Drayton Tower | Irreplaceable Asset | Renovated | 99 units | 147 beds

102 E Liberty St Savannah, GA 31401

  • 105,600 Square Feet
  • Multifamily-Apartment
  • For Sale

Summary Description

Drayton Tower is a 99-unit apartment community built in 1951 and renovated in 2013. The Property is situated on ±0.95 acres in the heart of Savannah and features studio, one, and two bedroom floor plans. In a city rich with history and charm, Drayton Tower is a fusion of mid-century modern elements and Southern flair. Located in Savannah’s Historic District on famed Liberty Street, Drayton Tower puts residents in the center of the action, featuring street-level retail and walking distance to SCAD. From cool breweries and trendy bistros, to fine art museums and upscale boutiques, everything is around the corner. The location is incredible, the views are breathtaking, and the lifestyle is amazing!

Area Available: 105,600 Square Feet

Features:

  • The Savannah Historic District is highly urban and infill, with little to no large sites available for development.
  • Drayton Tower is also one of the tallest buildings in all of Savannah, at 12 stories the Property sits in a 4-story zoning district.
  • Drayton was also gut-renovated in 2012-2013 by owner, who created a high-design urban aesthetic that differentiates the Property further.
  • Unparalled Central Location and Walkability
  • Property Performance: The asset has experienced dramatic rent growth over the last 4 years as demand has grown in the marketplace.
  • Strong and Diverse Savannah Economy: Savannah, Georgia is home to a bustling economy with over 25 offices of Fortune 500 companies, including Gulfstream which employees over 13,000 people.
  • Unique Opportunity to Purchase and Convert to Student Housing
  • Features 6,668

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