8510 Whitefield Avenue Savannah, GA 31406
- Added:
- Nov 25, 2025
- Days on Market:
- 163
- Last Refresh:
- Apr 5 at 8:20 pm
Property Features for 8510 Whitefield Avenue
General Information
- Standard status
- Active
- Property subtype
- Memory Care
Building Details
- Year Built
- 1997
Listing agent Ernie Anaya, MBA License #SC #93244 (404) 876-1640
Listing office (404) 876-1640
Listing date Nov 25, 2025
Source Bullrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Ernie Anaya, MBA
HighLights
- High Net Operating Income: Approximately $1,179,464 NOI annualized, indicating strong profitability.
- 100% Occupancy Memory Care Facility: Demonstrates high demand and consistent revenue stream.
- Hospice License Across 23 Georgia Counties: Provides a significant competitive advantage and revenue opportunity.
- Substantial Revenue Potential: Opportunity to increase revenue by 158.3% in the Tri‑County area.
- Strong Financial Returns: 10% CAP rate and 11.26% Cash on Cash Return.
- Includes Real Estate and Business: Sale encompasses both the physical property and the established operating business.
Overview
Savannah Memory Care Facility For Sale
This is a 100% occupied memory care facility located in Savannah, Georgia. The sale includes both the real estate and the business. The facility is a 36-unit licensed Assisted Living Community, with all units featuring a full bathroom. The property consists of approximately 25,865 square feet on approximately 2.98 acres, plus an approximately 2,100 square foot owner’s apartment with a full bath. There is an option to purchase an additional approximately 2.78 acres available for expansion. The facility has a waiting list. The rent per bed is $5,300.00. The facility also has a Hospice license across 23 Georgia Coastal Counties. The main office is in Savannah and a satellite office is located in Claxton, GA. There are currently 50+ Hospice patients with the opportunity to double the census. Prior to COVID, the census was 100+ patients. The Tri-County area of Chatham, Bryan, and Effingham represents an opportunity to grow revenue. The approximate combined Gross Revenue is $4,731,116 annualized from a March 2025 P&L with an approximate Net Operating Income (NOI) of $1,179,464 annualized from a March 2025 P&L.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Spanish Oaks Retreat
Nursing Home
Spanish Oaks Hospice
Home Health Care Service
ST. JAMES EARLY ...
High School
Similar Places Nearby
- Global Individual Treatment Mgmt - Assisted Living in Savannah — 8505 Cresthill Ave, Savannah, GA 31406
- Spanish Oaks Hospice — 8510 whitefield ave, savannah, ga 31406
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.1014
- Latitude
- 31.9895
Nearby Similar for Sale
FAQs
What type of property is this?
Assisted living facility - 100% Occupancy Memory Care Facility with Hospice License.
Where is this assisted living facility located?
The property is located at 8510 Whitefield Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $11,800,000.
What are key features of this property?
This property features: High Net Operating Income: Approximately $1,179,464 NOI annualized, indicating strong profitability.; 100% Occupancy Memory Care Facility: Demonstrates high demand and consistent revenue stream.; Hospice License Across 23 Georgia Counties: Provides a significant competitive advantage and revenue opportunity.
