Memory Care Facility Opportunity in Savannah, GA | 36-Units

Highlights:

• • 100% Memory Care occupancy with waiting list, 36-unit licensed Assisted Living Community. Rent per bed is $5,200.00. Annualized Gross Revenue is $2,236,213.
• • Hospice Business licensed across 23 Georgia Coastal Counties; “grandfathered” not to require an office in every county. Census is 50+ patients with opportunity to double. Census prior to COVID was 100+ patients. Annualized Gross Revenue is $2,494,902.
• • 18 Hospice patients reside in the Memory Care Facility paying $5,200 per month, plus Hospice Care Services per diem (e.g., 99% Medicare).
• • Facility is ± 25,865 SF on ± 2.98 acres, plus ± 2, 100 SF apartment with full bath
• • ± 2.78 optional acres available for expansion valued at over $700,000 per acre.
• • 9.99% CAP Rate
• • Approximate Combined Gross Revenue: $4,731,116, Net Operating Income: $1,179,464.

Description:

The SenOior Housing Group at Bull Realty is pleased to offer this 100% occupied, ± 25,865 SF licensed assisted living community, with waiting list, in Savannah, GA. Comprised of 36 units, the property is equipped with private bathrooms in each unit, a large visitor welcome area, dining hall, beauty salon, commercial grade kitchen, dining hall and multiple indoor and outdoor shared living spaces.

Plus, Hospice licensed across 23 Georgia Counties. Approximate combined Gross Revenue is $4,731,116 with a combined Net Operating Income (NOI) of $1,179,464 annualized from a March 2025 P&L. Optional 2.78 acres available. Sale includes real estate and business.

Savannah, a coastal Georgia city, is separated from South Carolina by the Savannah River. It is known for manicured parks, horse-drawn carriages and antebellum architecture and abundant dining and entertainment options.

Do not disturb tenants or management. Do not visit the site without an appointment through Bull Realty.

Savannah, GA

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