SoldJun 28, 2023

Listed by Harold Meyers from Mia Madison Properties, LLC

, 

Bought with Kathleen Linzey from Realty One Group Inclusion

Source: Athens Area Association of Realtors #SA287642

12220 Apache Avenue, Savannah, GA, 31419

$8,750,000

192
144
61320 sq. ft.
248292 sq. ft.

MultiFam

•

11 days on the market

Sold: Jun 28, 2023

What's around 12220 Apache Avenue

About this property

This four building, 72 unit apartment complex is located in a prime area on the south side. The complex is made up of 48, 2BR/1BA units and 24 4BR/4BA units. The two bedroom units are in three buildings adjacent to each other and they were built in 1990. The four bedroom units are in one building that was built in 2006. These were being used as student dorms/apartments for AASU then GSU. Since COVID the demand for on campus housing had reduced and the owner has now decided to place them up for sale. At current you must cross the GSU parking lot from Apache ave to access the complex. Dedicated ingress/egress maybe possible. There is no requirements that it has to be leased to students. Currently there are many units leased to non-students. Updated pics of the 2BR/1BA buildings coming soon.

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