 units
  • 2 bed 2 bath w/ washer & dryer hook ups
  • Tenants - utilities
  • Roof 4 years old
  • Below market rent

Property Taxes

Parcel Number:

20114 03004

Improvements Assessment:

Land Assessment:

Total Assessment:

Map

Jordan Kim

Blokk Commercial Real Estate
912-667-5887
[email protected]
blokkcre.com

Prashant Patel

Blokk Commercial Real Estate
229-256-3260
[email protected]
blokkcre.com
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