Tibet Ave, LLC Acquires Savan Pointe Townhomes In Savannah For $14.9M

The former Stratford Arms apartment complex in Savannah's south side has been revamped and rebranded as Savan Pointe Townhomes East and West, sold for $14.9 million to Tibet Ave, LLC on January 26. The property located at 126 Tibet Avenue & 210 Tibet Avenue in Savannah, GA, was part of a multifamily asset transaction.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $14,900,000
• Address: 126 Tibet Avenue & 210 Tibet Avenue
• Market: Savannah, GA
• Buyer: Tibet Ave, LLC

The sale to Tibet Ave, LLC marks a significant transaction in the multifamily property market in Savannah, GA. The transformation of the former Stratford Arms apartments into Savan Pointe Townhomes East and West signifies a strategic move in the real estate landscape of the south side of Savannah. The deal represents a key investment opportunity for Tibet Ave, LLC, positioning them as prominent players in the local property market.