20 +/- Beds Assisted Living Facility in Valdosta MSA
Asking Price: | $750,000 |
Inventory: | $2,000 |
Real Estate: | $650,000 |
Gross Revenue: | $371,000 |
FF&E: | $35,000 |
KW Commercial and My ALF Consultant are proud to exclusively offer for sale, a 14+/- Bed Personal Care Home (Assisted Living Facility) in a nice residential neighborhood of Georgia’s Coastal Plain.
The property consists of 3 buildings and a total of 6,000 PLUS SF, with 17 PLUS Bedrooms and 10 PLUS Bathrooms. The PCH (Personal Care Home) is licensed for 14 (plus or minus) beds with the ability to increase capacity to 20 beds. There is a Front Living Room, Dining Room, Beauty Salon area, Pantry, and Staff Break room.
This is a unique opportunity to purchase an assisted living facility with a long and stable financial history, and room for growth. This PCH maintains a higher occupancy rate and has stable revenue with long term residents, many on government programs. Current gross monthly income is 30,989. There is currently a manager on site that helps the owner with all aspects of running the business. The owner is in the process with local and state agencies to increase the licensed capacity by 6 beds.
The exterior offers ample parking, a front porch, and a relaxing courtyard for residents to enjoy.
The property is located in a wonderful residential neighborhood surrounded by mature oak trees and just a few blocks from shops and restaurants.
An actual number of beds, property info, address, financials, proformas, photos, and other relevant information are to be disclosed after the NDA is signed.
Prior to closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, add-backs, proformas, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, number of licensed beds, and all other factors pertaining to using these parcel(s) and building(s) for the buyer's intended use.
This Property and Business is listed by: First Atlanta KW Commercial - 200 Glenridge Point Parkway, Atlanta, GA 30342 - Listing Agent: Charlie Gonzalez