224 Houston Street

Savannah, GA 31401

$5,950,000
Price
15
Beds
15
Baths
9,954 Sq. Ft.
$598 / Sq. Ft.
9,954
Sq. Ft.
$598
per Sq. Ft.

Description

Unlock a lucrative opportunity with The Present Hotel, a prized asset for sale in Savannah. Nestled in the coveted Landmark Historic District facing directly on Crawford Square, this 15 unit boutique gem boasts stellar financial performance with annual gross earnings exceeding $950,000. Designed by award winning designer, Elizabeth Demos, and extensively renovated in 2018, each uniquely curated room exudes character, offering guests a blend of historic charm and modern comfort. With its proven track...Unlock a lucrative opportunity with The Present Hotel, a prized asset for sale in Savannah. Nestled in the coveted Landmark Historic District facing directly on Crawford Square, this 15 unit boutique gem boasts stellar financial performance with annual gross earnings exceeding $950,000. Designed by award winning designer, Elizabeth Demos, and extensively renovated in 2018, each uniquely curated room exudes character, offering guests a blend of historic charm and modern comfort. With its proven track record of success, including robust financials and a loyal clientele, The Present Hotel presents a rare chance to invest in a thriving hospitality business. Don't miss your chance to own Savannah's most unique boutique hotel. Features include updated plumbing, electrical, and in-room controlled high efficient heat and AC, in addition to thoughtfully designed amenities, including a gorgeous courtyard and espresso station. Supplemental videos, pictures and financials available on request.

Property Details for 224 Houston Street

Waterfront
No
Zoning
RIPA
LISTING UPDATED: 12/07/2024 08:28 AM

Property Details for 224 Houston Street

StatusActive Under Contract
MLS #314575
Days on Market144
Taxes$10,779 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1935
Lot Size0.12 AC / 5,401 SF
CountyChatham County

Building Information for 224 Houston Street

Stories4Residences-Year Built1935Building Size-Lot Size0.12 AC / 5,401 SF

Property Information for 224 Houston Street

Summary
Location and General Information
  • County Or Parish: Chatham
  • City: Savannah
  • Directions: Facing directly onto Crawford Square.
  • Latitude: 32.074235
  • Longitude: -81.086428
  • Postal City: Savannah
  • Unparsed Address: 224 Houston Street
  • State Or Province: GA
  • Postal Code: 31401
Taxes and HOA Information
  • Tax Annual Amount: $10,779.00
  • Tax Legal Description: LOT 31 CRAWFORD WARD
  • Tax Lot: 31
  • Tax Year: 2023
  • Association: No
  • Parcel Number: 2001407003
Property
Lot Information
  • Living Area: 9,954.00
  • Living Area Source: Assessor
  • Lot Size Acres: 0.124
  • Lot Size Area: 0.124
  • Lot Size Square Feet: 5401.0
  • Lot Size Units: Acres
  • Stories Total: 4
Property and Assessments
  • CLIP: 6,074,794,783
  • Year Built: 1935
  • Number Of Units Total: 0
  • Property Attached: No
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Electric Water Heater
  • Bathrooms Full: 15
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 15
  • Bedrooms Total: 15
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
Rental
Rental Information
  • ListingTerms: Cash,Conventional,Exchange1031

Property History for 224 Houston Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 224 Houston Street

Taxable ValueLand$75,160Additions$293,920Total$369,080
Home Facts
Beds15Total Finished SqFt9,954 SqFtAbove Grade Finished SqFt9,954 SqFtStories4Lot Size5,401 SqFtStyleSingle Family ResidenceYear Built1935Year Renovated2005ZoningRIPACountyCHATHAMAPN2-0014 -07-003

Schools near 224 Houston Street

This home is within Chatham County School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Spencer Elementary School
Public1 to 5

Hubert Middle School
Public6 to 8

Savannah Arts Academy
Public9 to 12

East Broad Street School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Seabolt Real Estate

Based on information from one of the following Multiple Listing Services: Savannah Multi-List Corporation. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Savannah Multi-List Corporation is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.