Senior Housing Opportunity in Savannah, GA | 36-Units

8510 Whitefield Avenue Savannah, GA 31406

8510 Whitefield Avenue, Savannah, GA, 31406
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FOR SALE
Property Type:
Subsidized Housing
Amount:
$16,500,000
Last Verified:
May 20, 2024

Highlights

  • 100% Memory Care occupancy with waiting list
  • 36-unit licensed Assisted Living Community
  • ± 25,865 SF Memory Care Facility on ± 2.98 acres plus ± 2, 100 SF apartment with full bath
  • Complex is situated on ± 2.98 acres
  • ± 2.19 additional acres available for expansion
  • Offering includes separate licensed Hospice care business
  • Over $1 million average net worth ages 65+ within 5 mile radius

Description

The Senior Housing Group at Bull Realty is pleased to offer this 100% occupied, ± 25,865 SF licensed assisted living community, with waiting list, in Savannah, GA. Comprised of 36 units, the property is equipped with private bathrooms in each unit, a large visitor welcome area, dining hall, beauty salon, commercial grade kitchen, dining hall and multiple indoor and outdoor shared living spaces.

Offering includes Real Estate, Spanish Oaks Retreat Memory Care business, separate Spanish Oaks Hospice Care business and two additional vacant lots totaling ± 2.19 acres. The licensed Spanish Oaks Assisted Living Community provides hospice care to the families in the 23 counties in and around coastal Georgia.

Savannah, a coastal Georgia city, is separated from South Carolina by the Savannah River. It is known for manicured parks, horsedrawn carriages and antebellum architecture and abundant dining and entertainment options.

Savannah, GA


Year Built: 1997
Building Size: 25865sq ft
Lot Size: 2.98 acres


Documents

Offering Memorandum

Map of 8510 Whitefield Avenue, Savannah, GA, 31406

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