519 Lawrenceville St - Assisted Livings FOR SALE


Norcross, GA 30071
$4,000,000 USD
404-876-1640
519 Lawrenceville St, Norcross, GA for Sale
$4,000,000 USD
Assisted Livings - FOR SALE
1/17
null | Request Cap Rate

519 Lawrenceville St
Norcross, GA 30071


HIGHLIGHTS

  • This facility was recently renovated in 2019
  • 25 Units: (24) Personal Care / (1) Respite Suite. Licensed for 24 beds.
  • Units include living area and closets with private bathroom and shower
  • Activity room on second floor, patient call system in place, two guest half
  • bathrooms and LED lights throughout
  • The property is fully furnished and is situated on ±0.82 acres

OVERVIEW

Bull Realty is pleased to offer this ± 10,820 SF licensed Personal Care Home that was recently renovated in 2024. 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 25 units 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 25 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.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$370 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metro Atlanta Personal Care Home | 25 Units

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

O-I

APN/PARCEL ID

R6255-093

ASK ABOUT THIS PROPERTY

Ernie Anaya, MBABull Realty Inc.More Info
404-876-1640

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Ernie Anaya, MBABull Realty Inc.More Info
404-876-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.