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Ascend Midtown

Posted: 4/24/2024
150 Units
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Ascend Midtown
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Ascend Midtown
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Ascend Midtown
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Ascend Midtown
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Ascend Midtown
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Ascend Midtown
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Ascend Midtown
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Ascend Midtown
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Ascend Midtown
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Ascend Midtown
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Ascend Midtown
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Ascend Midtown

Before & After

Existing Kitchen Envisioned Kitchen after Upgrades

About

About Ascend Midtown

Offers Due:  Thursday, May 30, 2024 Add to Calendar

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 150-unit, Ascend Midtown apartment community located in Savannah, Richmond County, Georgia. Built in 1968, Ascend Midtown represents an outstanding opportunity for new ownership to invest in a highly capitalized property that is currently achieving $245 in-place rent premiums. Residents of the property benefit from direct access to the Victory Drive retail corridor (Whole Foods, Chick-fil-A, Starbucks, and Target). This opportunity is accompanied by the Hyundai EV plant delivery in Q4 2024, bringing 8,500 direct jobs to the region and marks the largest economic development in Georgia history. The development has served as a catalyst for 18k additional job announcements and a predicted 4.7x multiplier effect in coming years: 40K total jobs.

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