Two Assisted Living
217 E Felton Rd Cartersville, GA 30121
217 E Felton Rd, Cartersville, GA, 30121
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For Sale
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Pending
Portfolio includes 71 units across two assisted living facilities, both operating at 92% occupancy.
Lot Size1.50 Acres
Days on Market103
Property Features for 217 E Felton Rd
General Information
- Standard status
- Pending
- Lot size
- 1.50 Acres
- Property subtype
- Senior Living
Listing agency
Marcus & Millichap - Atlanta
Listed by
Anthony Williams · License #GA 342755
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 6:45PM Checked: Jul 20 at 6:45PM
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 Marcus & Millichap - Atlanta
Investment Insights
Based on property information with market context.
This portfolio comprises two assisted living facilities totaling 71 units and 71 beds, with 89 licensed beds. The 38-unit facility is a brick building built in 1993 and renovated in 2013, with updates including a new roof, new heating and air units, and cosmetic improvements. It offers medication management for residents, recreation and activity rooms, full-service dining, and beauty-related services. Unit mix includes private, semi-private, and deluxe options, and the property is currently 92% occupied with historical occupancy levels above 90%.
The second facility includes 33 units in a building originally constructed in 1975, with renovations completed in 2003 and 2013. This property is also currently 92% occupied. The two facilities are approximately 2.4 miles apart, and the first is positioned about 34 miles northwest of Atlanta in Bartow County, with Cartersville Medical Center located less than a mile from the subject property.
The second facility includes 33 units in a building originally constructed in 1975, with renovations completed in 2003 and 2013. This property is also currently 92% occupied. The two facilities are approximately 2.4 miles apart, and the first is positioned about 34 miles northwest of Atlanta in Bartow County, with Cartersville Medical Center located less than a mile from the subject property.
Key Highlights
- Portfolio of two assisted living facilities with 71 licensed beds (71 units) and 89 licensed beds total in one ownership group
- 38‑unit assisted living in Cartersville, GA: 22,262 SF on 1.5 acres, built 1993; renovated in 2013 including new roof and HVAC
- 38‑unit facility operating metrics: 92% occupancy currently and historically maintained over 90% occupancy; rates range $1,895–$3,080
Property Analytics
Location Intelligence
Current Use by Public Records
Assisted living facilities
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- Transitions Hospice Care — 1202 N Tennessee St, Cartersville, GA 30120
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- Assured Hospice Care — 9B Medical Dr NE, Cartersville, GA 30121
- KH Nursing Services — 1124 N Tennessee St, Cartersville, GA 30120
- Omega Health Care of Georgia — 27 Maple Rdg Dr SE suite a, Cartersville, GA 30121
FAQs
What type of property is this?
Assisted living facility - Portfolio includes 71 units across two assisted living facilities, both operating at 92% occupancy.
Where is this assisted living facility located?
The property is located at 217 E Felton Rd Cartersville, GA.
What are key features of this property?
This property features: Portfolio of two assisted living facilities with 71 licensed beds (71 units) and 89 licensed beds total in one ownership group; 38‑unit assisted living in Cartersville, GA: 22,262 SF on 1.5 acres, built 1993; renovated in 2013 including new roof and HVAC; 38‑unit facility operating metrics: 92% occupancy currently and historically maintained over 90% occupancy; rates range $1,895–$3,080
