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Senior Housing
Gwinnett County Assisted Living Facility, from Ernie Anaya
Email: Ernie Anaya
(404) 876-1640 ext. 130

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Gwinnett County Assisted Living Facility Price: $2,500,000.00
519 Lawrenceville Street, Norcross, Georgia
This 25-unit Assisted Living Facility is located in a desirable demographic area of Norcross, Gwinnett County, Georgia. The property was built in 1987 and provides affordable assisted living and elderly care. The market report provided on page 2 shows market rents at $3,900. Property rents currently average $2,271 providing the new property ownership with upside potential. Pro-Forma is available upon request.

The property consists of a 10,820 square foot, two-story structure with 21 out of 24 units occupied. There is also an extra suite (formerly the owner’s suite) equipped with a full bathroom that can be added to the mix. 16 units have been recently renovated and the roof has been recently replaced. All units have private full bathrooms.
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Independent, Assisted Living & Memory Care, from Ernie Anaya
Email: Ernie Anaya
(404) 876-1640 ext. 130

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Independent, Assisted Living & Memory Care Price: $1,800,000.00
North Dalton Bypass & Riverbirch Parkway, Dalton, Georgia
The proposed development can accommodate up to 120 independent living, assisted living, and memory care units. It is to be located on the northwest corner of N. Bypass and Riverbirch Parkway in Dalton, Georgia with 4.6 acres of land zoned C-2. The North Bypass is a median divided, heavily traveled roadway with two lanes extending in each direction. The zoning is defined as general commercial, which includes senior housing.

The property is identified as Lots 12 & 13 of Hammond Creek in Dalton, Georgia. The parcel has a rectangular shape with 610 feet of footage on the North Dalton Bypass and access from Riverbirch Parkway. It has about $1 million of infrastructure with graded to curb level and DOT approved curb and curb gutters, storm drain, and retention pond. The site has all utilities including sewer and ready to build pending permits (architectural plans available).

The site is located alongside a clinic on the Dalton Bypass and adjacent to the Dalton Golf and Country Club, and a gated apartment community. In addition to the clinic, the site is located approximately a mile west of a mixed use development project in progress.

The target market is the affluent market within a 5 mile radius of the site that is not being served. The majority of the beds in the market are small personal care homes not meeting the state code in terms of state requirements for assisted living.

Due to current demand estimates, the proposed unit mix is 30 Assisted Living, 30 Memory Care, and 60 Independent Living. The current market is underserved by 38 Memory Care units, 55 Assisted Living units and 179 Independent Living Units. An Integra Realty Resources Market Study and architectural plans are available at no additional cost.
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Proposed Assisted Living and Memory Care Facility, from Ernie Anaya
Email: Ernie Anaya
(404) 876-1640 ext. 130

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Proposed Assisted Living and Memory Care Facility Price: $952,000.00
280 Harve Mathis Road, Athens, Georgia
This ± 8.42 acre land parcel, proposed for an assisted living and memory care facility, is zoned C-R (Commercial Rural) and is permitted for Congregate Personal Care Homes with sixteen or more clients per an approval letter from Clarke County. The planned facility will be made up of 48 total units consisting of 36 assisted living units and 12 memory care units. The two-story building will contain ± 37,051 square feet on the ± 8.42 acre site. The project is scaleable to 80+ total assisted living beds with future plans to include 20 or more independent living cottages on the site.

This land package includes an approved zoning letter, architectural elevation drawing, floor plan, site plan, survey, topography map, Phase I Environmental, soil analysis, Integra Market Study for Senior Housing and Pro Forma.

The subject property is located off of Harve Mathis Road and Highway 29 in Athens, Georgia, in close proximity to the Clarke County/Madison County border. The area is approximately fifteen minutes from downtown Athens, 6.9 miles away from the University of Georgia and 8 miles from Piedmont Athens Regional.

Located in a rapidly expanding area of Athens Clarke County with the highest percentage of people over 65 years of age in the Athens-Clarke area, Athens has been ranked as one of the Top 25 retirement destinations by Forbes Magazine and is one of the top college towns in America.

For more information, please access deal room here.
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