Update: Broughton Street
Boutique Hotel Featuring 8 Luxury Rentals
Downtown Savannah, Georgia
On May 23, 2025, we completed our due diligence and acquired an existing building on Broughton Street in downtown Savannah, Georgia, for $3.26MM.
This building will be renovated into a boutique hotel featuring 8 luxury short-term rental units, 40 bedrooms, and a rooftop pool.
Demolition and renovation are already underway, with an expected development period of 18 months.
Additionally, since this property qualifies for state and federal historic tax credits, we are in the process of selecting a team of experts in the Savannah market to help us maximize our tax benefits.
