For Sale
$4,225,000

2106 Mcgee RdSnellville, GA 30078

42-unit rehab/memory care, newly renovated.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 42-unit senior living facility, located at 2106 Mc Gee Rd SW in Snellville, Georgia, presents a compelling investment opportunity. The property, totaling 20,178 square feet, underwent a complete renovation in 2023, offering modern amenities and updated infrastructure. Situated on a spacious 3-acre lot, the single-story building boasts 42 beds, providing ample capacity for residents. The asking price is $4,225,000, translating to a price per square foot of $209.39. This property is ideally suited for a 1031 exchange, making it an attractive option for investors seeking tax-advantaged real estate transactions. The property's recent renovation ensures immediate occupancy and strong potential for rental income. Its prime location in Snellville, Gwinnett County (zip code 30078), offers convenient access to local amenities and services. This is a turnkey operation ready for a new owner to step in and manage a thriving senior care business. The property's size and features make it a highly desirable asset in the competitive senior living market. This is a rare opportunity to acquire a well-maintained, recently renovated facility with significant growth potential.

Highlights

  • $4,225,000 asking price.
  • 42-unit senior living facility (rehabilitation/memory care).
  • 20,178 square feet; $209.39 per square foot.
  • 42 beds.
  • Completely renovated in 2023.
  • Single-story building.

Property Details for 2106 Mcgee Rd

Property type
Retirement homes
Square Feet
20,178 SF
Year Renovated
2023
Stories
1
Units
42

Location Insight

City
Snellville
County
Gwinnett
State
Georgia
Latitude
33.8579176
Longitude
-84.033011
2106 Mcgee Rd, Snellville, Georgia

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2106 Mcgee Rd
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