Magnolia Villas has an attractive assumable loan with leverage in the low 70% LTV and a below market interest rate of 4.99%.

54% of the apartment units have been renovated with premium finishes, commanding a weighted average rent premium of $175+,  demonstrating a proven value-add strategy for an immediate increase in NOI for the next owner.

High Barrier, Infill Location, with only one newly constructed in a five-mile radius, Magnolia Villas is well positioned to continue strong occupancy and rent growth trends while closing the $230 headroom gap with this top of market competitor.

Commuter Advantage Location, less than 15 minutes from downtown Savannah with convenient access to all major employers including Gulfstream (10,000+ jobs), Georgia Southern University Armstrong Campus (5,200 students/600 jobs), and SCAD (15,000 students/1,900 jobs).

Front door access to more than 5 million SF of retail including the 943K SF Oglethorpe Mall as well as numerous national retailers including Kroger Marketplace and Walmart Neighborhood Market less than 2 miles away.

Within a 10-15 minute drive to Savannah’s three major hospitals: St. Joseph’s Candler Health System (4,000+ total jobs) and Memorial Health University Medical Center (5,000+ jobs).