Assisted Living Facility – Established in 1983(SOLD)

Assisted Living Facility – This well appointed home was established in 1983. There is 11000 SF plus an additional apartment of 2500 SF. The apartment is being used by the owner’s parents and is not bringing in revenue. There are 25 rooms with 32 beds.The present owners prefer to keep the single rooms although the are licensed for a total of 44 beds. Presently there are 30 residents with applications to fill the last two beds. revenue in 2005 hit $560,000 which is consistent with recent previous years. Asking: $2,450,000 ( Price Reduced ).

Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.

Assisted Living Facility – Established in 1986(SOLD)

Assisted Living Facility – Established in 1986. This beautiful southern charm 12,000SF+- home has a great reputation as a top care giver.

They are licensed for 23 but have the capacity for over 35. The present owner is absentee allowing his staff and director to run the daily operations. The revenue has grown from $36,000 month with current residency of fifteen to now over $54,000 with 23 residents. Owner’s discretionary earnings are in the $215,000 range. The owner is mostly absentee now.There is a great upside to increase the current census. Asking $1,550,000 which includes the real estate.

Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.

Assisted Living Facility – 13,000 SF facility(SOLD)

Assisted Living Facility – This 13,000 SF facility sits on a multi acre property in a rural setting.

They are servicing the Gainesville, Athens, Jefferson area NE of Atlanta. They are licensed for 24 and have the capacity to grow without having to physically add to the facility. The home specializes in memory care. The owner’s discretionary income on a part time basis is in excess of $180,000. There are two FT directors in place that would like to stay with a new owner. Asking $1,390,000.

Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.