Owner Finance

Savannah, GA

Listed by Crayton LankfordBetter Homes and Gardens Real Estate Metro Brokers

Updated 2BR/2BA Condo with Owner Financing on Whitemarsh Island, Savannah

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2
Bedrooms
2
Bathrooms
1,314
Sq Ft
Condo
Property Type

About This Home

Rare opportunity for a good investment in a resort community, with a gated entrance, beautiful pool, spacious clubhouse with pool table, fitness center, playground, and plenty of parking, including for your boat. Discover island living on Whitemarsh Island, a 15-minute drive halfway between historic downtown Savannah and the beach at Tybee Island. This beautiful condo was completely updated two years ago with fresh paint, popcorn ceiling removed, new laminate flooring in main area, upgraded new carpet in bedrooms, and upgraded stone tiles in the kitchen and bath. Check out the beautiful shower in the second bath. New appliances and granite countertops in the kitchen. Washer and dryer and microwave included. The split floor plan offers privacy and functionality, making it ideal for roommates, guests, or a home office. This unit has a sunroom rather than a screened porch and the extra square footage makes the condo feel even more spacious. Owner financing is offered with 25% down at 6% interest amortized over 30 years with a payoff in five years. Perfect for a 1031 exchange or a second home near the beach. Approximate numbers look like this: $1,012 principal and interest, HOA fee $443, insurance $50, taxes $283, total estimated monthly cost $1,788. Owner is a licensed real estate agent in the State of Georgia. Currently leased for $1,795.

Location

5204 Walden Park Dr, Savannah, GA 31410

Owner Finance Terms

Monthly Payment
$1,012
Purchase Price
$225,000
Down Payment
$56,250
Term Length
5 years
Balloon Payment
Required
GA — ✅ Owner Finance Friendly

Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in GA before signing any agreement.

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$1,012/month
4 views
Owner Finance
Price: $225,000 · 5 year term
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Listed by
Crayton Lankford
Better Homes and Gardens Real Estate Metro Brokers

REALTOR® with Better Homes and Gardens Real Estate Metro Brokers in Georgia. Reach out with questions about any of my listings, including owner financing terms.

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