36 Martin Luther King Jr AirBNB 36 Martin Luther King Jr Blvd 12 Room Serviced Apartment Savannah, GA 31401 $11,791,370 CAD ($982,614 CAD/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 | $528.53 CAD | - |
| Guest Room | 6 | $360.68 CAD | - |
1 of 1
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (89)
ZONING
| Zoning Code | BC1 (Mixed Use) |
