1105 Main StConyers, GA 30012

Property Details for 1105 Main St

Year built

1920

Construction

STEEL FRAME

Lot size

1.04 AC

Property size (Sq ft)

7,346 SF

Zone code

RG

Property type

Day care centers & nurseries

APN

C07-0-01-0006

APU

C070010006

Description

This exceptional 9,081 square foot, Class B, adult day health center in Conyers, GA is for sale for $1,600,000 ($176.19/sq ft). Built in 1920 and renovated in 2021, the property sits on a 1.04-acre lot zoned RG. The single-story building offers a turnkey operation with established processes and systems, including two vans for client transportation. The business model combines traditional adult healthcare with a medical model, providing social services, activities, and professional care from nurses, therapists, social workers, psychiatrists, and geriatric physicians. A significant advantage is the inclusion of assignable 1-year contracts with the VA and Medicare, generating 70-80% of income and ensuring robust, reliable revenue streams. This rare opportunity is not replicable for new businesses, offering long-term stability and a competitive edge. The center is located at 1105 North Main St NW, Conyers, GA 30012, in a desirable location with easy access to amenities and transportation. The facility boasts modern amenities and state-of-the-art equipment, creating a comfortable and conducive environment for clients. Daily Haven has a proven track record of success and positive client outcomes, establishing a strong reputation for excellence. This presents a unique opportunity for investors seeking a stable, high-revenue generating asset in the healthcare sector.

• CAP approach

  CAP return

  Valuation

  6%

  $1,542,877

  6.5%

  $1,424,194

  7%

  $1,322,466

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,647,847

  Geo Method

  $1,647,847

• Alternative Use

  Use

  Valuation

  Residential

  $1,806,650

  Hospitality

  $1,654,882

  Educational

  $1,376,842

  Medical

  $1,424,194

  Retail

  $2,141,755

Location Insight

City

Conyers

County

Rockdale

State

Georgia

Latitude

33.6747

Longitude

-84.0242

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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