2106 Mcgee Rd Snellville, GA 30078-2913
This exceptional 42-unit senior living facility, located at 2106 Mc Gee Rd SW in Snellville, Georgia, presents a compelling investment opportunity. The property, totaling 20,178 square feet, underwent a complete renovation in 2023, offering modern amenities and updated infrastructure. Situated on a spacious 3-acre lot, the single-story building boasts 42 beds, providing ample capacity for residents. The asking price is $4,225,000, translating to a price per square foot of $209.39. This property is ideally suited for a 1031 exchange, making it an attractive option for investors seeking tax-advantaged real estate transactions. The property's recent renovation ensures immediate occupancy and strong potential for rental income. Its prime location in Snellville, Gwinnett County (zip code 30078), offers convenient access to local amenities and services. This is a turnkey operation ready for a new owner to step in and manage a thriving senior care business. The property's size and features make it a highly desirable asset in the competitive senior living market. This is a rare opportunity to acquire a well-maintained, recently renovated facility with significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OP-OFFICE PROFESSIONAL · Snellville, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.