100 Bed Assisted Living New Construction in Georgia
Business Description
A unique opportunity to acquire a newly constructed, off-market assisted living facility in the Southeast. This state-of-the-art community was developed in multiple phases between 2017 and 2020 and is situated on a sprawling 8-acre campus with resort-style landscaping.
With 50,787 square feet of living space and 96 well-appointed units, the facility is thoughtfully designed to provide high-quality care in a comfortable, home-like environment. Each spacious unit includes a private full bathroom, and there is potential to expand capacity up to 150 residents by converting select larger units into shared accommodations.
Currently operating at 60% occupancy, the facility has seen steady monthly growth through 2024 and into 2025. December 2024 gross rents totaled $203,130, projecting an annualized gross revenue of approximately $2.44 million at current occupancy levels. Ownership is willing to sell at or below cost for a limited time. However, as occupancy continues to increase, pricing is expected to be adjusted accordingly.
Due to the confidential nature of this offering, further details will be provided only to qualified buyers who submit a confidentiality agreement and provide proof of funds or lender qualification.
This Property and Business is offered by: First Atlanta KW Commercial - 200 Glenridge Point Parkway, Atlanta, GA 30342 - Listing Agent: Charlie Gonzalez
With 50,787 square feet of living space and 96 well-appointed units, the facility is thoughtfully designed to provide high-quality care in a comfortable, home-like environment. Each spacious unit includes a private full bathroom, and there is potential to expand capacity up to 150 residents by converting select larger units into shared accommodations.
Currently operating at 60% occupancy, the facility has seen steady monthly growth through 2024 and into 2025. December 2024 gross rents totaled $203,130, projecting an annualized gross revenue of approximately $2.44 million at current occupancy levels. Ownership is willing to sell at or below cost for a limited time. However, as occupancy continues to increase, pricing is expected to be adjusted accordingly.
Due to the confidential nature of this offering, further details will be provided only to qualified buyers who submit a confidentiality agreement and provide proof of funds or lender qualification.
This Property and Business is offered by: First Atlanta KW Commercial - 200 Glenridge Point Parkway, Atlanta, GA 30342 - Listing Agent: Charlie Gonzalez
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 50,787
About the Sale
- Seller Motivation
- Owner's family is relocating
- Transition Support
- Owner will train new owners time period to be negotiated
Listing Info
- ID
- 2356751
- Listing Views
- 1620
Listing ID: 2356751 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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