Log In/Sign Up
Your email has been sent.
109 Meyer Farm Rd - 14 Unit Personal Care Home | Arnoldsville, GA 6,290 SF Specialty Building Offered at $1,500,000 in Arnoldsville, GA 30619
Investment Highlights
- Turnkey Facility: The ±6,290-square-foot building was originally constructed in 1997, recently renovated in 2019, and remains in good condition.
- Excellent Accessibility: The property is situated conveniently 84 miles from the Atlanta Airport, ideal for out-of-town families and corporate staff.
- Licensed Care Capacity: The asset is licensed as a 24-bed Personal Care Home and features 14 rooms, which include 11 shared suites and 2 private suite
- Value-Add Financial Upside: The investment boasts a projected Year 1 Cash-on-Cash return of 11.20%, and a 5-Year Leveraged IRR of 39.26%.
Executive Summary
Built in 1997 and renovated in 2019, the ±6,290-square-foot facility sits on a ±2.56-acre site and features a professional kitchen, a dining room, and full bathrooms in every unit. Currently operating as Rainbow Retirement & Assisted Living, the property offers a stable, supportive environment approximately 10 miles southeast of the University of Georgia and downtown Athens. This prime location allows residents to enjoy a quiet exurban setting while maintaining proximity to major medical hubs and community amenities.
Beyond its current use as a licensed personal care facility, this property offers incredible upside and flexibility. Because the site is unzoned, there are no restrictive zoning barriers, presenting a unique potential for conversion to a Drug Treatment center. Furthermore, the facility is highly accessible for families, staff, and traveling professionals, located just 84 miles from the Atlanta Airport. Whether acquired by an owner-operator to expand a senior housing portfolio or repositioned for specialized behavioral health care, this asset provides a rare blend of existing infrastructure and strategic potential.
Beyond its current use as a licensed personal care facility, this property offers incredible upside and flexibility. Because the site is unzoned, there are no restrictive zoning barriers, presenting a unique potential for conversion to a Drug Treatment center. Furthermore, the facility is highly accessible for families, staff, and traveling professionals, located just 84 miles from the Atlanta Airport. Whether acquired by an owner-operator to expand a senior housing portfolio or repositioned for specialized behavioral health care, this asset provides a rare blend of existing infrastructure and strategic potential.
Property Facts
| Price | $1,500,000 | Lot Size | 2.56 AC |
| Price Per SF | $238.47 | Building Size | 6,290 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1997/2019 |
| Building Class | C |
| Price | $1,500,000 |
| Price Per SF | $238.47 |
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 2.56 AC |
| Building Size | 6,290 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1997/2019 |
Amenities
- Wheelchair Accessible
- Air Conditioning
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | A4-007A | Improvements Assessment | $182,960 |
| Land Assessment | $9,280 | Total Assessment | $192,240 |
Property Taxes
Parcel Number
A4-007A
Land Assessment
$9,280
Improvements Assessment
$182,960
Total Assessment
$192,240
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
109 Meyer Farm Rd - 14 Unit Personal Care Home | Arnoldsville, GA