24 Bed Assisted Living Facility & Business

Fulton County, GA

Seller Financing Available
24 Bed Assisted Living Facility & Business
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Asking Price: Get Financing: $959,000

Cash Flow: $8,821

Gross Revenue: $353,706

EBITDA: $8,821

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2005

24 Bed Assisted Living Facility & Business

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Business Description

Haven Senior Investments is pleased to introduce this licensed 24 bed Assisted Living Facility located in Fulton County, Georgia. The Property consists of 31 rooms, 8 shared bathrooms, a kitchen, dining area and activity room. Although the property has 31 rooms the corporation is licensed for only 24 beds due to accepting CCSB residents. The license can be converted back to a 30 bed and rents increased to $2800+. Marketing and management are key to doubling the revenue. This is a value-add opportunity in a growing area of South Atlanta. $353,706 in 2017 revenue with a NOI of $8,821. 7500 square foot building is valued at $850,000.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
7,500
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(from currently available funds)
 
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John Hauber

Business Listed By:
John Hauber

Haven Realty

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