Property profile

1 Galambos Way Sandy Springs, GA 30328

OFF-MARKET
Retirement homes
Built 1989
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Property summary

AI-generated overview

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

Verified
Property type Retirement homes
Year built 1989

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Galambos Way Sandy Springs, GA 30328
Sandy Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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