1 Galambos WaySandy Springs, GA 30328

Property Details for 1 Galambos Way

Year built

1989

Property type

Healthcare properties

Property subtype

Retirement homes

Description

This exceptional 20,000 square foot senior living community in Sandy Springs, Georgia, presents a compelling value-add investment opportunity. Located at 1 Galambos Wy, 30328, within Fulton County, this single-building property boasts 28 units offering assisted living and memory care services. Built in 1989, the property sits on land zoned RM (Residential Multifamily), providing flexibility for future development or renovations. Currently offered at a price significantly below replacement cost, this bank-owned foreclosure presents a unique chance to capitalize on the growing demand for senior housing in a market with limited new construction. The property's strong potential for increased profitability is underscored by the current lack of new senior housing supply in the area, despite a rising senior population. With effective management and targeted marketing strategies, this asset offers substantial upside potential for a savvy investor. The property's 20,000 square feet of rentable space provides ample room for improvements and upgrades to enhance resident experience and operational efficiency. This is a rare chance to acquire a well-located senior living facility with significant value-add potential in a thriving market.

Location Insight

City

Sandy Springs

County

Fulton

State

Georgia

Latitude

33.925

Longitude

-84.3806

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