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Pooler Station

Savannah, GA

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Number Of Units

160

Acquisition Price

$34,000,000

Acquisition Date

October 3, 2022

Hold Period

3 years

Project Level Projected IRR

20.38%

Project Level Projected EM

1.66x

Property Photos

A tranquil suburban landscape featuring a pathway beside a pond with a fountain, surrounded by green grass and white townhouses under a clear blue sky.
A modern apartment complex featuring two-story buildings with white and grey brick exteriors, external staircases, and neatly landscaped green lawns under a clear blue sky.
Outdoor swimming pool with clear blue water, surrounded by lounge chairs and lush green trees, featuring a clubhouse with a terracotta roof under a sunny sky.

Investment Highlights

Constructed in several phases between 2009 and 2016 with a blended construction date of 2014, Pooler Station (The Property) consists of 160 two and three-bedroom apartment units averaging 1067-square feet with. The community is comprised of 22 two to three-story wood-framed buildings, as well as an outdoor pool deck, a picnic area with BBQ grills, garages, and a fitness center.

The Property is located on the west side of the Savannah market, within 16 minutes of Savannah/Hilton Head International Airport and less than 30 minutes drive from downtown Savannah as well as the Port of Savannah which is the key economic driver of the entire region. Savannah has seen 16.5%  population growth between 2010 and 2020 and 20% rent growth in the last year driven by a muted supply pipeline and massive job growth.

HubSpot Contact Form
An accredited investor must meet one of the following: 1) An annual income of at least $200,000, or $300,000 when combined with spouse’s income; 2) Holds a valid Series 7, 65, or 82 license; 3) Has a net worth of >$1 million, excluding value of a primary residence.


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