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BOUTIQUE, INFILL ASSET IN PRIME SAVANNAH CORRIDOR
Value Add Opportunity: With current ownership having completed structural and common area improvements, The Jefferson presents a prime value-add opportunity. Unit renovations could increase rental rates by an average of $200, capitalizing on the strong demand in the area.
Thriving Demographic Profile: Within a one-mile radius of The Jefferson, the area boasts a highly educated and professional population, with 64% holding a bachelor's degree or higher and 81% employed in white-collar jobs. With projected household income growth of 24% over the next five years, The Jefferson is positioned to benefit from economic growth and demand for quality rental housing.
Competitive Advantage in a Limited Market: As a prime value-add opportunity in a sought-after location, The Jefferson stands out in a market with limited comparable offerings, providing a unique investment proposition.
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MAJOR INFRASTRUCTURE AND SHOPPING/ENTERTAINMENT EVELOPMENTS PAVING WAY FOR PORT WENTWORTH GROWTH
The new Effingham Parkway and Bluejay Road extension underway will drive commuter access directly to Hyundai and Pooler center. Additionally, development of the Town Center at Meinhard and Anchor Park amphitheatre and
sporting complex delivers major lifestyle amenities directly to Port Wentworth.
Ultra-High Barrier to Entry Submarket
Located in one of Savannah’s most supply-constrained corridors, with restrictive zoning, high land costs, and limited development sites. With only 755 units under construction or in lease-up within a three-mile radius of the property, there is limited future competition paving the road for long-term asset durability.
Value Add Opportunity: With current ownership having completed structural and common area improvements, The Jefferson presents a prime value-add opportunity. Unit renovations could increase rental rates by an average of $200, capitalizing on the strong demand in the area.
Thriving Demographic Profile: Within a one-mile radius of The Jefferson, the area boasts a highly educated and professional population, with 64% holding a bachelor's degree or higher and 81% employed in white-collar jobs. With projected household income growth of 24% over the next five years, The Jefferson is positioned to benefit from economic growth and demand for quality rental housing.
Competitive Advantage in a Limited Market: As a prime value-add opportunity in a sought-after location, The Jefferson stands out in a market with limited comparable offerings, providing a unique investment proposition.
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Investment Highlights
Value Add Opportunity: With current ownership having completed structural and common area improvements, The Jefferson presents a prime value-add opportunity. Unit renovations could increase rental rates by an average of $200, capitalizing on the strong demand in the area.
Thriving Demographic Profile: Within a one-mile radius of The Jefferson, the area boasts a highly educated and professional population, with 64% holding a bachelor's degree or higher and 81% employed in white-collar jobs. With projected household income growth of 24% over the next five years, The Jefferson is positioned to benefit from economic growth and demand for quality rental housing.
Competitive Advantage in a Limited Market: As a prime value-add opportunity in a sought-after location, The Jefferson stands out in a market with limited comparable offerings, providing a unique investment proposition.
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Investment Highlights
Value Add Opportunity: With current ownership having completed structural and common area improvements, The Jefferson presents a prime value-add opportunity. Unit renovations could increase rental rates by an average of $200, capitalizing on the strong demand in the area.
Thriving Demographic Profile: Within a one-mile radius of The Jefferson, the area boasts a highly educated and professional population, with 64% holding a bachelor's degree or higher and 81% employed in white-collar jobs. With projected household income growth of 24% over the next five years, The Jefferson is positioned to benefit from economic growth and demand for quality rental housing.
Competitive Advantage in a Limited Market: As a prime value-add opportunity in a sought-after location, The Jefferson stands out in a market with limited comparable offerings, providing a unique investment proposition.
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BACK TO TOP
5820 White Bluff Rd, Savannah, GA 31405
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
INVESTMENT SALES
CONTACT
Erika Maston
Managing Director 843.806.4394
erika.maston@berkadia.com DRE License #121194
KYLE WILLIAMSON
Senior Financial Analyst 843.972.5347
kyle.williamson@berkadia.com
CHRISTIAN DICROCE
Director 843.972.7478 christian.dicroce@berkadia.com DRE License #129630
774 S Shelmore Blvd Suite 105 Mt Pleasant, SC 29464
CHARLESTON OFFICE
DaVE Lansbury
Senior Managing Director 843.806.4399 david.lansbury@berkadia.com
DRE License #95120
5820 White Bluff Rd, Savannah, GA 31405
UNITS: 106
Year built: 1990 / 2023
Avg. unit size: 519 SF
occupancy: 94.34% (as of 5/22/25)
market rent: $1,403
effective rent: $1,303
QUICK STATS
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Boutique, Infill Asset in Prime Savannah Corridor
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Lowest Rents Among Class A Comparables
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The property offers the most competitively priced rents among conventional Class A assets in the Savannah MSA. This built-in discount provides investors with substantial rental upside while maintaining affordability relative to peers. Comparable (Class A) rents in the immediate submarket average $1,699 across like-kind units, leaving $378 in headroom. Spoke’s most proximate competitor, Arcadia Savannah, is the comp set’s most recently delivered Class A product with average rents $1,146 greater than Spoke.
Infill Location Surrounded by Demand Drivers
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The property is positioned in a high-demand corridor near major employment hubs driving strong leasing activity and long-term resident retention. It is just one mile from two major hospitals and 5,800+ jobs in the medical district, as well as five miles from 2,500 jobs at the newly constructed Rockingham Farms industrial park.
Retail-Dense Environment Enhancing Rent Growth
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Immediate access to the 5M square foot Abercorn retail corridor (16,000+ jobs) and Oglethorpe Mall, which enhances livability and supports sustained rental demand across economic cycles. The property is also walkable to both Fresh Market and Publix grocers, as well as several restaurants. Additionally, the highly desirable Starland district, with a variety of boutique retailers and food and beverage venues, is less than a three-mile drive.
New Clubhouse Opening Offers Immediate Upside
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The property has been operating without a clubhouse and full amenity set due to a reconstruction work over the past year. Despite this disruption, the asset has remained stabilized, and with the new clubhouse and full amenity suite opening soon, new ownership will be primed to elevate market rates and renewal increases.
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JOSH FINLEY
Managing Director
404.654.2594
josh.finley@berkadia.com