Senior Housing and Assisted Living Facilities for Sale in Georgia

Haven Senior Investments is pleased to present a 60-unit Assisted Living/Senior Housing Facility near Atlanta GA. This facility was originally built as a personal care home and was most recently used for behavioral health. The real estate, now vacant, has been repossessed by the lender, who is an eager seller. The 30,000 square foot building sits on 1.34 acres in an area with a strong need for both AL and MC. At just over $100 a square foot, this may be the best development opportunity in the Atlanta area. Market site report and building plans available upon request.

An associate firm is pleased to introduce a newly renovated assisted living facility for sale or for lease. The facility has 25 beds and has 11,623 SF on 1.47 acres. The property was built in 1991 and was renovated in 2023.

An associate firm is pleased to introduce a 100% occupied, 24-unit, licensed Personal Care Home Facility, with waiting list, in the heart of Dalton, GA. This ±12,213 SF facility offers 6 spacious suites and 18 charming studios, all with inviting porches that overlook beautifully landscaped grounds. Residents will enjoy the tranquil and rural setting that’s conveniently located within the city and only 2 minutes from I-75. The facility features a lovely award-winning vegetable garden, walk paths, and a cozy gazebo, making it the perfect place to relax and unwind. Safety and security are top priorities at this gated community, equipped with video cameras that ensure residents feel secure and protected. The facility includes a 7,000 SF basement with garages and storage, a ±1,100 SF staff apartment, and an unfinished portion that could be converted into an activity room for current residents. The demand for assisted living units within a 5-mile Primary Market Area (PMA) is increasing with a projected demand of 65 units in 2027, representing an 116.6% increase. With 14.7% of the senior population aged 65+, this facility provides an excellent opportunity to meet the growing demand for senior housing. The average cost of assisted living in Dalton, GA is $3,100 per month, making this facility an affordable option for seniors. The average net worth for ages 75+ within the PMA is $1,088,741, the average household income for ages 75+ within the PMA is $62,090, and the average home value within the PMA is $233,433. U.S. Census disability statistics for Dalton, GA reveal that 34.4% of the population have ambulatory difficulty, while 28.5% require independent living. This facility is designed to cater to the unique needs of these seniors, ensuring they receive the care and attention they deserve. Currently, the facility generates a gross income of $921,600 per year, with a net operating income (NOI) of $490,121 With its impeccable design, stunning location, and excellent income potential, this facility presents an outstanding investment opportunity for those seeking to make a difference in the lives of seniors in Dalton, GA.

An associate firm is pleased to introduce this offering that encompasses a 5-acre campus, located in Dahlonega, which includes two facilities, totaling 48 beds. The two facilities are as follows: Facility #1 is a 24-bed licensed Personal Care Home facility, and Facility #2 is also a 24-bed licensed Personal Care Home facility. Nestled in the foothills of the Blue Ridge Mountains and the Chattahoochee National Forest, Dahlonega is the perfect destination for retirees seeking an authentic mountain getaway only an hour north of Atlanta. Dahlonega offers the best of both worlds: a peaceful retreat in the mountains as well as proximity to the University of North Georgia. The University of North Georgia, accompanied by its charming Downtown area, which is listed on the Historic Register, are just 12 minutes from the subject property. Both facilities include a professional kitchen, warm-up kitchen, sprinkler systems, beauty salon, large rooms with private full baths which are also equipped with refrigerators and microwaves as well as a gas-powered generator. According to a public source, Seniors in Dahlonega pay an average monthly cost of $4,263 for assisted living, which is a little cheaper than the national average but higher than the state average. The subject property’s rent averages $2,296.94 under the State CCSP program and has a strong cash flow. Combined gross income is $972,998.63. The total demand for assisted living in the 17-mile primary market area (PMA) is 436 units today, growing to 589 by 2027, an 35.12% increase. There is a total of 375 assisted living units (including the subject property) within the PMA, with 0 units currently under construction. The unmet demand for assisted living units in the Dahlonega PMA totals 61 units, growing to 214 units by 2027, an 252.8 % increase.

“An associate firm is pleased to introduce this 100% occupied, ± 25,865 SF, licensed Assisted Living community, with waiting list, in Savannah, GA. Comprised of 36 units, the property is equipped with private bathrooms in each unit, a large visitor welcome area, dining hall, beauty salon, commercial grade kitchen, dining hall and multiple indoor and outdoor shared living spaces. Offering includes real estate, memory care business, and additional adjacent lots totaling ± 2.19 acres for potential expansion. As part of the portfolio, also available is their Homecare Hospice LLC business serving 23 counties in and around coastal Georgia. Member of The National Hospice and Palliative Care Organization (NHPCO), and the Georgia Hospice and Palliative Care Organization (GHPCO). Accreditation: Georgia Division of Public Health Medicare and Medicaid Certified.– Combined Gross Revenue: $4,841,001.69 – Combines Adj. Net profit (NOI) after potential add-backs: $1,618,850.26 – National Q3 2022 CAP Rate reported by Real Capital Analytics (RCA) is 5.8% – At 7% CAP, “potential” market value is $22.8 million – Asking $16.5 Million – Potential partial owner financing. Current bank interested in financing new owner. – Staff stays”

An associate firm is pleased to introduce a magnificent facility in the outlying Atlanta, GA area. The facility is being offered at appraisal price. There are 100 plus beds in a well established business with huge upside. The owner is retiring after building this most successful center. It is clearly one of the nicest facilities of its kind in Atlanta and Georgia. The Center has all of the 5-Star amenities, with many options to residents as to rooms, services, and all associated activities and events. Located on 8 acres, this is the ultimate in Senior Assisted Living and Memory Care homes.

An associate firm is pleased to introduce a licensed Assisted Living Community that is moving from an all-memory care to a mix Assisted Living-Memory Care strategy. The 37,432 sf craftsman-style facility was built in 2011 and comprised of four connected “villages” with 16 units each, totaling 64 units with both single and double occupancy rooms with full bathrooms. Because each Village is relatively small, it creates a family atmosphere wherein each resident becomes a member of the family. Within each Village, there is a kitchen, dining room, and areas for activities. Creative activities allow our teams to meet the needs of residents at various levels of cognitive function. Other amenities include a back patio courtyard and picnic area along with an enclosed courtyard with walking paths and four-season porches. Some nearby notable attractions are Downtown Lawrenceville, Freeman’s Mill Park, and the Gwinnett History Museum. The facility is located in a quaint town with southern charm in the heart of Gwinnett County.

An associate firm is pleased to introduce this fully-occupied, ±13,708 SF personal care home located in the historic Downtown Cartersville area. The facility was a former Victorian mansion built in 1880 and includes 27 units with 40 beds and configured as follows: private rooms with private bath, dining facility, salon, other living areas, and more. The community is walking distance to Downtown Cartersville, and less than 10 minutes from Cartersville Medical Center and I-75. Dining, entertainment, schooling and grocery options are all convenient to the property. The property is 100% occupied and the staff will stay.

“An associate firm is pleased to introduce this 15,098 SF personal care home, including business for sale on 4.54 acres. The facility is in pristine condition and is configured as follows: 24 private rooms with private bath, reception/lobby area, dining room, professional kitchen, and more. The property is 100% occupied with an average monthly rent of $2,633. The facility is located southeast of Athens and Northwest of Augusta, in historic Washington, GA. Washington is the county seat of Wilkes County, Georgia and it was briefly designated the state capital during the American Revolution. The city is senior friendly with the Roy L. Burns Senior Center. The Senior Center provides meals and daily activities for seniors aged 60 and over. “

An associate firm is pleased to introduce this 10,820 SF licensed Personal Care Home that was recently renovated in 2019. This offer includes real estate and business, comprised of 25 units on 0.82 acres off Buford Highway in Norcross, GA. The facility is equipped with a security system that includes electronic gate locks and video cameras, suitable for potential Memory Care. This licensed 24-bed personal care home facility is located in a desirable demographic area of Metro Atlanta. The roof was recently replaced and 17 units have been updated. The two-story structure has an elevator and 19 out of 24 units are currently occupied. There is also an extra respite suite; all units are equipped with a full bathroom. This is readily accessible from major highways and this senior housing facility is surprisingly tucked quietly away in Norcross, Georgia, a charming antidote to modern suburbia. With a rich variety of well-preserved historic homes and an authentic turn-of-the-century downtown district, Norcross turns back the clock to simpler times and small-town American life. Norcross is the second oldest city in Gwinnett County and was the first to be placed on the Register of Historic Places.

An associate firm is pleased to introduce a great opportunity for an investor or owner operator to own this licensed Assisted Living Facility (ALF) that’s located in ‘South Georgia.’ The facility has been owned by a dedicated husband and wife team for the past 19 years and has been profitable all along. This 24-room personal and memory care facility is fully occupied with a waiting list. The property is 11,000 SF and sits on approximately 3 acres, allowing for growth in both the extension of the property proper and its services, along with developing independent living residences. The property has ample parking. The average room rent is at around $3,000 per month. The zoning is C4 Commercial. The average time for a resident stay is about 3 years. The average age of residents is 85. The facility has been updated and is in pristine condition and will not require any immediate improvements by new owner. The facility has 24 private rooms with each having its own private bath. There’s an office, a reception/lobby area, and a dining room supported by a professional kitchen. The asking price is $2.5M for both the business and real estate. Approximately $1.9M for the real estate at an 8% Cap Rate, and $600K for the business at a 3 multiplier. Must be purchased as a package! The buyer can be an Owner/Operator, a Semi-Absentee, or a Full-Absentee, there is a manager in place to run the facility. After 24 years of running this operation, owners are looking to retire and will help the buyer transition along with staff.

An associate firm is pleased to introduce a great opportunity for an investor or owner operator to own this pristine, well-kept, well-run licensed Assisted Living Facility (ALF) that’s located in ‘South Georgia.’ The facility has been owned by a dedicated husband and wife team for over 24 years and has been profitable all along. This 24-room personal and memory care facility is fully occupied with a waiting list. The property is 11,000 SF and sits on approximately 3 acres, allowing for growth in both the extension of the property proper and its services, along with developing independent living residences. The property has ample parking. The average room rent is at around $3,000 per month. Zoning is C4 Commercial. The average time for a resident stay is about 3 years. The average age of residents is 85. The facility has been updated and is in pristine condition and will not require any immediate improvements by new owner. The facility has 24 private rooms with each having its own private bath. There’s an office, a reception/lobby area, and a dining room supported by a professional kitchen. Asking price is $1.9M for both the business and real estate. $600K for the business and $1.3M for the real estate and is sold as a package.

An associate firm is pleased to introduce this 15-unit licensed Personal Care Home, including real estate and business, on 5.11 acres, with ability to add cottages, in Newnan, GA (Metro Atlanta). High occupancy. Below market price! The total demand is 322 Assisted Living units today growing to 421 in 2026 in the PMA, a 30.74 % increase. There is a total of 286 units with within the 10-mile PMA with 0 planned new units. As the model indicates, the Unmet Demand for Assisted Living units in the Newnan PMA totals 36 units growing to 135 units in 2026, an 275.0 % increase. Demographics for Age 75+ within the 10 mile radius are as follows: Average Household Income is $54,914, average net worth is $910,804, and average housing values are $274,022. According to Real Capital Analytics, the national Senior Housing CAP Rate in Q3 2022 was 5.8%. With over $200,000 in net profit (NOI), at 7% CAP, the property value is $3,285,714. The property being marketed at $1.9 million (below market) represents potential instant equity. Financials provided with signed NDA. Property qualifies for SBA loan at 90% LTC over a 25 year term at market interest rates.

An associate firm is pleased to introduce two building with 4580 total SF currently operated as an Assisted Living Facility that has 22 beds, dining area, living room, and courtyard. This is a VERY PROFITABLE BUSINESS – 9.2 CAP. The buildings have four sides of brick, 30 year roof, and great access. A condo association takes care of the complex, making a very hands off investment opportunity. Tenants pay their own utilities, and HOA covers water, sewer, trash, insurance and common area maintenance. There are 24 surface parking spaces. The first building has 2280 SF; The second building has 2300 SF. These building are in a fantastic location close to I-85.

“An associate firm is pleased to introduce an 86-unit Independent Living Facility in Metro Atlanta with dining facilities and a large professional kitchen. Occupancy currently is at 70% and expected to stabilize by Q2 2023 with a potential Gross Revenue of $220,000 per month at stabilization and a 40% margin. Q3 2022 Market CAP Rate for Senior Housing, according to Real Capital Analytics (RCA), was 5.8%. Potential Owner Financing Terms (offered by Seller): Purchase Price: $11,500,000 Interest rate on Lease: 6.5% interest payment only Terms: 12 months with the option to extend for another 6 months based on exit financing Lease Payment Escrow. Highlights: • This Class “A” facility was renovated in 2020 and offers the best of independent living • The property is currently in the process of stabilization • Units include a living area with a private bathroom and shower • The property is situated on 2.26 acres • Dining, entertainment and grocery options are all convenient to the property • Property is managed by third party.”