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Multifamily

Orchard Hill

4509 Old Louisville Rd, Savannah, GA 31408

Listing Price: $3,150,000

Cap Rate
6.00%
Number of Units
18
GRM
9.51
Price/Unit
$175,000
Price/Gross SF
$229.52
Gross SF
13,724

Investment Overview

Marcus & Millichap is pleased to present Orchard Hill, an 18-unit multifamily investment opportunity located in Savannah, Georgia, offering a compelling value add profile in one of the Southeast’s most resilient and high-growth coastal markets. The property has benefited from approximately $30,000 per unit in interior renovations completed during 2025 including all new HVACs, roofing, and water heaters. Improving unit quality and tenant appeal, while creating opportunity for continued rent growth through alignment with comparable renovated assets in the submarket.

Orchard Hill offers a rare opportunity to construct up to eight additional units on the existing site, allowing investors to increase unit density, substantially increase equity, and enhance long-term returns. Savannah’s multifamily fundamentals remain strong, driven by expansion at the Port of Savannah, steady population growth, and limited new multifamily supply. This combination of completed renovations, future development potential, and favorable market dynamics positions Orchard Hill as an attractive opportunity for investors seeking both long-term cash flow and amplified equity appreciation.

Investment Highlights

  • $30,000 Per Unit in Renovations During 2025 – Includes All-New HVAC Systems, Roofing, and Water Heaters
  • Stabilized Asset in a High Demand Market
  • Value-Add Opportunity to Build 8 Additional Units
  • Limited New Multifamily Supply Supports Rent Growth and Occupancy

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Listing Price: $3,150,000

Cap Rate
6.00%
Number of Units
18
GRM
9.51
Price/Unit
$175,000
Price/Gross SF
$229.52
Gross SF
13,724

Investment Highlights

  • $30,000 Per Unit in Renovations During 2025 – Includes All-New HVAC Systems, Roofing, and Water Heaters
  • Stabilized Asset in a High Demand Market
  • Value-Add Opportunity to Build 8 Additional Units
  • Limited New Multifamily Supply Supports Rent Growth and Occupancy

Investment Overview

Marcus & Millichap is pleased to present Orchard Hill, an 18-unit multifamily investment opportunity located in Savannah, Georgia, offering a compelling value add profile in one of the Southeast’s most resilient and high-growth coastal markets. The property has benefited from approximately $30,000 per unit in interior renovations completed during 2025 including all new HVACs, roofing, and water heaters. Improving unit quality and tenant appeal, while creating opportunity for continued rent growth through alignment with comparable renovated assets in the submarket. Orchard Hill offers a rare opportunity to construct up to eight additional units on the existing site, allowing investors to increase unit density, substantially increase equity, and enhance long-term returns. Savannah’s multifamily fundamentals remain strong, driven by expansion at the Port of Savannah, steady population growth, and limited new multifamily supply. This combination of completed renovations, future development potential, and favorable market dynamics positions Orchard Hill as an attractive opportunity for investors seeking both long-term cash flow and amplified equity appreciation.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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