TIMBERLAND APARTMENTS – 176 UNITS IN SAVANNAH, GA

PRICE:
STATUS:
Sold
ADDRESS:
10612 Abercorn St, Savannah, GA 31419, USA
OVERVIEW:

SOLD 10/18/2023

Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. Built in 1974, Timberland Apartments is a 176-unit apartment community located in Savannah, GA. The property features a mix of one-, two- and three-bedroom floorplans. Amenities include an onsite leasing office, pool, playground, laundry facility, and picnic areas. This offering presents a great opportunity to increase income through strategic value-add improvements.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
48 UNITS 1BD/1BA 560 SF $1,160
96 UNITS 2BD/1BA 780 SF $1,370
32 UNITS 3BD/2BA 915 SF $1,730
176 TOTAL UNITS 131,040 TOTAL SF
PROPERTY INFORMATION
PIN 20649 06003
Tax Value $8,549,360
Taxes $307,268.06
Lot Size 9.5 ACRES
Year Built 1974
Exterior WOOD
Floors CARPET, VINYL, LVP
Foundation SLAB
HVAC CENTRAL HEAT & AIR
Utilities TENANTS PAY UTILITIES
Legal Description PT MAGNOLIA TRACT & PT OF LOT 5 BEING SUB OF ORIGINAL LOT 1 OF THE SALFNER TRACT
Appliances RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS (IN SELECT UNITS)
Sold Date 2023-10-18
Zoning RMF

Location Map

TIMBERLAND APARTMENTS – 176 UNITS IN SAVANNAH, GA
Address: 10612 Abercorn St, Savannah, GA 31419, USA Unit: 176