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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 USD ($708,333 USD/Room)
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.
Property Facts
Amenities
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 6 | $381.00 USD | - |
Guest Room | 6 | $260.00 USD | - |
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Walk Score ®
Walker's Paradise (98)
Bike Score ®
Very Bikeable (89)
zoning
Zoning Code | BC1 (Mixed Use) |
BC1 (Mixed Use) |
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36 Martin Luther King Jr AirBNB | 36 Martin Luther King Jr Blvd
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36 Martin Luther King Jr AirBNB | 36 Martin Luther King Jr Blvd
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