8510 Whitefield Ave - Senior Housing Opportunity in Savannah, GA |
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8510 Whitefield Ave - Senior Housing Opportunity in Savannah, GA |
25,865 SF Health Care Building Offered at $17,718,375 CAD at a 8% Cap Rate in Savannah, GA 31406
Investment Highlights
- 100% Memory Care occupancy with waiting list, 36-unit licensed Assisted Living Community
- ± 25,865 SF Memory Care Facility on ± 2.98 acres plus ± 2, 100 SF apartment with full bath
- $1,123,883 average Net Worth ages 75+ within 5 mile radius
- 25,865 SF Memory Care Facility on ± 2.98 acres, ± 2,100 SF owner’s apartment with full bath
- ± 2.78 optional acres available for expansion
- Gross Revenue: $2,168,651.29, Net Operating Income: Over $1 million
Executive Summary
The Senior Housing Group at Bull Realty is pleased to offer this 100% occupied, ± 25,865 SF licensed assisted living community, with waiting list, in Savannah, GA. Comprised of 36 units, the property is equipped with private bathrooms in each unit, a large visitor welcome area, dining hall, beauty salon, commercial grade kitchen, dining hall and multiple indoor and outdoor shared living spaces.
Offering includes Real Estate, Spanish Oaks Retreat Memory Care business, and optional additional vacant lots totaling ± 2.78 acres. The facility is a licensed as an Assisted Living Community.
Savannah, a coastal Georgia city, is separated from South Carolina by the Savannah River. It is known for manicured parks, horse-drawn carriages and antebellum architecture and abundant dining and entertainment options.
Offering includes Real Estate, Spanish Oaks Retreat Memory Care business, and optional additional vacant lots totaling ± 2.78 acres. The facility is a licensed as an Assisted Living Community.
Savannah, a coastal Georgia city, is separated from South Carolina by the Savannah River. It is known for manicured parks, horse-drawn carriages and antebellum architecture and abundant dining and entertainment options.
Property Facts
Amenities
- Waterfront
Room Mix Information
| Description | No. Beds |
|---|---|
| Memory Care | 36 |
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zoning
| Zoning Code | PR2 |
| PR2 |
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8510 Whitefield Ave - Senior Housing Opportunity in Savannah, GA |
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