100% Occupied Senior Housing Personal Care Home | 15 Units

For Sale

1141 Corinth Road, Newnan, GA 30263

This Newnan property for sale is located at 1141 Corinth Road. The current listed sale price for 100% Occupied Senior Housing Personal Care Home | 15 Units is $1,900,000. 100% Occupied Senior Housing Personal Care Home | 15 Units is situated on a lot that is 5.11 acre in size.

Contacts

broker

Ernie Anaya, MBA

Bull Realty

(404) 876-1640

Property Details

  • Property Type Multi-Family
  • Property Size 5,574 SF
  • Units 15
  • Lot Size 5.11 Acre
  • Property Tenancy Single Tenant
  • Year Built 1996
  • Date Updated Apr 4, 2024
Newnan, GABull 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.

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Highlights

  • 100% Occupancy | Metro Atlanta is 74.6% Occupancy
  • 15 Units licensed personal care home
  • Includes both real estate and business
  • Fully furnished
  • 10-mile unmet demand is 36 units, growing to 135 units by 2026, 275% increase
  • 10-mile net worth at age 75+ is $910,804
  • 10-mile average home value is $274,022
  • 10-mile PMA average rents for assisted living is $5,124
  • Zoned RC

Attachments

Getting around

  • 4/100

    Walk Score ®

  • 26/100

    Bike Score ®

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Location

  • City Newnan, GA
  • Zip Code 30263

Points of Interest

  • BP

    1.64 miles

  • BP

    1.68 miles

  • Pilot

    1.88 miles

  • Shell

    2.36 miles

  • 76

    2.42 miles

  • Sunoco

    3.76 miles

  • Exxon

    3.93 miles

  • Exxon

    4.35 miles

  • Kroger

    4.55 miles

  • Chevron

    4.81 miles

  • member parking lot

    6.43 miles

  • Newnan Park and Ride

    7.12 miles

  • Howard Johnson

    1.66 miles

  • Days Inn

    1.69 miles

  • Super 8

    1.70 miles

  • TownePlace Suites Newnan

    4.41 miles

  • Home2 Suites

    4.46 miles

  • La Quinta Inn

    5.50 miles

  • Holiday Inn Express

    5.67 miles

  • Motel 6

    5.68 miles

  • Sleep Inn Newnan Atlanta South

    5.69 miles

  • Comfort Suites

    5.80 miles

  • Kroger

    4.00 miles

  • Publix

    4.47 miles

  • Food Depot

    4.51 miles

  • Belk

    4.57 miles

  • Kroger Marketplace

    4.63 miles

  • Dillard's

    4.73 miles

  • Big Lots

    4.76 miles

  • Little Giant Supermaket

    4.90 miles

  • JCPenney

    4.91 miles

  • Target

    5.23 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ernie Anaya, MBA

Bull Realty

(404) 876-1640