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Senior Living Community Opportunity | 65 Beds

$12,000,000

3056 Cherokee St NW, Kennesaw, GA 30144

Active
Last Updated: 01/26/2024

40,680 sqft

Building Size

90

Occupancy

Details:
Building Size:    40,680 sqft
Occupancy:    90%
Class:    B
Units:    52
Year Built:    1998
Floors:    1
Highlights:
  • 10% owner financing available to qualified buyers
  • Optional “Interest Only Payment” Bank Loan for potential 30-year HUD Refinance
  • Facility provides assisted living, memory care and day care
  • Gross revenue: $2,727,440
  • The average market rent within 5 miles is $5,318 (AL)
  • The average net worth within 5 miles is $1,303,497 (75+)
  • The average house value within 5 miles is $334,535
Description:

Bull Realty is pleased to present this senior living community located in historic Kennesaw, Georgia, that provides a range of services for seniors including assisted living, memory care and day care. The 52-unit facility is situated on a ±4.9-acre property that is zoned CBD (Central Business District).

The community spans over ±40,680 SF, providing ample space for residents to live comfortably. The community is licensed as an assisted living community for 65 beds and designed to provide a homelike atmosphere that promotes independence, dignity and social interaction for its residents with many amenities like a salon and spa.

Call for offers deadline: 8/18/23 at 5pm.


Kennesaw, GA

Map:
Documents:
Title
Offering_Memorandum_Kennesaw__GA.pdf
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Location
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