“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.”
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Georgia – Metro Atlanta

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