Assisted Living Facility | For Lease or Sale

Description:

Bull Realty is pleased to present this ±25,069 SF, 45-unit formerly licensed assisted living community providing memory care. The facility is located in Hampton, GA and is 9.5 miles from Interstate 75. The facility offers two safe outdoor spaces for use by residents: a courtyard with a sitting area and a fenced in garden with paved walkways.

There is a new, $1 million, 9-unit addition awaiting Certificate of Occupancy. The total demand is 787 assisted living units today growing to 985 units in 2027 in the PMA, a 25.08% increase. There is a total of 485 assisted living competitive units (including subject property) within the 10‐mile PMA with 0 units under construction. The total demand for memory care units is 236 growing to 295 units in 2027. There are a total of 143 memory care units within the 10‐mile PMA with 0 under construction.

The unmet demand for assisted living units in the Hampton PMA totals 302 units growing to 500 units in 2027, an 63.30 % increase. The unmet demand for memory care is 93 units growing to 152 units in 2027, a 63.55% increase. There are 9 competitive assisted living facilities with an average age of 17 years within the 10‐mile PMA, 4 of the 9 also offer memory care.

FOR LEASE RATE: $16.50/SF
FOR SALE PRICE: $3,800,000.00

This property is located in Hampton, GA.

1 Space Available

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