High Occupancy Personal Care Home | 15 Units with Room to Grow

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 High Occupancy Personal Care Home | 15 Units with Room to Grow is $2,100,000. High Occupancy Personal Care Home | 15 Units with Room to Grow is situated on a lot that is 5.11 acre in size.

Contacts

broker

Ernie Anaya, MBA

Bull Realty

Property Details

  • Property Type Multi-Family
  • Property Size 5,574 SF
  • Units 15
  • Lot Size 5.11 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1996
  • Date Updated Oct 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). High Occupancy 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

  • High 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

  • Pilot

    1.88 miles

  • Shell

    2.36 miles

  • 76

    2.42 miles

  • Sunoco

    3.76 miles

  • Racetrac

    3.85 miles

  • Exxon

    3.93 miles

  • Chevron

    4.08 miles

  • Kroger

    4.55 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

  • Homelodge Newnan

    1.72 miles

  • Casa Bella Bed & Breakfast

    3.43 miles

  • Candlewood Suites Newnan - Atlanta SW

    4.41 miles

  • TownePlace Suites Newnan

    4.41 miles

  • Home2 Suites

    4.46 miles

  • Stay Lodge of Newnan

    5.33 miles

  • La Quinta Inn

    5.50 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

    5.24 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Ernie Anaya, MBA

Bull Realty