Off-market high cash flow opportunity in Savannah, GA with strong potential as a PadSplit or boarding home.
The property is currently configured with 6 bedrooms with the potential for a 7th, making it an ideal candidate for investors targeting the growing co-living / PadSplit rental model.
One of the biggest advantages of this property is the three-lot setup with a huge backyard, providing flexibility for additional parking, outdoor common areas, or potential future improvements.
• Address: 23** Bonaventure Rd, Savannah, GA 31404
• Bedrooms: 6 Bedrooms (possible 7th room)
• Lot Size: ~0.24 Acres
• Three-lot setup with a large backyard
• Zoning: RSF-6 Residential
• Located in the Highland / Avondale area
Investment Opportunity:
This property was previously used as a boarding home setup and can easily be repositioned for:
• PadSplit / Co-living rental model
• Traditional boarding home
• Large single-family rental
• Value-add renovation
Income Potential:
Rooms in this market can rent for approximately $300 – $400 per week
Estimated gross potential:
• $7,200 – $9,600 per month (6 tenants at $300 – $400 weekly)
Value Potential:
• Estimated ARV: $530,000
The large bedroom count and oversized lot create strong upside compared to typical homes in the area.
Condition:
Property needs some repairs / TLC, but is comfortable and functional enough to be put into use immediately.
Pricing:
Asking Price: $320,000
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Cherrie – Dispo Manager Call/Text: (404) 620-2544
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