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    FOR SALE
    Assisted living facilities

    5690 State Bridge Rd, Johns Creek, GA 30022

    44,716 SF 1.92 ac lot Built 1997
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US22-1617743
    Property summary
    AI-generated overview

    This exceptional assisted living facility, situated on a spacious 1.92-acre lot in Alpharetta, Georgia, presents a unique investment opportunity. The property boasts a substantial 46,590 square feet of space, housed within a single, three-story building constructed in 1997. The facility currently comprises 59 residential units, catering to a significant resident population. Its strategic location within Johns Creek, Georgia offers unparalleled convenience and accessibility. Nearby amenities include a wide array of essential services and recreational options. Hospitals and emergency care facilities are readily available, ensuring residents' well-being. Residents and their families can easily access restaurants, shopping centers, parks, and museums, enhancing their quality of life. Furthermore, the property's proximity to a nature reserve and the Chattahoochee River provides residents with access to tranquil natural surroundings. This well-established facility presents a compelling investment prospect in a thriving and desirable location, offering significant potential for continued success and growth within the assisted living sector. The property's size, unit count, and prime location combine to create a highly attractive offering for investors seeking a stable and rewarding investment in the healthcare real estate market. The building's age and condition are factors to be considered in a thorough due diligence process. The property is offered at $2,375,000.

    Property profile
    Verified
    Property type Assisted living facilities
    Use group HOMES (RETIRED, NURSING)
    Year built 1997
    Construction STEEL FRAME
    Total area 44,716 SF
    Lot 1.92 ac (83,635 SF)
    Zoning code OIC
    APN 11 083002860644
    UPID US22-1617743
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.70M
    Blend (final) Blend
    $3.60M
    Owner & transaction history
    Rocklyn Homes INC · 2 yrs held
    Rocklyn Homes INC
    since 2024
    6 recorded transactions
    2024
    2024
    2023
    $2.8M
    2007
    2004
    2004
    $7.9M
    Zoning & alternative use
    OIC · Johns Creek, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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