For Sale
$4,600,000

684 Arlington Pl Macon, GA 31201

Prime Macon location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional senior living community in Macon, Georgia, presents a compelling investment opportunity. Located at 684 Arlington Pl, Macon, GA 31201, this property boasts 83 units with 105 beds, totaling 44,000 square feet of rentable space on a 2.14-acre lot. Built in 1967 and renovated in 2015 ($400,000 invested, updating one-third of the rooms), the property currently enjoys 67% occupancy. The property features 41 parking spaces and benefits from a prime location near Mercer University and major healthcare facilities, contributing to strong demand and high occupancy rates. Zoned for Hospitals, Clinics, Nursing homes, Trade or business schools and residential cluster developments (HPD), this asset offers significant upside potential. The property's last sale price was $7 million in 2015, and a recent appraisal valued it at $8.1 million. Annual property taxes are $64,893. This is an ideal opportunity for investors seeking a high-demand senior living asset positioned for immediate success and long-term growth. The asking price is $4,600,000.

Highlights

  • $4,600,000 asking price for a 44,000 square foot senior living community.
  • 83 units with 105 beds (assisted living).
  • Located on a 2.14-acre lot in Macon, GA, built in 1967 and renovated in 2015.
  • Currently 67% occupied.
  • Zoned for hospitals, clinics, nursing homes, trade schools, and residential developments; outside flood zone.
  • 41 parking spaces.

Property Details for 684 Arlington Pl

Property type
Retirement homes
Year Built/Renovated
1967/2015
Lot Size (sq. ft)
93,218 SF
Units
111

Location Insight

City
Macon
County
Bibb
State
Georgia
Latitude
32.8369298
Longitude
-83.6408941

FAQs

What type of property is this?
Retirement home - Prime Macon location, high potential.
Where is the retirement home located?
The property is located at 684 Arlington Pl Macon, GA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: $4,600,000 asking price for a 44,000 square foot senior living community.; 83 units with 105 beds (assisted living).; Located on a 2.14-acre lot in Macon, GA, built in 1967 and renovated in 2015.
How can I contact the broker?
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684 Arlington Pl
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