Senior Housing and Assisted Living Facilities for Sale in Tennessee

ID#042338   Approximate Beds/Units:  33   Location:  Warren County

Another firm is pleased to present an Assisted Living Facility in Warren County. This turnkey operation is ready for new ownership. There are 33 beds with almost no vacancies. This 6,846 SF property has community space and designated employee areas . The facility is in a great location not far from Nashville, Murfreesboro, or Chattanooga. Training will be provided to new ownership and the staff is willing to stay.

ID#042337    Approximate Beds/Units: 16+17    Location:  Nashville

Another firm is pleased to present this two-property portfolio in the vibrant Nashville, TN Metropolitan Statistical Area that presents a compelling investment opportunity. Priced at a combined $4,100,000, the portfolio includes a fully stabilized 15+/- bed Memory Care facility and a 20+/- bed assisted living facility in the process of converting to Memory Care, located just 45 minutes apart. Together, these facilities offer immediate cash flow and significant upside potential by leveraging proven systems, processes, and marketing from the established Memory Care operation to enhance the transitioning sister community.

Stabilized Memory Care Facility (15+/- Beds, $2,700,000): Built in 2018, this 6,000-square-foot, stand-alone Memory Care facility features approximately 16 private units and is located in the Nashville MSA near a major medical center and key highways. Owner-managed with a capable care staff and management team in place, it maintains high occupancy and competitive room rates, generating a 2024 gross income of $1,293,000 and a net income of $348,367. This turnkey operation offers a strong foundation for investors, with potential financing through an SBA-backed loan requiring as little as 10% down.

Transitioning Memory Care Facility (20+/- Beds, $1,400,000): This 9,000-square-foot assisted living facility, built in 1995 and recently renovated, is situated in a high-income Nashville-area neighborhood. With 17 private and semi-private units, the property is actively converting to a stand-alone Memory Care facility to meet strong local demand. The area’s only competing Memory Care provider is at capacity with a waiting list and starting rates of $6,900, while this facility receives frequent inquiries for Memory Care services. An experienced nurse manager is in place, ideal for out-of-town buyers. By adopting the operational and marketing strategies of its sister facility, a buyer can unlock significant value and growth potential.

This portfolio offers a rare chance to acquire complementary assets in a high-demand market. The stabilized facility provides immediate returns, while the transitioning property presents a value-add opportunity to capitalize on the growing need for Memory Care services in the Nashville MSA.