Property summary
This exceptional 20,000 square foot senior living community in Sandy Springs, Georgia, presents a compelling value-add investment opportunity. Located at 1 Galambos Wy, 30328, within Fulton County, this single-building property boasts 28 units offering assisted living and memory care services. Built in 1989, the property sits on land zoned RM (Residential Multifamily), providing flexibility for future development or renovations. Currently offered at a price significantly below replacement cost, this bank-owned foreclosure presents a unique chance to capitalize on the growing demand for senior housing in a market with limited new construction. The property's strong potential for increased profitability is underscored by the current lack of new senior housing supply in the area, despite a rising senior population. With effective management and targeted marketing strategies, this asset offers substantial upside potential for a savvy investor. The property's 20,000 square feet of rentable space provides ample room for improvements and upgrades to enhance resident experience and operational efficiency. This is a rare chance to acquire a well-located senior living facility with significant value-add potential in a thriving market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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