Assisted Living Development, Athens, GA
$952,000 | 8.42 Acres | Seeking JV
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Investment Highlights
- 8.42 acres listed at $952,000
- Entitled with Permitted Use for Senior Housing
- Integra Market Study | Pro Forma with High IRR
- Site Plan, Elevation, and Floor Plans Available
- Net Worth Age 55 to 64: $498,037
- Net Worth Age 65 to 74: $748,869
- Net Worth Age 75+: $493,898
- Turn-Key Pre-Development Services | Joint Ventures will be considered
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Assisted Living Land Package zoned C-R with permitted use for senior housing. The 8 mile radius is fifteen minutes away from most locations within Clarke County, 6.9 miles away from the University of Georgia and 8 miles from Piedmont Regional. Harve Mathis Road is located between two major 4-lane traffic arteries - GA 29 and GA 72.
Located in a fast commercially growing area of Athens-Clarke area with the highest percentage of people over 65 years of age with 16.31%, and highest incidence of Alzheimer's in Georgia with 14.6%. Athens is ranked as one of the Top 25 retirement destinations by Forbes Magazine.
Nearby attractions: Athens Christian School, Athens Technical College, Georgia Department of Veteran Service, Kroger Marketplace, TC Village Shops (under construction next to Kroger Market), Piedmont Urgent Care, Crossroads Church, and Faith Temple Church of God.
Land package includes approved zoning letter, architectural elevation drawing, floor plan, site plan, survey, topography map, Phase I environmental, soil analysis, Integra Market Study for Senior Housing and Pro Forma. All utilities available except sewer. Private sewer engineering design is included.
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