Senior Living Facility | 64 Units
1025 North Chester Avenue
Douglas, GA 31533
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| PRICE : | $7,000,000 |
|---|---|
| PROPERTY TYPE: | Multifamily |
| SITE SIZE: | 15.30 Acres |
| UNITS: | 64 |
| YEAR BUILT: | 2017 |
Highlights
- • 52,990 SF senior housing facility
- • Newly built in 2017
- • 64 resident units: 40 Assisted Living, 16 Memory Care and 8 Independent Living
- • 40% occupancy (stabilization phase)
- • Growing demand for senior living in area
- • Average net worth age 75+ is $515,978
- • Recent Appraisal, P&L, Rent Roll, Market Assessment, Operational Assessment and Pro Forma available with a signed CA
Description
Lakeside Senior Living Facility is a 64-unit senior housing facility specializing in senior living, memory care and independent living. The property was recently built in 2017, with many amenities including dining, gardening, housekeeping, laundry and more.
The area is experiencing tremendous growth in demand for senior living facilities. Today's demand of 138 Senior Living units will grow to 165 units by 2023, a 19.5 % increase.
This property is available as a portfolio with a 49-unit senior housing facility in Kingsland, GA. Contact Bull Realty for additional information.
