Senior Housing and Assisted Living Facilities for Sale in Tennessee
Senior Housing, Independent Living, Assisted Living and Memory Care Facilities for Sale in Tennessee including Nashville, Memphis, and Knoxville
We aggregate all 16+ Unit senior housing, Independent Living, Assisted Living, and Memory Care facilities and businesses for sale throughout the United States. This information is updated every two weeks.
- Tennessee -
- $4.1 Million
- (Available)
ID#042337Â Â Approximate Beds/Units: 16+17Â Â Location:Â 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.
- Tennessee -
- $2,550,000
- (Available)
ID#042336Â Â Â Approximate Beds/Units:Â 24Â Â Location:Â Lafayette
Another firm is pleased to present this former Assisted Living Facility approximately 1 hour and 10 minutes drive from BNA airport in Nashville, Tennessee. They are currently using the building as an autism clinic. The property could easily be converted back to an assisted living facility as no significant changes have been made to the building. The building boasts large common areas that are fully furnished, a commercial kitchen with appliances, a dining room with tables and chairs, a sunroom, office spaces, and so much more. There are 24 resident rooms that could be individual or potentially double occupancy with twin beds. Each former resident room has a private bath with a handicap-accessible shower. Shortly before transitioning from the assisted living facility to the autism clinic, a new nurses’ station with call buttons for rooms was installed. Out back you will find the Generac 500 gallon diesel generator that will run the entire facility for 72 hours in case of power outages. The building sits in a partially wooded area on approximately 6 acres, allowing for privacy in the back lawn. The location is perfect for those who want to be within driving distance to an international airport and a thriving city but like the peacefulness of a smaller community.
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Assisted Living and Senior Housing Facilities For Sale
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