OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Slate, a 272-unit apartment community located in Savannah, Chatham County, Georgia. Situated in the burgeoning submarket of Southwest Savannah, The Slate represents an outstanding opportunity to invest in a high-quality asset in a high demand market. Built in 2018, the property features top-of-the-line amenities and attractive unit interiors. In addition to the property’s demonstration of strong historical performance, new ownership is poised to take advantage of rent growth, and absorption, all projected to increase for the Savannah market, as incoming demand for housing outweighs current supply.
Savannah’s growth is fueled by major national employers’ manufacturing and distribution centers, including Gulfstream, Amazon, Lowe’s, IKEA and Georgia-Pacific. Less than 30 minutes away from The Slate, the new Hyundai EV plant, is anticipated to bring over 8,500 direct jobs to the region and marks the largest economic development in Georgia history. The investment and development have served as a catalyst for over 18K additional job announcements and a predicted 4.7x multiplier effect in the coming years: a 40K total job growth impact.
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