Personal Care Home | 15 Units with Room to Grow
1141 Corinth Road
Newnan, GA 30263
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
Description
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.
Newnan, GA
Documents
Offering MemorandumPersonal Care Home Acquisition Outlook
Assisted Living Market Analysis
Investment Analysis - Owner Financing
Investment Analysis - SBA 504 Loan
Costar Comps ALF National
Rent Survey
1141 Corinth Rd Property Report
Lot Information
Trade Area Report
CA 1141 Corinth Road, Newnan, GA.pdf

