50-Unit Planned Assisted Living Facility | Loganville, GA
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.