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8510 Whitefield Ave
Savannah, GA 31406 Outer Southside

$11,800,000 USD

Assisted Living For Sale  •  25,865 SF

Property Details

  • Property Type Assisted Living
  • Total Building Size 25,865 SF
  • Lot Size 2.98 AC
  • Year Built 1997
  • Cap Rate 10.00 %
  • Zoning PR2
0 Transit Score
39 Walk Score

Highlights

100% Memory Care occupancy with waiting list, 36-unit licensed Assisted Living Community
Sale includes Hospice Business licensed across 23 Georgia Coastal Counties. Grandfathered not requiring an office in every county.
± 25,865 SF Memory Care Facility on ± 2.98 acres plus ± 2, 100 SF apartment with full bath
± 2.78 optional acres available for expansion
$1,123,883 average Net Worth ages 75+ within 5 mile radius
Combines Gross Revenue: $4,731,116 and Net Operating Income: $1,179,464

Property Flyers

Cap Rate: 10.00 %

Amenities

  • Waterfront

Public Transportation

AirportDriveWalkDistance
Savannah/Hilton Head International 29 min - 17.0 mi
Hilton Head 71 min - 44.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Ernie Anaya, MBA 678-283-0136 Bull Realty Inc.
Ernie Anaya, MBA 678-283-0136 Bull Realty Inc.