Unlock a lucrative opportunity with The Present Hotel, a prized asset for sale in Savannah. Nestled in the coveted Landmark Historic District facing directly on Crawford Square, this 15 unit boutique gem boasts stellar financial performance with annual gross earnings exceeding $950,000. Designed by award winning designer, Elizabeth Demos, and extensively renovated in 2018, each uniquely curated room exudes character, offering guests a blend of historic charm and modern comfort. With its proven track record of success, including robust financials and a loyal clientele, The Present Hotel presents a rare chance to invest in a thriving hospitality business. Don't miss your chance to own Savannah's most unique boutique hotel. Features include updated plumbing, electrical, and in-room controlled high efficient heat and AC, in addition to thoughtfully designed amenities, including a gorgeous courtyard and espresso station. Supplemental videos, pictures and financials available on request.
Property Details
Property Features
Property Information:
Year Built: 1935
Living Area: 9,954 SqFt
Listing Office:
Office Name: Seabolt Real Estate
Office Phone: (912) 233-6609
Listing Agent: Taavo Roos
Interior Features
Interior Information:
Appliances: Electric Water Heater
Bedroom and Bathroom Information:
Full Bathrooms: 15
Total Bedroom Count: 15
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Electric
Other
Directions Information:
Directions: Facing directly onto Crawford Square.
Price Information
Listing Price Info
Price Summary:
List Price: $5,950,000
Price Per SqFt: $598/SqFt
Tax Information:
Annual Amount: $4,901
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Savannah, GA.
This property is $5.5M more than the Median Sold Price and $383/SqFt more than other homes in Savannah, GA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SAV
MLS Number: #314575
Listing Office:
Office Name: Seabolt Real Estate
Office Phone: (912) 233-6609
Listing Agent: Taavo Roos
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Savannah Multi-List Corporation. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/19/2024, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 15, 2018
Mar 15, 2018Home Sold
$1,906,000
Sep 13, 2011
Sep 13, 2011Home Sold
$230,000
Sep 13, 2011
Sep 13, 2011Home Sold
$230,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,901
$310,240
2019
$4,901
$805,760
2018
$5,360
$707,000
2017
$5,360
$182,800
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Andrea B. Williams Elementary School
1150 Wheaton St
Distance between this listing and this school0.86 miles
Public District Grades 1-5
3
/10
Gadsden Elementary School
919 May St
Distance between this listing and this school1.22 miles
Public District Grades PK-5
3
/10
Shuman Elementary School
415 Goebel Ave
Distance between this listing and this school1.42 miles
Public District Grades 1-5
Nearby Schools
2
/10
Hubert Middle School
768 Grant St
Distance between this listing and this school0.58 miles
Public District Grades 6-8
8
/10
Esther F. Garrison School of Visual and Performing Arts
649 W Jones St
Distance between this listing and this school0.97 miles
Public District Grades PK-8
9
/10
Savannah Classical Academy Charter School
705 E Anderson St
Distance between this listing and this school1.04 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Savannah Classical Academy Charter High School
705 E Anderson St # 31401
Distance between this listing and this school1.05 miles
Public Charter Grades 9-12
2
/10
School of Liberal Studies at Savannah High School
400 Pennsylvania Ave
Distance between this listing and this school1.88 miles
Public District Grades 9-12
8
/10
Savannah Early College High School
400 Pennsylvania Ave
Distance between this listing and this school1.90 miles
The neighbors living near this home have an average income of $35,978. Typical income of Savannah, GA residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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This home is located at 224 Houston St in Savannah, GA and zip code 31401 in the North Historic District neighborhood. This 9,954 square foot home, which was built in 1935, sits on a 0.12 acre lot. Features: 15 bedrooms, 15 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $5,950,000.
In October 2024, from all listings sold in Savannah, GA there were more than 40 sold above asking price, over 128 sold below and more than 60 were sold right at the asked price. In October 2024 in Savannah, GA there were 9% more homes for sale than in September 2024. In October 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $364,570.
From Rocket Homes Real Estate and based on county public records data.
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