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22 Madras Pky - Healthcare/Senior Housing Facility | 8,878 SF 8,878 SF Health Care Building Offered at $1,950,000 in Newnan, GA 30263



INVESTMENT HIGHLIGHTS
- ±8,878 SF property is suited for healthcare of senior housing facility purposes
- Fully functioning staff and medical operational areas. Built in 2009
- Plans under way to connect Madras Parkway to Highway I-85
- 12 double occupancy units for residents. Immediate occupancy available
- Septic tank just replaced with sewer connection ($50,000 cost)
- Seller will offer a credit to convert present Kitchenette to a professional kitchen
EXECUTIVE SUMMARY
This ±8,878 SF property is immediately available and located in the area of Newnan, GA. This 12-unit healthcare facility was recently built in 2009 and zoned R-C (Rural
Conservation.) Seller will support rezoning or Special Use Permit application. Originally built as a hospice, with special use permit, the property is also suited for
other senior housing and medical uses such as a clinic or urgent care center requiring zoning approval. This facility includes fully operational medical areas including a medication room, medical waste room and nurses' work room. The 12 patient quarters are suitable for double occupancy; each room contains a living area and a shared
bathroom arrangement with shower, commode and sink. Property amenities also include a reception area, conference room, chapel, kitchenette and laundry room.
Patient rooms could be converted into exam and treatment rooms in a clinic or urgent care center setting. Gas-powered generator, sprinkler, video cameras.
Conservation.) Seller will support rezoning or Special Use Permit application. Originally built as a hospice, with special use permit, the property is also suited for
other senior housing and medical uses such as a clinic or urgent care center requiring zoning approval. This facility includes fully operational medical areas including a medication room, medical waste room and nurses' work room. The 12 patient quarters are suitable for double occupancy; each room contains a living area and a shared
bathroom arrangement with shower, commode and sink. Property amenities also include a reception area, conference room, chapel, kitchenette and laundry room.
Patient rooms could be converted into exam and treatment rooms in a clinic or urgent care center setting. Gas-powered generator, sprinkler, video cameras.
PROPERTY FACTS
| Price | $1,950,000 | Lot Size | 2.68 AC |
| Price Per Bed | $162,500 | Building Size | 8,878 SF |
| Sale Type | Investment or Owner User | No. Beds | 12 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built | 2009 |
| Building Class | B | ||
| Zoning | R-C - Rural Conservation | ||
| Price | $1,950,000 |
| Price Per Bed | $162,500 |
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 2.68 AC |
| Building Size | 8,878 SF |
| No. Beds | 12 |
| No. Stories | 1 |
| Year Built | 2009 |
| Zoning | R-C - Rural Conservation |
AMENITIES
- Wheelchair Accessible
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PROPERTY TAXES
| Parcel Number | 084-5140-007A | Improvements Assessment | $489,317 |
| Land Assessment | $27,336 | Total Assessment | $516,653 |
PROPERTY TAXES
Parcel Number
084-5140-007A
Land Assessment
$27,336
Improvements Assessment
$489,317
Total Assessment
$516,653
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22 Madras Pky - Healthcare/Senior Housing Facility | 8,878 SF
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