202 E Bryant Dr - Assisted Livings FOR SALE


Sylvester, GA 31791
$2,500,000 USD
404-642-2360
202 E Bryant Dr, Sylvester, GA for Sale
$2,500,000 USD
Assisted Livings - FOR SALE
1/1
null | 8% Cap Rate

202 E Bryant Dr
Sylvester, GA 31791


OVERVIEW

Pine Shadows Retirement Manor is for sale. This is a great opportunity for an investor or owner-operator to own an Assisted Living Facility (ALF) located in Sylvester, GA. The facility was owned by a dedicated husband-and-wife team for 18 years and was sold to the current owner, a traveling physician, in January of 2024. The property is 11,000 SF and sits on approximately 3 acres, allowing for growth in both the extension of the property proper and its services, or developing independent living residences. The property has ample parking. Room rentals range from $3,720 to $4,600 per month. Zoning is C4 Commercial. The average length of a resident's stay is approximately 3 years. The average age of residents is 85. The facility has been updated and is in pristine condition, and should not require any immediate improvements from the new owner. The facility features 24 private rooms, each equipped with its own private bathroom. There's an office, a reception/lobby area, and a dining room, all of which are supported by a professional kitchen. The current occupancy is 15 rooms, as the facility is transitioning into a private resident-only model. The asking price is $2.5 million. Please contact me for more information.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

C4

APN/PARCEL ID

00600-061-00G

ASK ABOUT THIS PROPERTY

Gus NassifBizbode LLCMore Info
404-642-2360

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Gus NassifBizbode LLCMore Info
404-642-2360

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