Savannah Memory Care Facility For
For Sale
$12,000,000
8510 Whitefield Avenue, Savannah, GA 31406
100% Occupancy Memory Care Facility with Hospice License.
Property SizeContact for details
Days on Market253
Property Features for 8510 Whitefield Avenue
General Information
Standard status
Active
Property subtype
Memory Care
Building Details
Year Built
1997
Listing Agency:
(404) 876-1640
Listed By:
Ernie Anaya, MBA · License #SC #93244
Source:
Bullrealty
Added: Nov 25, 2025
Changed: Jul 6
Last Checked: Aug 5 at 4:41AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31406, GA
34,579
Population
15,424
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
26.2 sq mi
ZIP Area
1,320
Density / Sq Mi
$66,084
Median Household Income
$41,512
Median Earnings
$1,340
Median Rent
$260,800
Median Home Value
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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
Frequently Asked Questions
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.
