The Cottages of Savannah (TCOS) is a 148-unit property sprawling over 20 acres of lush Georgian landscape and surrounded by all the luxuries, conveniences and necessities one could hope for in a home.
With each cottage made up of only 2 units, residents get the perks of both a private home and a managed apartment. The area in which TCOS is located supports over 352,000 jobs and is populated with fantastic schools, medical care facilities, dining and entertainment. Take a short walk along blooming sidewalks to the nearby Starbucks or Whole Foods or simply make an afternoon out of relaxing at home in a cozy nook overlooking green gardens and giant oak trees.
This is Think Multifamily’s second acquisition in the Savannah market in the past 6 months. Plans for the property include $7500 in rehab per unit, focusing mainly on interior improvements. By increasing the property value and Net Operating Income, Think Multifamily will move to new market rents and reap rapid returns for its partners and investors.
As always, we want to THANK our investors, partners, and team members for making acquisitions like this one possible and profitable!
Think Multifamily is a real estate investing group that has staked their claim in the multifamily industry with their commitment to transparent business dealings, hosting investment conferences, and provides one-on-one coaching to help others accelerate their multifamily investment career.
Currently, Think Multifamily’s resume includes over 4,000 units.
Did you know it is possible to pay $0 in TAXES? If you want to learn how to make double digit returns on your investments and save significant amounts of money on your taxes by investing in real estate, Think Multifamily would love to show you how. To receive more information about investing with Think Multifamily, please Complete This Form.