224 Houston Street, Savannah GA, 31401

Under contract

Active Under Contract

224 Houston Street

Savannah GA, 31401

$5,950,000

$597.75 per sqft

Under contract

Active Under Contract

15 Beds

15 Baths

9,954 sqft

Multi-family

Built in 1935

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.

314575

MLSⓇ ID

July 16, 2024

Listed

December 7, 2024

Updated

Map

224 Houston Street
Savannah GA, 31401

Interior Features

Total Stories: 4
Bedrooms: 15
Total Bathrooms: 15
Full Bathrooms: 15
Appliances: Electric Water Heater
Fireplace: No
Cooling: Yes
Cooling Description: Central Air, Electric
Heating: Yes
Heating Description: Central, Electric

Exterior/Building Features

Lot Size: 0.12 Acres
Sewer: Public Sewer

Other Property Details

Taxes: $10,779
Tax Frequency: Annually
Days on Market: 144
Garage: No
View: No
County: Chatham
Water Source: Public
Pool: No
Zoning: RIPA

Listing History

Date	Event	Price
12/7/2024	Under contract	—
11/8/2024	Price change	$5,950,000 -15%

Listed by Taavo Roos with Seabolt Real Estate (912) 429-6729

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of GA - Savannah Multi-List Corporation (SABOR). Real estate listings held by brokerage firms other than Peter Nelsen are marked with the name of the listing brokers.

The broker providing these data believes them to be correct, but advised interested parties to confirm them before relying on them in a purchase decision.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

This data up-to-date as of 12/7/2024. For the most current information, contact Peter Nelsen (, [email protected])

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Peter Nelsen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.