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36 Martin Luther King Jr AirBNB 36 Martin Luther King Jr Blvd

12 Room Serviced Apartment Savannah, GA 31401 $8,500,000 ($708,333/Room)

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Investment Highlights

Situated in the heart of Savannah’s Historic Landmark District, the property benefits from high tourist traffic and proximity to key attractions.
Potential to increase ADR and RevPAR through dynamic pricing, enhanced branding, and expanded distribution channels.

Ground-floor restaurant under a NNN lease and 12 STR units with significant room for revenue growth through strategic operations.
Strong demand in Savannah’s hospitality sector, driven by tourism and economic growth.

Executive Summary

The property located at 36 Martin Luther King Blvd in Savannah’s Historic Landmark District offers a unique investment opportunity. This mixed-use asset comprises a ground-floor restaurant, Órale Tacos + Tequila, operating under a NNN lease, and twelve short-term rental (STR) units, functioning as but not marketed as a contactless check-in hotel. Through optimized pricing, branding, and distribution, this property is poised to attract a new owner-operator seeking a stabilized, long-term investment in Savannah’s booming hospitality market.

Executive Summary - 36 MLK

Property Facts

Price	$8,500,000	Building Size	10,215 SF
Price Per Room	$708,333	No. Rooms	12
Sale Type	Investment	No. Stories	4
Property Type	Hospitality	Year Built/Renovated	1870/2018
Property Subtype	Serviced Apartment General Retail Storefront Retail/Residential	Parking Ratio	0.39/1,000 SF
Building Class	B	Corridor	Interior
Lot Size	0.06 AC

Price	$8,500,000
Price Per Room	$708,333
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Serviced Apartment General Retail Storefront Retail/Residential
Building Class	B
Lot Size	0.06 AC
Building Size	10,215 SF
No. Rooms	12
No. Stories	4
Year Built/Renovated	1870/2018
Parking Ratio	0.39/1,000 SF
Corridor	Interior