ID#010953   Approximate Beds/Units: 96    Location:  Southeast Georgia

Another firm is pleased to introduce a unique opportunity to acquire a newly constructed, off-market Assisted Living Facility in the Southeast. This state-of-the-art community was developed in multiple phases between 2017 and 2020 and is situated on a sprawling 8-acre campus with resort-style landscaping. With 50,787 square feet of living space and 96 well-appointed units, the facility is thoughtfully designed to provide high-quality care in a comfortable, home-like environment. Each spacious unit includes a private full bathroom, and there is potential to expand capacity up to 150 residents by converting select larger units into shared accommodations. Currently operating at 60% occupancy, the facility has seen steady monthly growth through 2024 and into 2025. December 2024 gross rents totaled $203,130, projecting an annualized gross revenue of approximately $2.44 million at current occupancy levels. Ownership is willing to sell at or below cost for a limited time. However, as occupancy continues to increase, pricing is expected to be adjusted accordingly. The current owner will train new owners (time period to be negotiated). The current Owner’s family is relocating.