109 Meyer Farm Rd - Specialty FOR SALE


Arnoldsville, GA 30619
$1,500,000 USD
678-781-2916
109 Meyer Farm Rd, Arnoldsville, GA for Sale
$1,500,000 USD
Specialty - FOR SALE
1/18
null | Request Cap Rate

109 Meyer Farm Rd
Arnoldsville, GA 30619


HIGHLIGHTS

  • Turnkey Facility: The ±6,290-square-foot building was originally constructed in 1997, recently renovated in 2019, and remains in good condition.
  • Licensed Care Capacity: The asset is licensed as a 24-bed Personal Care Home and features 14 rooms, which include 11 shared suites and 2 private suite
  • Excellent Accessibility: The property is situated conveniently 84 miles from the Atlanta Airport, ideal for out-of-town families and corporate staff.
  • Value-Add Financial Upside: The investment boasts a projected Year 1 Cash-on-Cash return of 11.20%, and a 5-Year Leveraged IRR of 39.26%.

OVERVIEW

Built in 1997 and renovated in 2019, the ±6,290-square-foot facility sits on a ±2.56-acre site and features a professional kitchen, a dining room, and full bathrooms in every unit. Currently operating as Rainbow Retirement & Assisted Living, the property offers a stable, supportive environment approximately 10 miles southeast of the University of Georgia and downtown Athens. This prime location allows residents to enjoy a quiet exurban setting while maintaining proximity to major medical hubs and community amenities. Beyond its current use as a licensed personal care facility, this property offers incredible upside and flexibility. Because the site is unzoned, there are no restrictive zoning barriers, presenting a unique potential for conversion to a Drug Treatment center. Furthermore, the facility is highly accessible for families, staff, and traveling professionals, located just 84 miles from the Atlanta Airport. Whether acquired by an owner-operator to expand a senior housing portfolio or repositioned for specialized behavioral health care, this asset provides a rare blend of existing infrastructure and strategic potential.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14 Unit Personal Care Home | Arnoldsville, GA

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.56 AC

LAND SF

111,514 SF

ZONING

-

APN/PARCEL ID

A4-007A

ASK ABOUT THIS PROPERTY

Ramon Garcia MoralesBull Realty Inc.More Info
678-781-2916

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Ramon Garcia MoralesBull Realty Inc.More Info
678-781-2916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.