Lithia Springs, GA

Bull Realty is pleased to offer this 46,500 SF Independent Living Facility, including business, comprised of 86 units. The property is situated on 2.26 acres and was recently renovated and opened in 2020. Each resident room contains a living area and a private bathroom with shower, commode and sink. The facility is located in Lithia Springs, GA (Douglas County). The property is located in the west suburbs of Atlanta, off Thorton Road & I-20. Conveniently located near a wide variety of shopping, restaurants, medical facilities and easy access to downtown Atlanta and less than 30 minutes to Hartsfield-Jackson Atlanta International Airport.

Savannah, GA

The Senior 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. Offering includes Real Estate, Spanish Oaks Retreat Memory Care business, separate Spanish Oaks Hospice Care business and two additional vacant lots totaling ± 2.19 acres. The licensed Spanish Oaks Assisted Living Community provides hospice care to the families in the 23 counties in and around coastal Georgia. Savannah, a coastal Georgia city, is separated from South Carolina by the Savannah River. It is known for manicured parks, horsedrawn carriages and antebellum architecture and abundant dining and entertainment options.

Kennesaw, GA

Bull Realty is pleased to present this senior living community located in historic Kennesaw, Georgia, that provides a range of services for seniors including assisted living, memory care and day care. The 52-unit facility is situated on a ±4.9-acre property that is zoned CBD (Central Business District). The community spans over ±40,680 SF, providing ample space for residents to live comfortably. The community is licensed as an assisted living community for 65 beds and designed to provide a homelike atmosphere that promotes independence, dignity and social interaction for its residents with many amenities like a salon and spa. Call for offers deadline: 8/18/23 at 5pm.

Dawsonville, GA

Bull Realty is pleased to present North Georgia Assisted Living available for sale. The ±32,567 SF 45-unit facility is licensed for 48 beds, was built in 2015 and renovated in 2019. The community lies in the foothills of the Appalachian Mountains, in Dawsonville, Georgia, one of Atlanta’s upscale northern suburbs. The senior living community offers elegantly detailed interiors with large suites as well as spacious single rooms. Amenities include professional kitchen, theater, beauty salon and more. The property offers assisted living with professional care staff and memory care services. The community is located off of GA-400 and Highway 53, just over 50 miles north of Atlanta. From 2019 to 2020, employment in Dawsonville, GA grew at a rate of 16.4%.

Dacula, GA

Hope Center is a licensed Assisted Living Community that is moving from an all memory care to a mix Assisted Living-Memory Care strategy. The ±37,432 SF craftsman-style facility was built in 2011 and is comprised of four connected “villages” with 16 units each, totaling 64 units with both single and double occupancy rooms with full bathrooms. Because each village is relatively small, it creates a close-knit atmosphere wherein each resident becomes a member of the Hope Center family. Each village includes a kitchen and dining room as well as areas for activities. Other amenities include a back patio courtyard, picnic area and enclosed courtyard with walking paths and four seasons porches. Located in the heart of Gwinnett County, the quaint town of Dacula exudes southern charm. The property lies adjacent to the Gwinnett County Airport and just minutes from the Mall of Georgia. Other nearby notable attractions include Downtown Lawrenceville, Freeman’s Mill Park and the Gwinnett History Museum.

Baldwin, GA

Bull Realty is pleased to present Habersham Retreat, a 72-unit licensed personal care home facility comprised of four buildings totaling ±34,000 SF on 5.1 acres. The facility is located in Baldwin, GA, Banks County, located 76 miles north of Atlanta. Comprised of 4 buildings, the community was renovated in 2017 and includes a beauty salon/barber shop, library, dining room, garden and walking paths for residents.

Dahlonega, GA

This offering encompasses a 5-acre campus which includes two facilities, totaling 48 beds. The two facilities are as follows: Northwoods Retirement Home, a 24-bed licensed Personal Care Home facility, and Evergreen Terrace, a 24-bed licensed Personal Care Home facility. Nestled in the foothills of the Blue Ridge Mountains and the Chattahoochee National Forest, Dahlonega offers breathtaking views, tranquil waterfalls and endless entertainment. The location of the first major U.S. Gold Rush and the Heart of Georgia Wine Country, Dahlonega is the perfect destination for retirees seeking an authentic mountain getaway only an hour north of Atlanta. Dahlonega offers the best of both worlds: a peaceful retreat in the mountains as well as proximity to the University of North Georgia. The University of North Georgia, accompanied by its charming Downtown area, which is listed on the Historic Register, are just 12 minutes from the subject property. Both facilities include a professional kitchen, warm-up kitchen, sprinkler systems, beauty salon, large rooms with private full baths which are also equipped with refrigerators and microwaves as well as a gas-powered generator. According to Caring.com, Seniors in Dahlonega pay an average monthly cost of $4,263 for assisted living, which is a little cheaper than the national average but higher than the state average. The subject property’s rent averages $2,296.94 under the State CCSP program and has a strong cash flow. Combined gross income is $972,998.63. The total demand for assisted living in the 17-mile primary market area (PMA) is 436 units today, growing to 589 by 2027, an 35.12% increase. There is a total of 375 assisted living units (including the subject property) within the PMA, with 0 units currently under construction. The unmet demand for assisted living units in the Dahlonega PMA totals 61 units, growing to 214 units by 2027, an 252.8 % increase.

Cartersville, GA

The Senior Housing Group at Bull Realty is pleased to offer this fully-occupied, ±13,708 SF personal care home located in the historic Downtown Cartersville area. The facility was a former Victorian mansion built in 1880 and includes 27 units with 40 beds and configured as follows: private rooms with private bath, dining facility, salon, other living areas and more. The community is walking distance to Downtown Cartersville, and less than 10 minutes from Cartersville Medical Center and I-75. Dining, entertainment, schooling and grocery options are all convenient to the property. By appointment only. Please do not disturb residents or staff. Financials and market analysis available with Confidentiality Agreement.

Dalton, GA

The Senior Housing Group at Bull Realty, Inc. is pleased to introduce a 100% occupied, 24-unit, licensed Personal Care Home Facility, with waiting list, in the heart of Dalton, GA. Dalton is often referred to as the “Carpet Capital of the World” because it is home to over 150 carpet plants and approximately 100 carpet outlet stores. The industry employs more than 30,000 people in the Whitfield County area. Dalton, GA is located between Atlanta, GA and Chattanooga, TN. This ±12,213 SF facility offers 6 spacious suites and 18 charming studios, all with inviting porches that overlook beautifully landscaped grounds. Residents will enjoy the tranquil and rural setting that’s conveniently located within the city and only 2 minutes from I-75. The facility features a lovely award-winning vegetable garden, walk paths, and a cozy gazebo, making it the perfect place to relax and unwind. Safety and security are top priorities at this gated community, equipped with video cameras that ensure residents feel secure and protected. The facility includes a ±7,000 SF basement with garages and storage, a ±1,100 SF staff apartment, and an unfinished portion that could be converted into an activity room for current residents. The demand for assisted living units within a 5-mile Primary Market Area (PMA) is increasing with a projected demand of 65 units in 2027, representing an 116.6% increase. With 14.7% of the senior population aged 65+, this facility provides an excellent opportunity to meet the growing demand for senior housing. The average cost of assisted living in Dalton, GA is $3,100 per month, making this facility an affordable option for seniors. The average net worth for ages 75+ within the PMA is $1,088,741, the average household income for ages 75+ within the PMA is $62,090, and the average home value within the PMA is $233,433. U.S. Census disability statistics for Dalton, GA reveal that 34.4% of the population have ambulatory difficulty, while 28.5% require independent living. This facility is designed to cater to the unique needs of these seniors, ensuring they receive the care and attention they deserve. Currently, the facility generates a gross income of $921,600 per year, with a net operating income (NOI) of $490,121 With its impeccable design, stunning location, and excellent income potential, this facility presents an outstanding investment opportunity for those seeking to make a difference in the lives of seniors in Dalton, GA.

Covington, GA

The Senior Housing Group at Bull Realty, Inc. is pleased to present a ± 12.2 AC land development in historic Covington, GA for a 204-Unit Independent Living Class A Facility, plus ± 9,600 SF medical office and pharmacy space. This upscale Independent Living development is located in a fast growing commercial area of Covington with easy access to I-20 and across the street from the Newton County Senior Services at 6183 Turner Lake Road. The site is adjacent to a large senior community center along the lake and is well located with good access and exposure. The immediate area has no state-of-the-art independent living facilities similar to the planned operations (residents would have to travel outside the primary market area for services). The independent living units within the project can appeal to the entire spectrum of the senior population base and provide for a continuum-of care for the assisted living services as residents age-in-place. Therefore, the project is anticipated to have a lower turnover rate.

Hampton, GA

Bull Realty is pleased to present this ±20,609 SF, 45-bed licensed assisted living community providing assisted living and memory care. The facility is located in Hampton, GA and is 9.5 miles from Interstate 75. The facility offers two safe outdoor spaces for use by residents: a courtyard with a sitting area and a fenced in garden with paved walkways. There is a new, $1 million, 9-unit addition awaiting Certificate of Occupancy. The total demand is 787 assisted living units today growing to 985 units in 2027 in the PMA, a 25.08% increase. There is a total of 485 assisted living competitive units (including subject property) within the 10‐mile PMA with 0 units under construction. The total demand for memory care units is 236 growing to 295 units in 2027. There are a total of 143 memory care units within the 10‐mile PMA with 0 under construction. The unmet demand for assisted living units in the Hampton PMA totals 302 units growing to 500 units in 2027, an 63.30% increase. The unmet demand for memory care is 93 units growing to 152 units in 2027, a 63.55% increase. There are 9 competitive assisted living facilities with an average age of 17 years within the 10‐mile PMA, 4 of the 9 also offer memory care.

Norcross, GA

Bull Realty is pleased to offer this ± 10,820 SF licensed Personal Care Home that was recently renovated in 2019. This offer includes real estate and business, comprised of 25 units on ± 0.82 acres off Buford Highway in Norcross, GA. The facility is equipped with a security system that includes electronic gate locks and video cameras, suitable for potential Memory Care. This licensed 24-bed personal care home facility is located in a desirable demographic area of Metro Atlanta. The roof was recently replaced, and 17 units have been updated. The two-story structure has an elevator, and 19 out of 24 units are currently occupied. There is also an extra respite suite; all units are equipped with a full bathroom. 519 Lawrenceville Street is located off Buford Highway and benefits from great visibility with traffic counts of 44,282 VPD. Readily accessible from major highways, this senior housing facility is surprisingly tucked quietly away in Norcross, Georgia, a charming antidote to modern suburbia. With a rich variety of well-preserved historic homes and an authentic turn-of-the century downtown district, Norcross turns back the clock to simpler times and small-town American life. Norcross is the second oldest city in Gwinnett County and was the first to be placed on the Register of Historic Places. Do not disturb tenants or management. Do not visit the site without an appointment through Bull Realty.

Franklin, NC

100+ acre golf course for sale with potential redesign to support development of Independent Living in Franklin, NC. The property is located approximately 19.5 miles from Highlands, NC, a very desirable area that has been a mountain respite for vacationers and retirees for over a century; a popular destination for hikers and outdoor enthusiasts, specifically in relation to the Nantahala National Forest, the Great Smoky Mountains, and the Appalachian Trail. The surrounding area is rich in gems and minerals and is known as the “Gem Capital of The World.” The percentage of households over 55+ in a 10-mile radius is 60.6%. The property is in the gated community of Mill Creek Estates. ± 2.8 acres are set aside for potential development of a 88-unit independent living facility as part of the gated community. The active 18-hole course was designed by Bruce Devlin in 1980. Golf course characteristics: Par 72, length 6,153 yards, slope 130, and rating 68.6.

Washington, GA

The Senior Housing Group at Bull Realty is pleased to offer this 15,098 SF personal care home, including business for sale on 4.54 acres. The facility is in pristine condition and is configured as follows: 24 private rooms with private bath, reception/lobby area, dining room, professional kitchen, and more. The property is 100% occupied with an average monthly rent of $2,633. The facility is located southeast of Athens and Northwest of Augusta, in historic Washington, GA. Washington is the county seat of Wilkes County, Georgia and it was briefly designated the state capital during the American Revolution. The city is senior friendly with the Roy L. Burns Senior Center. The Senior Center provides meals and daily activities for seniors aged 60 and over.

Waycross, GA

Bull Realty is pleased to present this ±19,300 SF licensed Personal Care Home Community comprised of 16 private rooms and 4 double occupancy rooms for a total of 24 beds. There is an addition of ±4,290 SF that includes owner’s living quarters which could be converted to additional units. The facility is currently at 92% occupancy and is under the State of Georgia CCSP Program averaging $2,475.22 per bed. The facility is ideally located in downtown Waycross, GA and is approximately 1 mile from Memorial Satilla Health Hospital.

Fayetteville, GA

Bull Realty is pleased to offer this vacant office space. Totaling ±8,878 SF, the property is situated on ±3.09 acres and zoned O Approved uses include medical offices, medical clinic, urgent care center, out-patient surgical center, hospice, nursing home and personal care home. The facility has been updated with new tenant improvements and is configured as follows: 12 rooms suitable for in-patient rooms or medical exam and treatment rooms, reception/lobby area, two offices, chapel, conference room, nurse’s work room, dining room, kitchenette, laundry room, linen storage room, supply room, medication room and utility/washroom. Each room unit shares a “Jack & Jill” bathroom arrangement with shower, commode, and sink. The facility is in Fayetteville, GA (Fayette County) and one mile from Piedmont Fayette Hospital and other medical facilities.

Newnan, GA

Bull Realty is pleased to offer this 15-unit licensed Personal Care Home, including real estate and business, on 5.11 acres, with ability to add cottages, in Newnan, GA (Metro Atlanta). 100% occupancy. Below market rental rates. The total demand is 322 Assisted Living units today growing to 421 in 2026 in the PMA, a 30.74 % increase. There is a total of 286 units with within the 10-mile PMA with 0 planned new units. As the model indicates, the Unmet Demand for Assisted Living units in the Newnan PMA totals 36 units growing to 135 units in 2026, an 275.0 % increase. Demographics for Age 75+ within the 10 mile radius are as follows: Average Household Income is $54,914, average net worth is $910,804, and average housing values are $274,022.

Athens, GA

A build-to-rent “affordable” senior housing community development in a prime university town on ± 8.47 acres consisting of forty single family villas (± 1,200 SF to 1,500 SF) three bedroom/two bath units, with a ± 3,000 SF activity Center and two Pickleball Courts. The project is situated on a ± 8.47-acre landsite zoned as Commercial Rural (CR) with approved uses for Class A Manufactured Homes (P). The development has access to all utilities with a planned wastewater treatment facility saving on county sewer connection fees. The property is located in a fast commercially growing area of Athens in Clarke County.

Loganville, GA

Development site for a proposed 50-unit Jacoby Park Assisted Living Facility, located in Metro Atlanta, in the heart of Loganville, Walton County, Georgia. This proposed development is for a planned 50 unit/50 bed freestanding two-story building. The subject site is located at the northwest quadrant of Jacoby Drive and Bay Creek Road, offering convenient access to major transportation routes, including U.S. Highway 78, which provides efficient transportation to Atlanta and surrounding suburban communities. In addition, the subject is located within proximity to several hospitals, including Emory Healthcare Hospital, Eastside Medical Center and Piedmont Walton Hospital. The population within the subject PMA is forecasted to experience a growth rate of 2.05% over the next five years, which is above the national growth rate forecast. This presents a tremendous opportunity for a senior living community in the area, especially given that income levels for all seniors age groups within the subject PMA are above national averages. The elevation for the proposed development has a modern, functional design with amenities comparable to or superior to competing facilities in the market. Integra Realty Resources conducted a market study of the local market, and their analysis shows that the assisted living and memory care markets are under-supplied, with forecasted levels of under-supply continuing over the next several years. Overall, Proposed Jacoby Park AL and MC represents an excellent opportunity for investors looking to capitalize on the under-supplied senior living market in the area. With a prime location, modern design, and exceptional amenities, this facility is sure to attract residents and become a sought-after destination for senior living.

Duluth, GA

For information regarding this sale or other sold properties and market intel call 404-876-1640 or email info@BullRealty.com.