1475 Satellite Blvd NW - 12/4/24 Auction - 42 Unit Assisted Living
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1475 Satellite Blvd NW - 12/4/24 Auction - 42 Unit Assisted Living
29,641 SF Health Care Building Offered at $5,800,000 in Suwanee, GA 30024
Investment Highlights
- 42 Units/47 Beds - Can be used for Assisted Living, Memory Care, or Alternative Use
- Highly Visible 2.71 Acre Site
Executive Summary
BWE Investment Sales (BWEIS) is offering investors the opportunity to acquire Peachtree Villa at Suwanee, a 42-unit/47-bed memory care community in the rapidly growing Atlanta suburb of Suwanee.
The surrounding market area has demographics that are very favorable for seniors housing. The 75+ population is forecast to grow by 7.17% annually between 2022 and 2027 – nearly double the national growth rate. Income levels are high, with an all-ages median of $88K, which is greater than both the MSA and national all-ages medians. Lastly, the area has a robust housing market, with a median housing value of $313K.
This asset is vacant and not currently operating – buyers may elect to re-open as seniors housing, and/or explore alternative uses for the building. The property suffered damages from the freeze earlier in 2023, and much of the sheetrock and flooring has been removed. The property is being sold on an “as is” basis.
The surrounding market area has demographics that are very favorable for seniors housing. The 75+ population is forecast to grow by 7.17% annually between 2022 and 2027 – nearly double the national growth rate. Income levels are high, with an all-ages median of $88K, which is greater than both the MSA and national all-ages medians. Lastly, the area has a robust housing market, with a median housing value of $313K.
This asset is vacant and not currently operating – buyers may elect to re-open as seniors housing, and/or explore alternative uses for the building. The property suffered damages from the freeze earlier in 2023, and much of the sheetrock and flooring has been removed. The property is being sold on an “as is” basis.
Data Room Click Here to Access
Property Facts
| Price | $5,800,000 | Building Size | 29,641 SF |
| Price Per Bed | $123,404 | No. Beds | 47 |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Health Care | Year Built | 2013 |
| Lot Size | 2.71 AC |
| Price | $5,800,000 |
| Price Per Bed | $123,404 |
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Lot Size | 2.71 AC |
| Building Size | 29,641 SF |
| No. Beds | 47 |
| No. Stories | 1 |
| Year Built | 2013 |
Room Mix Information
| Description | No. Beds |
|---|---|
| - | 47 |
1 of 1
PROPERTY TAXES
| Parcel Number | 7-155-597 | Improvements Assessment | $2,150,360 |
| Land Assessment | $422,760 | Total Assessment | $2,573,120 |
PROPERTY TAXES
Parcel Number
7-155-597
Land Assessment
$422,760
Improvements Assessment
$2,150,360
Total Assessment
$2,573,120
zoning
| Zoning Code | C-2 |
| C-2 |
-
Charles Bissell -
Bellwether Investment Sales, LLC
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1475 Satellite Blvd NW - 12/4/24 Auction - 42 Unit Assisted Living
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.