100% Occupied Senior Housing Personal Care Home | 15 Units Listing Details & Market Data

1141 Corinth Road, Newnan, GA 30263

  • For Sale $1,900,000
  • 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 Apr 4, 2024
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). 100% 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.

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Attachments

Highlights

  • 100% Occupancy | Metro Atlanta is 74.6% Occupancy
  • 15 Units licensed personal care home
  • Includes both real estate and business
  • Fully furnished
  • 10-mile unmet demand is 36 units, growing to 135 units by 2026, 275% increase
  • 10-mile net worth at age 75+ is $910,804
  • 10-mile average home value is $274,022
  • 10-mile PMA average rents for assisted living is $5,124
  • Zoned RC

Contacts

broker

Ernie Anaya, MBA

Bull Realty

(404) 876-1640

Location

Getting Around

  • Walk Score ®

    Car-Dependent (4)
  • Bike Score ®

    Somewhat Bikeable (26)
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  • City Newnan, GA
  • Zip Code 30263

Points of Interest

  • BP

    1.64 miles

  • BP

    1.68 miles

  • Pilot

    1.88 miles

  • Shell

    2.36 miles

  • 76

    2.42 miles

  • Sunoco

    3.76 miles

  • Exxon

    3.93 miles

  • Exxon

    4.35 miles

  • Kroger

    4.55 miles

  • Chevron

    4.81 miles

  • member parking lot

    6.43 miles

  • Newnan Park and Ride

    7.12 miles

  • Waffle House

    1.63 miles

  • McDonald's

    1.67 miles

  • Subway

    1.88 miles

  • Wendy's

    1.88 miles

  • Dairy Queen

    3.47 miles

  • Pizza Hut

    3.72 miles

  • Waffle House

    3.85 miles

  • Hardee's

    3.98 miles

  • Arby's

    4.00 miles

  • Church's Chicken

    4.04 miles

  • Jefferson Parkway Elementary School

    0.66 miles

  • Newnan High School

    2.39 miles

  • Atkinson Elementary School

    2.56 miles

  • Fairmount School

    2.64 miles

  • Smokey Road Middle School

    2.73 miles

  • Central Education Center

    2.81 miles

  • Warner School

    2.93 miles

  • West Georgia Technical College

    3.04 miles

  • Ruth Hill Elementary School

    3.05 miles

  • Smokey Middle School

    3.10 miles

Contact Listing Broker

broker

Ernie Anaya, MBA

Bull Realty

(404) 876-1640