1141 Corinth Rd - 90% + Occupied Personal Care Home
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1141 Corinth Rd - 90% + Occupied Personal Care Home
5,574 SF Health Care Building Offered at $2,100,000 in Newnan, GA 30263
Investment Highlights
- 90% + Occupancy
- Includes both real estate and business
- Zoned RC | 5.11 Acres also allows for an additional building
- 15 Units licensed personal care home | Can double unit count by turning L-shaped building into U-shaped building.
- Fully furnished
- 10-mile unmet demand is 36 units, growing to 135 units by 2026, 275% increase
Executive Summary
Bull Realty is pleased to offer this 15-unit licensed Personal Care Home, including real estate and business, on 5.11 acres, with ability to add cottages, in Newnan, GA (Metro Atlanta). 90% + occupancy. Below market rental rates.
The total demand is 322 Assisted Living units today growing to 421 in 2026 in the PMA, a 30.74 % increase. There is a total of 286 units with within the 10-mile PMA with 0 planned new units. As the model indicates, the Unmet Demand for Assisted Living units in the Newnan PMA totals 36 units growing to 135 units in 2026, an 275.0 % increase. Demographics for Age 75+ within the 10 mile radius are as follows: Average Household Income is $54,914, average net worth is $910,804, and average housing values are $274,022.
The total demand is 322 Assisted Living units today growing to 421 in 2026 in the PMA, a 30.74 % increase. There is a total of 286 units with within the 10-mile PMA with 0 planned new units. As the model indicates, the Unmet Demand for Assisted Living units in the Newnan PMA totals 36 units growing to 135 units in 2026, an 275.0 % increase. Demographics for Age 75+ within the 10 mile radius are as follows: Average Household Income is $54,914, average net worth is $910,804, and average housing values are $274,022.
Property Facts
| Price | $2,100,000 | Building Size | 5,574 SF |
| Price Per Bed | $140,000 | No. Beds | 15 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Health Care | Year Built | 1991 |
| Property Subtype |
| Price | $2,100,000 |
| Price Per Bed | $140,000 |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | |
| Building Size | 5,574 SF |
| No. Beds | 15 |
| No. Stories | 1 |
| Year Built | 1991 |
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PROPERTY TAXES
| Parcel Number | 076-2074-023 | Improvements Assessment | $204,932 |
| Land Assessment | $30,660 | Total Assessment | $235,592 |
PROPERTY TAXES
Parcel Number
076-2074-023
Land Assessment
$30,660
Improvements Assessment
$204,932
Total Assessment
$235,592
zoning
| Zoning Code | RC |
| RC |
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1141 Corinth Rd - 90% + Occupied Personal Care Home
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