High Occupancy Personal Care Home | 15 Units with Room to Grow

1141 Corinth Road, Newnan, GA 30263

Accepting Offers

High Occupancy Personal Care Home | 15 Units with Room to Grow

Asking Price

$2,100,000

High Occupancy Personal Care Home | 15 Units with Room to Grow

1141 Corinth Road, Newnan, GA 30263

Details

Asset Type: Real Estate

Estate: Fee Simple

Year Built: 1996

Number of Floors: 1

Property Size: 5,574 SF

Property Type: Multifamily

Occupancy %: 100

Land Area: 5.11 Acres

Number of Units: 15

Investment Highlights

High Occupancy
15 Units licensed personal care home
Includes both real estate and business
Fully furnished
10-mile unmet demand is 36 units, growing to 135 units by 2026, 275% increase
10-mile net worth at age 75+ is $910,804
10-mile average home value is $274,022
10-mile PMA average rents for assisted living is $5,124
Zoned RC
Potential Owner Financing for Qualified Buyers with significant down payment

Personal Care Home | 15 Units with Room to Grow

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). High Occupancy 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.

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