2115 Point Mallard Dr SE Decatur, AL 35601
Assisted living facility in senior-heavy market with regional draw.
Source:
Bullrealty
Listing Agent: Ernie Anaya, MBA
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Decatur Assisted Living Facility Opportunity
Located in Decatur, Alabama, this assisted living facility is situated in a market with a significant senior population. Approximately 18.1% of Decatur's population is 65 or older, which is slightly higher than the national average. The broader Huntsville-Decatur Combined Statistical Area (CSA) indicates a high density target market for assisted living services, with nearly one in five residents being a senior. Decatur serves as a primary service hub for the more rural parts of Lawrence and Limestone counties, being the second-largest city in the CSA, a region encompassing over 880,000 people. The area exhibits economic stability, with a median household income of approximately $63,987 and a cost of living roughly 12% below the national average, suggesting residents have higher-than-average discretionary income for private-pay senior care options. The average net worth for those aged 75 and older is $1,696,281, with an average household income of $70,747 and an average home value of $361,052. Unmet demand within a 10-mile radius is estimated at 196 beds.
Location Intelligence
Current Use by Public Records
Morningside of Decatur
Assisted Living Facility
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Morgan
- State
- Alabama
- Longitude
- -86.9564097
- Latitude
- 34.5925719
Nearby Similar for Sale
FAQs
What type of property is this?
Senior housing facility - Assisted living facility in senior-heavy market with regional draw.
Where is this senior housing facility located?
The property is located at 2115 Point Mallard Dr SE Decatur, AL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: - High density target market for assisted living services due to a significant senior population (approximately 18.1% in Decatur and nearly 1 in 5 in the broader MSA).; - Unmet demand of 196 beds within a 10-mile radius indicates a strong market opportunity.; - Decatur acts as a primary service hub for surrounding rural counties within the Huntsville-Decatur Combined Statistical Area (CSA) with over 880,000 people.