5011-5013 Garrard Ave - Approved Multi-family Development Project
4.29 Acres of Commercial Land Offered at $2,100,000 in Savannah, GA 31405
INVESTMENT HIGHLIGHTS
- This design offers privacy and functionality for both residents and guests
EXECUTIVE SUMMARY
This approved development project offers 33 apartment units, divided between two buildings — the “North” and “South” buildings, as outlined in the site plan. The North Building includes a ground-floor fitness center and a rooftop amenity space featuring both indoor and outdoor areas for coffee, work, and socializing. The rooftop offers a dynamic environment for day-to-night use, making it ideal for both relaxation and community engagement. Surrounding surface lots will provide convenient parking, with additional outdoor amenities, including cookout spaces and play areas for residents.
The townhouses are thoughtfully designed in pairs, each featuring a garden-level 1BR/1BA flat that can be used as a living space or a flexible work area. Above each flat is a spacious three-bedroom townhouse with a two-car garage in the rear. Additionally, each townhouse has a separate “carriage house” studio apartment above the garage, accessible via a private lane with parallel parking. This design offers privacy and functionality for both residents and guests.
The townhouses are thoughtfully designed in pairs, each featuring a garden-level 1BR/1BA flat that can be used as a living space or a flexible work area. Above each flat is a spacious three-bedroom townhouse with a two-car garage in the rear. Additionally, each townhouse has a separate “carriage house” studio apartment above the garage, accessible via a private lane with parallel parking. This design offers privacy and functionality for both residents and guests.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,100,000 |
| Price Per AC | $489,510.49 |
| Lot Size | 4.29 AC |
Approved Multi-family Development Project: 2 apartment buildings, totaling 33 units (mix: studio, 1BR, 2BR) 14 townhomes 14 garden apartments 14 carriage houses (above 2 car garages) Amenity center (ground floor)
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ZONING
| Zoning Code | P-R-3-6 (Directions: Take Veterans Parkway and exit onto Chatham Parkway. Continue onto Garrard Avenue, then turn left onto Garrard Avenue.) |
