Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 11010 Middleground Rd, a 22-unit multifamily asset located in Savannah. Constructed in 1974 and situated on approximately 1.10 acres, the property features a desirable unit mix of one- and two-bedroom floorplans that cater to the area’s strong workforce housing demand. The asset offers investors a value-add opportunity through interior improvements, operational efficiencies, and the ability to capture rental upside in a steadily growing coastal market. The property will continue to benefit from sustained renter demand driven by Savannah’s expanding population and employment base. Savannah’s multifamily market continues to demonstrate long-term strength despite short-term supply pressures. The metro has experienced significant population and job growth, largely fueled by the expanding Port of Savannah, one of the fastest-growing ports in the nation, as well as continued investment in logistics, manufacturing, and tourism sectors. While a recent wave of new construction has temporarily softened rent growth and occupancy, demand remains resilient, with absorption levels remaining strong and investor interest continuing across the market. As new supply is absorbed and construction activity moderates, a favorable environment for rent growth and long-term appreciation is emerging. Positioned within this dynamic market, 11010 Middleground Rd offers investors the opportunity to acquire a asset with both in-place cash flow and future upside potential.