| PRICE : | Contact Bull Realty for information |
|---|---|
| PROPERTY TYPE: | Senior Housing |
| SITE SIZE: | 4.60 Acres |
| UNITS: | 55 |
| YEAR BUILT: | 2016 |
Description
Subject to your executed confidentiality agreement, Bull Realty Senior Housing is pleased to present the opportunity to acquire a 55-unit, 64 bed senior housing community. Delivered in 2016 and expanded in 2021, the community offers 37 assisted living units and 18 memory care units. The expanded community is performing well with operations now stabilizing at 95% + occupancy and ±30% operating margins.
The community is in the northeast corner of the Atlanta MSA situated between Athens and Atlanta in the county’s main mixed-use development including shopping, dining, living, medical services and more.
Under-supplied submarket with rapidly growing residential area including new Northeast GA Health System hospital under construction.
