Hunter Advisors has been exclusively engaged to solicit offers for the acquisition of the TownePlace Suites Savannah Midtown (the “Hotel” or “Property”), a 93-key, institutional-quality extended-stay asset strategically located along Abercorn Street within Savannah’s Southside submarket. The Hotel is being offered unencumbered of brand, providing a new owner with immediate flexibility to implement a rebranding strategy or pursue alternative use optionality. The Property benefits from a highly visible position along one of the city’s most heavily trafficked commercial corridors, supported by a diverse base of demand generators including Georgia Southern University’s Armstrong Campus, Hunter Army Airfield, and a strong healthcare network anchored by Memorial Health University Medical Center and Candler Hospital. Additionally, the Hotel is located approximately 15 minutes from Historic Downtown Savannah, providing access to one of the Southeast’s premier leisure destinations, which welcomes approximately 12.9 million visitors and generates more than $4 billion in annual visitor spending. The Property is being offered below replacement cost, presenting investors with the opportunity to acquire a well-located asset at an attractive basis within a high-growth corridor. The Savannah MSA has experienced approximately 6.5% population growth since 2020, with continued growth projected through 2030, supported by ongoing institutional investment, including the development of a new Dental College of Georgia facility near the Armstrong Campus—a $178 million state-funded project expected to deliver by mid-2028.
