510 Reed Rd Dalton, GA 30720
24-unit personal care home in Dalton, GA, 90%+ occupied.
Building Details
- Year built
- 1989
Source:
Bullrealty
Listing Agent: Ernie Anaya, Mba
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Dalton Personal Care Home Facility
Located in Dalton, GA, this licensed Personal Care Home Facility features 24 units and is over 90% occupied with a waiting list. The ±12,213 SF facility is situated on a ±2.15 acre site and includes 6 suites and 18 studios, each with porches overlooking landscaped grounds. The property features an award-winning vegetable garden, walk paths, and a gazebo. A gated community with video cameras ensures resident security. The facility also includes a ±7,000 SF basement with garages and storage, and a ±1,100 SF staff apartment. An unfinished portion of the property could be converted into an activity room. The facility is located within the city and is 2 minutes from I-75. The property is designed to cater to the unique needs of seniors, with 34.4% of the population having ambulatory difficulty and 28.5% requiring independent living. The facility generates a gross income of $913,800 per year, with a net operating income (NOI) of $469,289. Demand for assisted living units within a 5-mile Primary Market Area is increasing with a projected demand of 65 units in 2027, representing an 116.6% increase.
Location Intelligence
Current Use by Public Records
Pleasant Valley Personal ...
Assisted Living Facility
Location Insight
- Map
- Local Demand
- City
- Dalton
- County
- Whitfield
- State
- Georgia
- Longitude
- -84.974148
- Latitude
- 34.806581
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FAQs
What type of property is this?
Senior housing facility - 24-unit personal care home in Dalton, GA, 90%+ occupied.
Where is this senior housing facility located?
The property is located at 510 Reed Rd Dalton, GA.
What is the asking price?
The asking price for this property is $3,999,990.
What are key features of this property?
This property features: - High Occupancy Rate: 90%+ occupancy indicates strong demand.; - Strong Financial Performance: Generates a gross income of $913,800 per year, with a net operating income (NOI) of $469,289.; - Growing Market Demand: Projected 116.6% increase in demand for assisted living units within a 5-mile radius by 2027.