Duluth, GA

Country Gardens Duluth, located at 3450 Duluth Park Lane NW, is a part of a two-senior-housing property portfolio in Metro Atlanta. This class “B” assisted living facility is ±46,362 SF and includes 62 units but is licensed for 72 beds. The property is 80% occupied and is situated on 1.95 acres. This facility is in pristine condition and is configured as follows: resident rooms, reception/lobby, dining room, kitchen, laundry room and beauty salon. Each patient room contains a living area and bathroom that contains a shower, commode and sink. According to NIC, the senior housing occupancy in the 5-mile primary market area is 91% with rents at $5,104 for assisted living and $5,933 for memory care. Country Gardens is located in Duluth, GA and less than 1 mile from Northside Hospital Duluth and 6 miles south of Emory Johns Creek Hospital. Portfolio includes a 40-unit assisted living facility located at 4594-4598 Barclay Drive in Dunwoody, GA (Metro Atlanta).

Watkinsville, GA

The Fairways Senior Village is a turnkey, micro CCRC (Continuing Care Retirement Community) development in the affluent Athens submarket of Watkinsville. The site is currently zoned OIP (Office Institutional Professional) and is conditioned specifically for a CCRC (Continuing Care Retirement Community) making it the only property in Oconee county which is zoned this way. It has over ± 744' of frontage on GA-316, which has a traffic count of 22,990 vehicles per day. The ± 24.5 acre site is divided into 2 sections that can be purchased together or separately. Section 1A is comprised of ± 17.9 acres and is entitled for 48 senior cottages, 2,000 SF each. Section 1B is comprised of ± 6.5 acres and entitled for a 158-unit, 115,000 SF, independent living facility. The site includes infrastructure for roads, street lights, utilities and sewer with connection fees included (total of ± 24.5 acres). Possible assemblage with adjacent ± 6.3 acres. This project includes a market study/feasibility study, site plan, survey, geotech reports, elevations and work plans for the 48 senior cottages. Watkinsville is located about one-hour from Metro Atlanta and in the path of growth between Athens and Atlanta. The average net worth within a 3 mile radius of the site for age 75+ is $1,116,400, the community is part of the Athens 200,000+ population MSA which ranks #3 out of 26 most desirable retirement destinations in the US according to Forbes Magazine.

Dallas, GA

Bull Realty is pleased to offer this 12,186 SF personal care home, which includes the business with 34 rooms and licensed for 42 beds. High unmet demand and increasing area rents for assisted living in Dallas, GA make this a prime investment opportunity. The property is situated on 1.03 acres and zoned C-3. The facility is well kept and is configured as follows: 34 patient rooms, reception/lobby area, dining room, kitchen, laundry room and beauty salon. Each patient room includes a living area and private bathroom with a shower. The unmet demand for assisted living units in a 10-mile radius is 244 with rents averaging above $4,000. The community is located minutes from WellStar Health Systems and less than one hour from Downtown Atlanta, GA. The property is located conveniently accessible to urban living.

Atlanta, GA

The Enclave is a limited-access, gated community conveniently located near all that West Midtown has to offer. The site has easy access to I-285, I-75, W. Midtown & Downtown Atlanta. B’s Cracklin BBQ, Scofflaw Brewery and Nuevo Laredo are some neighborhood favorites, while a brand-new Publix-anchored development is just down the road. Outdoor living is available with numerous parks, the Chattahoochee River and several trails to explore nearby. This value-add opportunity has huge upside potential to push rents with cosmetic renovations. Five out of the thirty units have recently been renovated. Renovations include well-equipped kitchens that include stainless steel appliances, granite countertops, new flooring and fresh paint. All units include stackable washer/dryer and balconies/patios.

Riverdale, GA

Bull Realty is pleased to present the opportunity to acquire Atlanta Amberwood Apartments, an eight-building apartment complex consisting of 53 units in Riverdale, Georgia. The property has rent growth potential for near term as rent comps in the area are currently higher than the subject property. Atlanta Amberwood Apartments is newly-renovated with over $575,000 in capital improvements including new roofs, HVAC, interior and exterior updates. The community has also been converted over to 100% electric. The property has brick veneer construction, consists of 96,420 SF and is situated on 4.9 acres. The 53-unit complex features (53) 2-bedroom/1.5-bath. All units are comprised of a living room, dining area and kitchen.

Dunwoody, GA

Country Gardens at Dunwoody, located at 4594-4598 Barclay Drive, is a part of a two-senior-housing property portfolio in Metro Atlanta. This class “B” assisted living facility is ± 33,405 SF and includes 40 units but is licensed for 50 beds. The property is 70% occupied and is situated on ±3.63 acres. This facility is in pristine condition and is configured as follows: resident rooms, reception/lobby, dining room, kitchen, laundry room and beauty salon. Each patient room contains a living area and bathroom that contains a shower, commode and sink. The campus includes a vacant 9,237 SF former-hospice building that can be used as a clinic or hospice (reference page 6). According to NIC, the senior housing occupancy in the 5-mile primary market area is 91% with rents at $5,104 for assisted living and $5,933 for memory care. Country Gardens is located in Dunwoody, GA and less than 4 miles from Northside Hospital Atlanta and 1 mile of Peachford Hospital. Portfolio includes a 62-unit assisted living facility located at 3450 Duluth Park Lane NW in Duluth, GA (Metro Atlanta).

Atlanta, GA

711 Piedmont is a 22-unit apartment building located within walking distance to Piedmont Park, The Fox Theatre, two MARTA transit stations, and the Midtown Financial District. Additionally, the area draws tenants from its proximity to Georgia Tech, Georgia State University, The High Museum, and other numerous cultural activities. 711 Piedmont was constructed in 1926 and features several of the familiar charm and characteristics of properties built in this era. The classic style units feature hardwood floors, high ceilings, extensive molding, eat-in kitchens and classic built-in cabinets. Tenants enjoy both on and off-street parking as well as controlled access entry and on-site laundry. Prime location on Piedmont Ave allows for easy and convenient access to Piedmont Park, Midtown retail and shopping and I-85/I-75. This property presents an investor the opportunity to purchase a 100% occupied stabilized asset in an unmatched location and create value with cosmetic renovations and bringing the current low rents up to market rates. Midtown has steadily remained one of the strongest rental markets in Metro Atlanta and is expected to be one of the first areas to see rent growth associated with a growth cycle.

Athens, GA

Bull Realty is pleased to offer this 11,442 SF personal care home, including business, comprised of two buildings with 30 rooms for sale on 2 acres. The facility is in pristine condition and is configured as follows: 8 double-patient rooms, 14 single rooms, reception/lobby area, dining room, multiple kitchens, a laundry room and a beauty salon. The property is 100% occupied and has a waiting list. The facility is located in Athens, GA and 4 miles east of The University of Georgia. Current occupancy in the 10-mile primary market area is 97% with rents above $4,000 for assisted living and above $6,000 for memory care. Option 3,526 SF office building sold separately for $353,920 or together for $3,553,920.

Dahlonega, GA

This 30-unit structure has all necessary operational certifications and licensing to operate as a senior housing facility. The primary market area in which this property is located, shows favorable operational analysis and strong need for assisted senior housing. The high-quality vinyl and brick building was constructed in 2000 and can accommodate 60 beds. The property expands over 11 acres and has 4 additional building sites available for further development.

Forest Park, GA

Bull Realty is pleased to present Waters Edge Apartments - a value-add, 48-unit apartment community in the Forest Park submarket of Atlanta. The property features a unit mix of 36 (2) bedroom (1) bath units & 12 (1) bedroom (1) bath units. These units are very spacious with 728 SF, 1-bedroom units and 850 SF, 2-bedroom units. All units have central HVAC and off-street parking. The property overlooks a large pond which provides a very relaxing and peaceful environment. Rental rates in Forest Park continue to increase, while the average rent at Waters Edge is below market rent at $582. Based on current market trends, there is room to increase unit rent and upside potential with cosmetic renovations. Please refer to the rent survey on page 13 for additional information. The community is 4.3 miles away from Hartsfield-Jackson Atlanta International Airport, with easy access to I-75, I-285 and I-85. The surrounding community and infrastructure support the airport and many dining, hospitality and businesses are in close proximity.

Winder, GA

Bull Realty is pleased to this offer 8,878 SF Memory Care facility, originally built as a hospice. The 14-unit healthcare facility is currently vacant and is zoned B-1. The facility is fully-furnished for a memory care and is located at the entrance of a 55+ senior community. The facility has been recently renovated with new tenant improvements and is configured as follows: 22 beds | 6 single units and 8 double occupancy units with dividers, reception/lobby area, two offices, sitting room, conference room, nurses work room. dining room, staff break room, kitchen, laundry room, medical waste room, linen storage room, supply room, medication room and utility wash room. Each patient room contains a living area and a shared-bathroom arrangement with shower, commode and sink.

Fayetteville, GA

Bull Realty is pleased to offer this recently renovated healthcare facility, originally built as a hospice care center. This property is 8,878 SF, situated on 3.09 acres and zoned O-I. The facility has been updated with new tenant improvements and is configured as follows: 12 patient rooms suitable for double occupancy, reception/lobby area, two offices, chapel, conference room, nurses’ work room, dining room, staff break-room/kitchenette, laundry room, medical waste room, linen storage room, supply room, medication room and utility/wash room. Each patient room contains a living area and a shared bathroom arrangement with shower, commode and sink. All units are fully furnished. The facility is located in Fayetteville, GA (Fayette County) and in the vicinity of Piedmont Fayette Hospital and other medical facilities

Madison, GA

Bull Realty is pleased to offer this adaptive reuse/redevelopment opportunity for a 25-bed inpatient healthcare facility. This property is 29,289 SF and situated on ±4.66 acres, with an additional medical office building offering 3,763 SF of space on an additional ± 0.17 acres. There is also an optional 1.36 acres with 125' frontage on US Hwy 278. The property is zoned PI (Professional/Office/Institutional) and CDO (Corridor Design Overlay District.) Approved zoning uses allow for nursing homes, personal care establishments, medical/professional offices and townhouses.

Newnan, GA

Bull Realty is pleased to offer this 8,878 SF healthcare facility, originally built as a hospice. The 12-unit healthcare facility is currently vacant and is zoned R-C (Rural Conservation). Suitable uses include: senior living facility/memory care, inpatient physical rehab with Certificate of Need, nursing home or other medical/healthcare uses. The facility is configured as follows: 12 patient rooms suitable for double occupancy, reception/lobby area, two offices, chapel, conference room, nurses’ work room, dining room, staff break room/kitchenette can be easily converted to a full kitchen, laundry room, medical waste room, linen storage room, supply room, medication room, and utility/wash room. Each patient room contains a living area and a shared bathroom arrangement with shower, commode and sink.

Madison, GA

The ± 6.85 acre site has a relatively flat topography and adequate utilities on-site. Zoned and entitled for anticipated senior development. The site boasts frontage on two roadways: Eatonton Road and Fairground Road. Located just minutes from historic Downtown Madison, retail, grocery stores, churches, schools and residential neighborhoods. It is also situated in close proximity to the newly-relocated Morgan Medical Center. The new 26-bed state-of-the-art hospital has replaced the former Morgan County Hospital. This I-20 corridor, east of Atlanta and west of Augusta, is an excellent opportunity to secure a strong presence in the senior housing market.

Decatur, GA

450 Medlock Road is a 11-unit multifamily property conveniently located near all that Downtown Decatur has to offer. Suburban Plaza Shopping Center and Emory Decatur Hospital and many amenities are located minutes from the property. The site has easy access to I-285 & Downtown Atlanta. Seven out of the eleven units have recently been renovated. Renovations include refinished hardwood floors, fresh paint, granite and stainless steel kitchens with updated light fixtures, etc. These spacious 1 bedroom / 1 bathroom units have wonderful natural light and off-street parking available. This property offers upside-potential with exterior developments. The site has land available to expand outdoor recreation or to build self-storage pods for additional income.

Albany, GA

Unique river-front assemblage redevelopment opportunity of 10 historic single-story retail properties situated on 1.93 acres. The assemblage is located in the heart of The RiverFront District in Downtown Albany, in the center of the city’s progressive redevelopment track with a wide range of new and future developments revitalizing the area. This assemblage is an excellent renovation/redevelopment opportunity ideal for class “A” offices, multifamily developments, retail shops and restaurants. It is close to Albany State University, the Flint RiverQuarium, government offices and businesses. Developments adjacent to the assemblage include a $10 million renovation of the future Albany Museum of Art, scheduled to open 2021, and a pending new hotel redevelopment for the historic Davis Exchange Building. The assemblage currently has one tenant and is located in a Qualified Opportunity Zone.

Watkinsville, GA

This site is ideal for a potential age-restricted Class A apartments in the affluent Athens submarket of Watkinsville. The site is zoned OIP (Office Institutional Professional) and is conditioned specifically for a CCRC (Continuing Care Retirement Community/Assisted Living.) The ± 6.3 acre site has ±1,044' of frontage on GA-316 and complimenting the adjoining ± 24.5 acre property, currently zoned OIP for an Assisted Living, Memory Care, and Independent Living Cottages Senior Living Village. This site is adjacent to Jennings Mill County Club which offers potential golf cart access. It is also situated near a destination shopping mall, with medical offices such as the Piedmont Oconee Hospital, DaVita’s Dialysis Center and a new Mercedes Benz dealership also in close proximity. The Athens MSA is ranked as the second best retirement destination in the country according to Forbes Magazine. The University of Georgia adds to the cultural attractiveness of the area. Watkinsville is located about one-hour northwest of Metro Atlanta and in the path of growth between Athens and Atlanta. The average net worth within a 3 mile radius of the site for age 75+ is $1,116,400. The community is part of the Athens 200,000+ population MSA which ranks #3 out of 26 most desirable retirement destinations in the US, according to Forbes Magazine.

Albany, GA

The Davis-Exchange Bank Building, located on 100-102 N. Washington Street, is listed on the National Register of Historic Places (#84000981). The building is located in the heart of Downtown Albany, just walking distance to great dining, shopping and entertainment. This 1920 historic building was designed by the award-winning J. Edwin R. Carpenter, who is known for his apartment buildings gracing New York City’s Fifth and Park Avenues. The Davis-Exchange Bank Building stands 85’ above the city and consist of six stories, making it the tallest building in Albany, Georgia. Not only does this building include a part of Albany’s rich history, it also includes breathtaking views of downtown Albany and the picturesque Flint River.

Athens, GA

The commercial zoned 8.42 acre site is flat, wooded, and entitled for senior housing. It is located at the center of the highest density of 65+ senior population in the county with over 16.31% according to PolicyMap. Clarke County has the highest incidence of Alzheimer's in the State of Georgia with 14.6% . In addition, the US Census shows that for the population 75+, the independent living difficulty rate is 26% while the "cognitive impairment" rate is also high at 16.6%. CMS data also shows there are over 4,169 patients under cognitive enhancing drugs for Alzheimer's, being prescribed by the top Namenda/Exelon prescribing physicians in that market -- that is a factor of 34 Alzheimer's patients per every Memory Care Unit. Site has a "country feel" within the Athens MSA perimeter, and in a developing commercial area experiencing rapid growth with several planned retail projects, as indicated by Athens-Clarke Land Development Plan (see attached). Site is in the vicinity of a new Kroger Mart, Piedmont Urgent Care, Athens Technical College, Athens Christian Academy, VA Administration, and within a 12 minute drive from most locations within Athens-Clarke County including The University of Georgia main campus, University of Georgia Health Center, and Piedmont General Hospital. Easy access to Athens Loop, and four lane GA 29 and GA 72 highways.