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Savannah Memory Care Facility For Sale

8510 Whitefield Avenue Savannah, GA 31406

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For Sale
$12,000,000

100% Occupancy Memory Care Facility with Hospice License.

Type:Memory Care
Added:
Nov 25, 2025
Days on Market:
227
Last Refresh:
May 8 at 8:18 pm

Property Features for 8510 Whitefield Avenue

General Information

Standard status
Active
Property subtype
Memory Care

Building Details

Year Built
1997

Listing office

Listing date Nov 25, 2025

Source Bullrealty

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 Ernie Anaya, MBA


Investment Insights

Based on property information with market context.

This is a 100% occupied memory care facility located in Savannah, Georgia. The sale includes both the real estate and the business. The facility is a 36-unit licensed Assisted Living Community, with all units featuring a full bathroom. The property consists of approximately 25,865 square feet on approximately 2.98 acres, plus an approximately 2,100 square foot owner’s apartment with a full bath. There is an option to purchase an additional approximately 2.78 acres available for expansion. The facility has a waiting list. The rent per bed is $5,300.00. The facility also has a Hospice license across 23 Georgia Coastal Counties. The main office is in Savannah and a satellite office is located in Claxton, GA. There are currently 50+ Hospice patients with the opportunity to double the census. Prior to COVID, the census was 100+ patients. The Tri-County area of Chatham, Bryan, and Effingham represents an opportunity to grow revenue. The approximate combined Gross Revenue is $4,731,116 annualized from a March 2025 P&L with an approximate Net Operating Income (NOI) of $1,179,464 annualized from a March 2025 P&L.

Key Highlights

  • High Net Operating Income: Approximately $1,179,464 NOI annualized, indicating strong profitability.
  • 100% Occupancy Memory Care Facility: Demonstrates high demand and consistent revenue stream.
  • Hospice License Across 23 Georgia Counties: Provides a significant competitive advantage and revenue opportunity.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Spanish Oaks Retreat Nursing Home Spanish Oaks Hospice Home Health Care Service ST. JAMES EARLY ... High School

Suggested Use

Dental Office Restaurant Law Firm Auto Parts Store Cafe & Coffee Shop Electrical Service (Bike/Boat/Book/etc) Store Food Market HVAC Service Bakery

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Global Individual Treatment Mgmt - Assisted Living in Savannah — 8505 Cresthill Ave, Savannah, GA 31406
  • Spanish Oaks Hospice — 8510 whitefield ave, savannah, ga 31406

FAQs

What type of property is this?
Assisted living facility - 100% Occupancy Memory Care Facility with Hospice License.
Where is this assisted living facility located?
The property is located at 8510 Whitefield Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: High Net Operating Income: Approximately $1,179,464 NOI annualized, indicating strong profitability.; 100% Occupancy Memory Care Facility: Demonstrates high demand and consistent revenue stream.; Hospice License Across 23 Georgia Counties: Provides a significant competitive advantage and revenue opportunity.
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