Personal Care Home Community | 24 Beds Listing Details & Market Data

452 Ossie Davis Pkwy, Waycross, GA 31501

  • For Sale $2,730,000
  • Property Type Multi-Family
  • Property Size 19,300 SF
  • Units 24
  • Property Tenancy Multi-Tenant
  • Year Built 1954
  • Year Renovated 2003
  • Date Updated Apr 4, 2024
Waycross, GABull Realty is pleased to present this ±19,300 SF licensed Personal Care Home Community comprised of 16 private rooms and 4 double occupancy rooms for a total of 24 beds. There is an addition of ±4,290 SF that includes owner’s living quarters which could be converted to additional units. The facility is currently at 92% occupancy and is under the State of Georgia CCSP Program averaging $2,475.22 per bed. The facility is ideally located in downtown Waycross, GA and is approximately 1 mile from Memorial Satilla Health Hospital.

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Attachments

Highlights

  • 92% Occupancy
  • Potential rental income: $712,863.36
  • Gross operating income: $653,460.00
  • Net operating income/net profit: $325,945.84
  • Asking price: $2,730,000 (12% CAP)
  • Property qualifies for SBA loan with 25 year term and 10% down payment at market % rates

Contacts

broker

Ernie Anaya, MBA

Bull Realty

(404) 876-1640

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (55)

  • Bike Score ®

    Somewhat Bikeable (47)
Powered by Walk Score ®
  • City Waycross, GA
  • Zip Code 31501

Points of Interest

  • Petro

    0.98 miles

  • Kroger

    1.22 miles

  • Flash Foods

    1.36 miles

  • Shell

    1.40 miles

  • RV Fuels

    1.63 miles

  • Friendly Express

    1.74 miles

  • Sav-A-Stop

    1.93 miles

  • Murphy USA

    2.44 miles

  • Burger King

    1.34 miles

  • Taco Bell

    1.53 miles

  • Captain D's

    1.60 miles

  • McDonald's

    1.63 miles

  • Subway

    1.65 miles

  • Applebee's

    1.65 miles

  • Hog-N-Bones

    1.66 miles

  • Firehouse Subs

    1.68 miles

  • Cavagnaros

    1.72 miles

  • Fuji Westside

    1.78 miles

  • Center Junior High School

    0.39 miles

  • Colley Street Vocational School

    0.57 miles

  • Saint Josephs Academy

    0.63 miles

  • Bailey Street School

    0.71 miles

  • University of Georgia

    0.75 miles

  • Center High School

    0.78 miles

  • Williams Heights School

    0.79 miles

  • Alice Street School

    0.80 miles

  • Morton Avenue School

    0.98 miles

  • Central Avenue High School

    1.01 miles

  • Lollipop Kids

    9.73 miles

Contact Listing Broker

broker

Ernie Anaya, MBA

Bull Realty

(404) 876-1640