22 Madras Pky - Assisted Livings FOR SALE


Newnan, GA 30263
$1,900,000 USD
678-283-0136
22 Madras Pky, Newnan, GA for Sale
$1,900,000 USD
Assisted Livings - FOR SALE
1/15
null | Request Cap Rate

22 Madras Pky
Newnan, GA 30263


HIGHLIGHTS

  • ±8,878 SF property is suited for healthcare of senior housing facility purposes
  • 12 double occupancy units for residents
  • Immediate occupancy available
  • Fully functioning staff and medical operational areas. Built in 2009.
  • Septic tank just replaced with sewer connection (greater than $50,000 cost)
  • Plans under way to connect Madras Parkway to Highway I-85

OVERVIEW

This ±8,878 SF property is immediately available and located in the area of Newnan, GA. This 12-unit healthcare facility was recently built in 2009 and zoned R-C (Rural Conservation.) Originally built as a Hospice, with special use permit, the property is also suited for other Senior Housing and medical uses requiring zoning approval. This facility includes fully operational medical areas including a medication room, medical waste room and nurses' work room. The 12 patient quarters are suitable for double occupancy; each room contains a living area and a shared bathroom arrangement with shower, commode and sink. Property amenities also include a reception area, conference room, chapel, full kitchen and laundry room. Patient rooms could be converted into exam and treatment rooms in a CLINIC or URGENT CARE CENTER setting. Property is on the corner of GA-29 and Madras Parkway. County is extending Madras Parkway to Highway I-85; this will increase traffic and visibility for the property.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Healthcare Facility | Potential Sale or Lease

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Rehabilitation Center, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.68 AC

LAND SF

116,741 SF

ZONING

R-C

APN/PARCEL ID

084-5140-007A

ASK ABOUT THIS PROPERTY

Ernie Anaya, MBABull Realty Inc.More Info
678-283-0136

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Ernie Anaya, MBABull Realty Inc.More Info
678-283-0136

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