Assisted Living Personal Care
1865 Waldrep Cir Se Marietta, GA 30060
1865 Waldrep Cir Se, Marietta, GA, 30060
$549,900
For Sale
$549,900
Established personal care home sold as-is and in need of light TLC, with room for clients, patients, and staff.
Property Size1,684 SF
Price / SF$326.54
Days on Market23
Property Features for 1865 Waldrep Cir Se
General Information
- Standard status
- Active
- Size
- 1,684 SF
Listing agency
Virtual Properties Realty.Net, LLC.
(770) 778-4815
Listed by
LYDIA SHUMAKE
(770) 778-4815
Source
Exprealty
Added: Jul 1 Updated: Jul 22 at 8:52PM Checked: Jul 22 at 8:52PM
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, LLC.
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
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.9k | $26.04 |
| − Vacancy | −$2.7k | −$1.61 |
| EGI | $41.1k | $24.43 |
| − OpEx | −$18.5k | −$10.99 |
| NOI | $22.6k | $13.43 |
1,684 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$323.2K
$282.8K – $377.1K
NOI $22,623 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$472.9K
$413.8K – $551.7K
NOI $33,101 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Assisted living facilities
Similar For Sale Nearby
Similar Off Market Nearby
- Harold Avenue Personal Care — 1969 Benson Ave SE, Smyrna, GA 30080
FAQs
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 Cir Se Marietta, GA.
What is the asking price?
The asking price for this property is $549,900.
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
