11010 Middleground Rd

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11010 Middleground Rd

Savannah, GA 31419
Asking Price
$2.75M
Cap Rate
6.02%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 22 Units | $125,000/unit <ul><li>​<span style="color: rgba(0, 30, 69, 1)">The property’s one- and two-bedroom unit mix aligns with consistent demand from Savannah’s growing renter-by-necessity population.</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Opportunity to enhance revenue through interior upgrades, improved property management, and expense optimization.</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Smaller, vintage assets like this face less direct competition from newly delivered Class A pr

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NOI
$80,000
Cap Rate
2.91%
DSCR
0.49
Underwater
Cash-on-Cash
-10.09%
Monthly Payment
$13,605.5
Annual Cash Flow
$-83,265.995

Location & Travel Times