Senior Care Facility on
For Sale
$599,999
175 Crowell Rd N, Covington, GA 30014
Residential property suitable for a senior care facility.
Property Size3,479 SF
Lot Size3.19 Acres
Price / SF$172.46
Days on Market191
Property Features for 175 Crowell Rd N
General Information
Standard status
Active
Size
3,479 SF
Lot size
3.19 Acres
Building Details
Year Built
1984
Listing Agency:
CBC Metro Brokers
Listed By:
Greg Nobles · License #133135
(404) 791-6709
Source:
Annakintown
Added: Apr 15
Changed: Oct 6
Last Checked: Oct 7 at 2:12PM
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 CBC Metro Brokers
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential property, currently used as a senior care facility, is a one-level brick building with an unfinished basement. It is situated on a 3.19-acre lot.
Key Highlights
- 3.19 Acre Lot
- One‑Level Brick Construction
- Unfinished Basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,737
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$934,740
$934.7K
Cap Rate 7%
$667,671
$667.7K
Cap Rate 9%
$519,300
$519.3K
Market Conditions
NOI Build-Up for 3,479 SF
Gross rent
$90.6K $26.04/SF
− Vacancy
−$5.6K −$1.61/SF
EGI
$85.0K $24.43/SF
− OpEx
−$38.2K −$10.99/SF
NOI
$46.7K $13.43/SF
Area
Newton County, GA
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$934,740
Cap Rate 7%
$667,671
Cap Rate 9%
$519,300
Alternative Uses
Best Use
Apartment 5plus
$667.7K
$584.2K – $779.0K
NOI $46,737 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$972.5K
$851.0K – $1.13M
NOI $68,076 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 30014, GA
39,247
Population
16,159
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
120.7 sq mi
ZIP Area
325
Density / Sq Mi
$71,055
Median Household Income
$37,714
Median Earnings
$1,199
Median Rent
$253,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Residential property suitable for a senior care facility.
Where is this senior housing / retirement home located?
The property is located at 175 Crowell Rd N Covington, GA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 3.19 Acre Lot; One‑Level Brick Construction; Unfinished Basement
