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    OFF-MARKET
    Retirement homes

    1 Galambos Way, Sandy Springs, GA 30328

    Built 1989
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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