| PRICE : | $9,418,200 |
|---|---|
| CAP RATE: | 9% |
| PROPERTY TYPE: | Senior Housing |
| UNITS: | 1 |
| YEAR BUILT: | 2015 |
Highlights
- • 45-unit licensed assisted living facility
- • Offers assisted living and memory care services
- • Current occupancy expected at 90%+ next month
- • Pending rent increase
- • Community amenities include private dining room for special events and parties, craft/hobby area, library, TV lounge, beauty salon and barber shop and movie theatre room
- • Nearby attractions include Amicalola Falls State Park, Dawson Forest Nature Preserve and Georgia Racing Hall of Fame
Description
Bull Realty is pleased to present North Georgia Assisted Living available for sale. The ±32,567 SF 45-unit facility is licensed for 48 beds, was built in 2015 and renovated in 2019. The community lies in the foothills of the Appalachian Mountains, in Dawsonville, Georgia, one of Atlanta’s upscale northern suburbs. The senior living community offers elegantly detailed interiors with large suites as well as spacious single rooms. Amenities include professional kitchen, theater, beauty salon and more. The property offers assisted living with professional care staff and memory care services. The community is located off of GA-400 and Highway 53, just over 50 miles north of Atlanta. From 2019 to 2020, employment in Dawsonville, GA grew at a rate of 16.4%.
