684 Arlington Pl Macon, GA 31201
- Retirement homes
- 2.14 lot acres
Current Use by Public Records
- Antebellum Senior Living on Arlington / Assisted Living Facility
Property Details for 684 Arlington Pl
- Year built
- 1967
- Lot size
- 2.14 lot acres
- Property type
- Retirement homes
Description
This exceptional senior living community in Macon, Georgia, presents a compelling investment opportunity. Located at 684 Arlington Pl, Macon, GA 31201, this property boasts 83 units with 105 beds, totaling 44,000 square feet of rentable space on a 2.14-acre lot. Built in 1967 and renovated in 2015 ($400,000 invested, updating one-third of the rooms), the property currently enjoys 67% occupancy. The property features 41 parking spaces and benefits from a prime location near Mercer University and major healthcare facilities, contributing to strong demand and high occupancy rates. Zoned for Hospitals, Clinics, Nursing homes, Trade or business schools and residential cluster developments (HPD), this asset offers significant upside potential. The property's last sale price was $7 million in 2015, and a recent appraisal valued it at $8.1 million. Annual property taxes are $64,893. This is an ideal opportunity for investors seeking a high-demand senior living asset positioned for immediate success and long-term growth. The asking price is $4,600,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Macon
- County
- Bibb
- State
- Georgia
- Longitude
- -83.6409
- Latitude
- 32.8369
