53 Northwoods Dr - Assisted Livings FOR SALE


Dahlonega, GA 30533
$3,800,000 USD
404-876-1640
53 Northwoods Dr, Dahlonega, GA for Sale
$3,800,000 USD
Assisted Livings - FOR SALE
1/18
null | Request Cap Rate

53 Northwoods Dr
Dahlonega, GA 30533


HIGHLIGHTS

  • Zoning allows for Behavioral Care including Drug Treatment by Right.
  • Situated ± 5.2 acre lot
  • Complexes provide ample kitchen space
  • Gas backup generator located on complex sites
  • Just installed a new roof

OVERVIEW

This facility is currently vacant. Zoning supports a substance abuse residential treatment facility by right. It could also be used for student housing being 10 minutes from the University of North Georgia. It is zoned Agricultural Preservation through Lumpkin County. The offering encompasses a 5-acre campus. It was formerly licensed as a 48-Bed Personal Care Home. Nestled in the foothills of the Blue Ridge Mountains and the Chattahoochee National Forest, about one hour from Atlanta, 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 10 minutes from the subject property. Facility includes 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 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.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Potential Drug Treatment Facility

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing, Rehabilitation Center

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.2 AC

LAND SF

226,512 SF

ZONING

Agricultural Preservation

APN/PARCEL ID

043-187

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.