Jeffrey A. Gould Of BRT Apartments Corp Acquires 150-Unit Complex In Savannah For $23M

The property involved in this transaction is a 150-unit apartment complex known as Oaks at Victory, located at 2200 East Victory Drive in Savannah, GA. The transaction was finalized on October 6, 2025, with a sale price of $23 million, which included a mortgage of $15.7 million. The price per unit (PPU) is calculated at approximately $153,333.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $23,000,000
• Units: 150
• Buyer: Jeffrey A. Gould - BRT Apartments Corp
• Market: Savannah, GA

BRT Apartments Corp's acquisition of Oaks at Victory marks its initial entry into the Savannah market, indicating a strategic move to expand its presence in the Southeastern region. This purchase follows their previous acquisition of a property in Auburn, AL, as part of a broader effort to enhance AFFO and NAV per share.