“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”
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Georgia – 25,865 SF

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