8510 Whitefield Ave, Savannah, GA 31406
MULTIFAMILY For SaleYear Built: 1997
Floors: 1
| Space | Size | Type | Pricing |
|---|---|---|---|
| Memory Care Facility Opportunity for Sale | SALE | $11,800,000.00 |
Ernie Anaya - Bull Realty, Inc. - Atlanta
PHONE: 4048761640
100% Occupancy Memory Care Facility in Savannah. Plus, Hospice licensed across 23 Georgia Counties. Approximate combined Gross Revenue is $4,731,116 with a Net Operating Income (NOI) of $1,179,464 annualized from a March 2025 P&L. Opportunity to double Hospice Census. 10% CAP rate. Optional 2.78 acres available. Sale includes real estate and business. Savannah, a coastal Georgia city, is separated from South Carolina by the Savannah River. It is known for manicured parks, horse-drawn carriages and antebellum architecture and abundant dining and entertainment options. Do not disturb tenants or management. Do not visit the site without an appointment through Bull Realty. Highlights: • 100% Memory Care occupancy with waiting list • 36-unit licensed Assisted Living Community • ± 25,865 SF Memory Care Facility on ± 2.98 acres plus ± 2,100 SF apartment with full bath • Memory Care annualized Gross Revenue: $2,236,213 • ± 2.78 additional acres available for expansion averaging $500,000 per acre • Offering includes separate licensed Hospice Care Business