For Lease
$16.50/SF/YR

3084 Highway 81Hampton, GA 30228

45-bed facility, high demand market

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 20,609-square-foot assisted living facility, situated on a 4.34-acre lot in Hampton, Georgia (3084 Hwy 81, zip code 30228), offers 45 beds providing assisted living and memory care services. The property is conveniently located 9.5 miles from Interstate 75, enhancing accessibility. The facility boasts two secure outdoor areas for residents: a relaxing courtyard with a sitting area and a fenced-in garden featuring paved walkways. A significant recent investment includes a brand-new, nine-unit addition (approximately 1,000 sqft) currently awaiting its Certificate of Occupancy. The property is zoned Residential Agriculture (APN: 019-02039000). Market analysis reveals a substantial and growing demand for assisted living units in the Primary Market Area (PMA), projecting a 25.08% increase from 787 units today to 985 units by 2027. Similarly, the demand for memory care units is expected to rise from 236 to 295 units within the same timeframe. Currently, there are 485 competitive assisted living units (including this property) and 143 memory care units within a 10-mile radius, with no new construction underway. This presents a significant opportunity given the projected unmet demand of 302 assisted living units (growing to 500 by 2027) and 93 memory care units (growing to 152 by 2027) within the PMA. The average age of the nine competitive assisted living facilities within the 10-mile radius is 17 years, with four offering memory care services. This property represents a compelling investment opportunity in a thriving market with significant growth potential.

Highlights

  • Market rents: Assisted Living $4,491, Memory Care $4,719.
  • Owner financing available.
  • Community features private/semi-private rooms with private baths, non-skid flooring, and safety bars.
  • Nine resident common areas.
  • Homelike setting with wheelchair accessibility.
  • Family-style dining and open kitchen.

Property Details for 3084 Highway 81

Property type
Specialty properties, Retirement homes
RSF (Rentable sq. ft)
20,609 SF

Unit(s) available at that property

Space
Size
20,609 SF
Rate per SF
$16.50

Location Insight

City
Hampton
County
Clayton
State
Georgia
Latitude
33.4248805
Longitude
-84.2767218
3084 Highway 81, Hampton, Georgia

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3084 Highway 81
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