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.
Sold for $8,750,000 on 06/28/23
$8,750,000
12220 Apache Avenue, Savannah, GA 31419
192beds
61,320sqft
Multi Family
Built in 2006
-- sqft lot
$10,069,000 Zestimate®
$143/sqft
$4,268 Estimated rent
Home value
$10,069,000
$7.55M - $13.19M
$4,268/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 29, 2023 at 06:51pm
Listed by:
Harold Meyers 912-313-2424,
Mia Madison Properties
Bought with:
Kathleen Linzey, 367130
Realty One Group Inclusion
Source: Hive MLS,MLS#: 287642
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 192
- Bathrooms: 144
- Full bathrooms: 144
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Some Electric Appliances, Electric Water Heater, Oven, Range, Refrigerator
- Laundry: Other
Features
- Ceiling Fan(s)
- Flooring: Vinyl
- Basement: None
- Attic: Scuttle
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 61,320 sqft
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: Other, Accessible Doors
Features
- Fencing: Chain Link
Lot
- Size: 5.70 Acres
- Features: City Lot
Details
- Additional structures: Other
- Parcel number: 2086203047
- Lease amount: $0
- Zoning: RMF2-15
- Zoning description: Multi Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick, Stucco
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Underground Utilities
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks
Location
- Region: Savannah
HOA & financial
HOA
- Has HOA: No
- Second association name: Mia Madison Prop.
- Second association phone: 912-495-7454
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2024 | Listing removed | $1,395 |
Source: Zillow Rentals | ||
| 7/12/2024 | Listed for rent | $1,395 |
Source: Zillow Rentals | ||
| 3/21/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 11/14/2023 | Listed for rent | $1,395-43.8% |
Source: Zillow Rentals | ||
| 7/1/2023 | Listing removed | -- |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $95,882 | $3,300,000 +63.2% |
| 2023 | -- | $2,021,760 |
| 2022 | -- | $2,021,760 |
Find assessor info on the county website
Neighborhood: The Village/Rio/Armstrong
Nearby schools
GreatSchools rating
- 4/10Windsor Forest Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 3/10Southwest Middle SchoolGrades: 6-8Distance: 5.7 mi
- 3/10Windsor Forest High SchoolGrades: PK,9-12Distance: 1.1 mi
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$10.1M
2% more+ $201K
With Zillow Showcase(estimated)
$10.3M