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202 E Bryant Dr 11,000 SF Health Care Building Offered at $1,999,000 at a 10.01% Cap Rate in Sylvester, GA 31791
EXECUTIVE SUMMARY
Significant price reduction to sell. Now $1,999,000 from $2,500,000.
Pine Shadows Retirement Manor is for sale. This is a great opportunity for an investor or owner-operator to own an Assisted Living Facility (ALF) located in Sylvester, GA.
The facility was owned by a dedicated husband-and-wife team for 18 years and was sold to the current owner, a traveling physician, in January of 2024.
The property is 11,000 SF and sits on approximately 3 acres, allowing for growth in both the extension of the property proper and its services, or developing independent living residences. The property has ample parking.
Room rentals range from $3,720 to $4,600 per month.
Zoning is C4 Commercial.
The average length of a resident's stay is approximately 3 years.
The average age of residents is 85.
The facility has been updated and is in pristine condition, and should not require any immediate improvements from the new owner.
The facility features 24 private rooms, each equipped with its own private bathroom. There's an office, a reception/lobby area, and a dining room, all of which are supported by a professional kitchen. The current occupancy is 15 rooms, as the facility is transitioning into a private resident-only model.
The asking price is now $1,999,000.
Please contact me for more information.
Pine Shadows Retirement Manor is for sale. This is a great opportunity for an investor or owner-operator to own an Assisted Living Facility (ALF) located in Sylvester, GA.
The facility was owned by a dedicated husband-and-wife team for 18 years and was sold to the current owner, a traveling physician, in January of 2024.
The property is 11,000 SF and sits on approximately 3 acres, allowing for growth in both the extension of the property proper and its services, or developing independent living residences. The property has ample parking.
Room rentals range from $3,720 to $4,600 per month.
Zoning is C4 Commercial.
The average length of a resident's stay is approximately 3 years.
The average age of residents is 85.
The facility has been updated and is in pristine condition, and should not require any immediate improvements from the new owner.
The facility features 24 private rooms, each equipped with its own private bathroom. There's an office, a reception/lobby area, and a dining room, all of which are supported by a professional kitchen. The current occupancy is 15 rooms, as the facility is transitioning into a private resident-only model.
The asking price is now $1,999,000.
Please contact me for more information.
PROPERTY FACTS
| Price | $1,999,000 | Lot Size | 3.00 AC |
| Price Per Bed | $83,292 | Building Size | 11,000 SF |
| Sale Type | Investment or Owner User | No. Beds | 24 |
| Cap Rate | 10.01% | No. Stories | 1 |
| Property Type | Health Care | Year Built/Renovated | 1947/1986 |
| Property Subtype | Assisted Living | Parking Ratio | 2.09/1,000 SF |
| Building Class | C | ||
| Zoning | C4 - Commercial | ||
| Price | $1,999,000 |
| Price Per Bed | $83,292 |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.01% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 3.00 AC |
| Building Size | 11,000 SF |
| No. Beds | 24 |
| No. Stories | 1 |
| Year Built/Renovated | 1947/1986 |
| Parking Ratio | 2.09/1,000 SF |
| Zoning | C4 - Commercial |
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PROPERTY TAXES
| Parcel Number | 00600-061-00G | Improvements Assessment | $229,429 |
| Land Assessment | $16,920 | Total Assessment | $246,349 |
PROPERTY TAXES
Parcel Number
00600-061-00G
Land Assessment
$16,920
Improvements Assessment
$229,429
Total Assessment
$246,349
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202 E Bryant Dr
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