Assisted Living Personal Care
For Sale
$330,000
1865 Waldrep Circle, Marietta, GA 30060
Established personal care home sold as-is and in need of light TLC, with room for clients, patients, and staff.
Property Size1,684 SF
Days on Market102
Property Features for 1865 Waldrep Circle
General Information
Standard status
Active
Size
1,684 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,956
Building Details
Building Size
1,684 SF
Year Built
1954
Listing Agency:
Virtual Properties Realty.Net
Listed By:
Lydia Shumake
(770) 240-2001
Source:
Evatlanta
Added: Jul 1
Changed: Oct 3
Last Checked: Oct 10 at 1:10AM
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 Virtual Properties Realty.Net
Investment Insights
Based on property information with market context.
This assisted living personal care home is being offered as an established facility with the property and the business included in the sale. The layout supports clients/patients and staff, and the offering is sold “AS IS,” with the need for some light “TLC.”
The facility is located in Marietta, close to Westar Cobb Hospital, with easy access to CobbLinc, major highways, shopping, and downtown Atlanta. It is also described as being in close proximity to Truitt Park.
The property is positioned for day-to-day operations within a care setting, and the sale terms reflect that buyers should plan for updates consistent with an “AS IS” condition.
The facility is located in Marietta, close to Westar Cobb Hospital, with easy access to CobbLinc, major highways, shopping, and downtown Atlanta. It is also described as being in close proximity to Truitt Park.
The property is positioned for day-to-day operations within a care setting, and the sale terms reflect that buyers should plan for updates consistent with an “AS IS” condition.
Key Highlights
- Established personal care home offered as‑is and in need of light TLC
- Facility includes space for clients/patients and staff
- Located in Marietta near Westar Cobb Hospital
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,623
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,460
$452.5K
Cap Rate 7%
$323,186
$323.2K
Cap Rate 9%
$251,367
$251.4K
Market Conditions
NOI Build-Up for 1,684 SF
Gross rent
$43.9K $26.04/SF
− Vacancy
−$2.7K −$1.61/SF
EGI
$41.1K $24.43/SF
− OpEx
−$18.5K −$10.99/SF
NOI
$22.6K $13.43/SF
Area
Cobb 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%
$452,460
Cap Rate 7%
$323,186
Cap Rate 9%
$251,367
Alternative Uses
Best Use
Apartment 5plus
$323.2K
$282.8K – $377.1K
NOI $22,623 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$472.9K
$413.8K – $551.7K
NOI $33,101 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30060, GA
39,890
Population
15,036
Households
2.7
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
15.5 sq mi
ZIP Area
2,574
Density / Sq Mi
$62,180
Median Household Income
$34,537
Median Earnings
$1,344
Median Rent
$282,200
Median Home Value
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Similar Off Market Nearby
- Harold Avenue Personal Care — 1969 Benson Ave SE, Smyrna, GA 30080
Frequently Asked Questions
What type of property is this?
Assisted living facility - Established personal care home sold as-is and in need of light TLC, with room for clients, patients, and staff.
Where is this assisted living facility located?
The property is located at 1865 Waldrep Circle Marietta, GA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Established personal care home offered as‑is and in need of light TLC; Facility includes space for clients/patients and staff; Located in Marietta near Westar Cobb Hospital
