- For Sale $2,100,000
- Property Type Multi-Family
- Property Size 5,574 SF
- Units 15
- Lot Size 5.11 Acre
- Property Tenancy Single Tenant
- Year Built 1996
- Date Updated May 27, 2026
Description
Newnan, GABull Realty is pleased to offer this 15-unit licensed Personal Care Home, including real estate and business, on 5.11 acres, with ability to add cottages, in Newnan, GA (Metro Atlanta). High Occupancy occupancy. Below market rental rates.
The total demand is 322 Assisted Living units today growing to 421 in 2026 in the PMA, a 30.74 % increase. There is a total of 286 units with within the 10-mile PMA with 0 planned new units. As the model indicates, the Unmet Demand for Assisted Living units in the Newnan PMA totals 36 units growing to 135 units in 2026, an 275.0 % increase. Demographics for Age 75+ within the 10 mile radius are as follows: Average Household Income is $54,914, average net worth is $910,804, and average housing values are $274,022.
Highlights
- 10-mile average home value is $274,022
- 10-mile net worth at age 75+ is $910,804
- 10-mile PMA average rents for assisted living is $5,124
- 10-mile unmet demand is 36 units, growing to 135 units by 2026, 275% increase
- 15 Units licensed personal care home
- Fully furnished
- High Occupancy
- Includes both real estate and business
- Potential Owner Financing for Qualified Buyers with significant down payment
- Zoned RC
False
Contacts
Ernie Anaya, MBA
Bull Realty
Location
Contact Listing Broker
Ernie Anaya, MBA
Bull Realty
