1141 Corinth Rd Newnan, GA 30263

This exceptional 15-unit personal care home in Newnan, Georgia, presents a compelling investment opportunity. The property boasts 5,574 square feet on a 5.11-acre lot, built in 1996 and currently operating at 90% occupancy. The stabilized investment features a strong NOI of $230,000, translating to a 12.11% cap rate and a price per unit of $126,667. The asking price is $1,900,000, with a price per square foot of $340.87. The property is fully furnished and zoned RC, allowing for potential expansion. Located in a high-demand area, the property benefits from significant unmet demand for assisted living units, projected to increase substantially by 2026. The surrounding demographics showcase high average household income, net worth, and home values, supporting the property's strong financial performance. This is a rare opportunity to acquire a well-established, high-performing senior living facility with significant growth potential in a thriving market. The property includes both the real estate and the established business. The single-story building offers 15 licensed units. Market analysis indicates a substantial unmet need for assisted living in the area, with projections showing a 275% increase in demand by 2026. The average rent for assisted living within a 10-mile radius is $5,124.