1141 Corinth Rd Newnan, GA 30263
15-unit licensed personal care home with real estate included.
Type:Senior Living
Property size:
5,574 SFLot size:
5.11 AcresPrice / SF:
$376/SF- Added:
- Jan 7, 2023
- Days on Market:
- 1210
- Last Refresh:
- Mar 17 at 1:23 pm
Property Features for 1141 Corinth Rd
General Information
- Standard status
- Active
- Size
- 5,574 SF
- Lot size
- 5.11 Acres
- Property subtype
- Senior Living
Building Details
- Year Built
- 1996
Listing agent Ernie Anaya License #GA 356482
Listing office Bull Realty
Listing date Jan 7, 2023
Source Crexi
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 Bull Realty
Overview
Licensed Personal Care Home Business
This is a 15-unit licensed Personal Care Home, including real estate and business, located in Newnan, GA (Metro Atlanta) on 5.11 acres. The property is zoned RC. The property is fully furnished and currently has 100% occupancy. The property has below market rental rates. The total demand is 322 Assisted Living units today growing to 421 in 2026 in the PMA, a 30.74 % increase. There is a total of 286 units with within the 10-mile PMA with 0 planned new units. The Unmet Demand for Assisted Living units in the Newnan PMA totals 36 units growing to 135 units in 2026, an 275.0 % increase. Demographics for Age 75+ within the 10 mile radius are as follows: Average Household Income is $54,914, average net worth is $910,804, and average housing values are $274,022. Disability statistics age 75+ in Newnan include: Cognitive Difficulty (e.g., Alzheimer’s) – 37.5%, Ambulatory Difficulty – 45.7%, Self-Care – 34.5%, Independent Living Difficulty – 62.2%. The 10-mile PMA average rents for assisted living is $5,124. The property offers the ability to add cottages.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Corinth Road Personal ...
Nursing Home
Similar Places Nearby
- Corinth Road Personal Care — 1141 Corinth Rd, Newnan, GA 30263
Location Insight
- Map
- Local Demand
- City
- Newnan
- County
- Coweta
- State
- Georgia
- Longitude
- -84.8089474
- Latitude
- 33.3300974
Nearby Similar for Sale
FAQs
What type of property is this?
Assisted living facility - 15-unit licensed personal care home with real estate included.
Where is this assisted living facility located?
The property is located at 1141 Corinth Rd Newnan, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 100% Occupancy in Metro Atlanta, significantly outperforming the 74.6% average.; Significant unmet demand for assisted living units in the 10‑mile PMA, projected to grow 275% by 2026.; Includes both real estate and the operating business.
