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STR1045
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2200 E Victory Dr, Savannah, Georgia 31404
$
1504
Bedrooms
2
Utilities Included
No
Bathrooms
2
Furnished
No
Available to Lease on
Available Now
Property Type
Apartment
SQFT
820
Talk to STR Exchange
Key metrics
Rent
$
1504
Monthly Estimated Profit?
$
2,162
Annual Estimated Profit?
$
25,952
Acquisition Fee
$
2500
Security Deposit
$
TBD
Average Daily Rate
$
180
Occupancy
50
Annual Revenue
$
44,000
Key Features

15 units

‍

Designed for comfort and convenience, this neighborhood is a hub for dining, shopping, and entertainment, putting everything you need right at your fingertips. Residents enjoy thoughtfully appointed homes featuring 8-foot ceilings, wood-style flooring, and private balconies or patios. With beautifully landscaped grounds, a refreshing pool, and inviting picnic areas with barbecues, Oaks at Victory provides a perfect balance of work and play.

Property Features

  • Spacious Layouts: Comfortable 2-bedroom, 2-bathroom floor plans featuring 820 sqft, 8-foot ceilings, walk-in closets, and wood-style flooring.
  • Prime Location: A central hub for dining, shopping, and entertainment with easy access to historic downtown Savannah and Tybee Beach.
  • Outdoor Living: Enjoy a private balcony or patio, beautifully landscaped grounds, and a community picnic area with a barbecue.
  • Community Amenities: Take advantage of the refreshing swimming pool, resident events, and relaxing garden tubs.
  • Modern Comforts: Equipped with central air conditioning to keep you cool year-round.

STR Regulations Summary:  

Status:
Not STR Friendly

View Regulations Here

Savannah, Georgia has strict regulations for non-owner occupied short-term rentals (STRs). Here are the key points:

  1. Location restrictions: Non-owner occupied STRs are only permitted within the short-term vacation rental overlay district, which includes the Downtown, Victorian, and Streetcar local historic districts15.
  2. Cap on STRs: A 20% per-ward cap applies to non-owner occupied parcels in the Savannah Downtown Historic District and Victorian Historic District35. This means that if the cap has been reached in a specific area, new non-owner occupied STRs are not permitted1.
  3. Licensing: Property owners must obtain a Short-Term Vacation Rental (STVR) certificate before operating an STR1. This involves completing an application and verifying compliance with zoning regulations.
  4. Notification: New STR applicants must notify all adjacent property owners and provide specific information about the rental1.
  5. Occupancy limits: The maximum occupancy for non-owner occupied STRs is four adults for units with up to two bedrooms, and two adults per bedroom for units with three or more bedrooms3.
  6. Taxes: Hotel/motel taxes must be remitted for rentals of 90 days or less1.
  7. Parking: Information about on-site parking for STR occupants must be provided in the application1.
  8. Exemplar rental agreement: A sample rental agreement outlining occupant standards must be submitted with the application and posted in the property3.
  9. Violations: Non-compliance with these regulations can result in fines and potential revocation of the STVR certificate2.

It's important to note that these regulations are strictly enforced in Savannah, and the city has implemented measures to control the growth of the STR market, particularly for non-owner occupied properties1.

Property Location

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