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    Two Assisted Living Facilities
    Updated: Apr 10
    Two Assisted Living Facilities

    217 E Felton Rd, Cartersville, GA 30121

    Contact for pricing
    1.50 AC lot
    Portfolio of two assisted living facilities with 71 licensed beds (71 units) and 89 licensed beds total in one ownership group
    38‑unit assisted living in Cartersville, GA: 22,262 SF on 1.5 acres, built 1993; renovated in 2013 including new roof and HVAC
    38‑unit facility operating metrics: 92% occupancy currently and historically maintained over 90% occupancy; rates range $1,895–$3,080
    33‑unit assisted living facility 2.4 miles away: 17,492 SF built 1975 with renovations in 2003 and 2013; currently 92% occupied
    Portfolio financials include cap rates over 9%: 9.49% for the 33‑unit and over 9% for the 38‑unit, with debt coverage ratios of 1.93 and 2.03
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    Featured Bartow County Real Estate Agencies

    Realmo connects you with licensed Bartow County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    H & H Residential
    700 Douthit Ferry Road, Suite 770 Cartersville, GA 30120
    Phone: 17703821407
    www.handhrealty.net/
    Professional Realty Group Inc.
    25 Stonewall St. Cartersville, GA 30120
    Phone: 17703871706
    www.professionalrealtygroup.net
    Asher Realty
    317 East Main St Cartersville, GA 30120
    Phone: 17703825983
    www.asherrealty.com

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