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103 Main Street
Lakeland, GA 31635

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Property Details


List Price: $344,900
Beds: --
Baths: --
Status: Active
SqFt: 4594
Agency: COLDWELL BANKER PREMIER REAL E

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Description/Comments


Lot Size: --
Property Type: Commercial
Year Built: --
Notes: Great opportunity to buy both real estate and established long-term assisted-living business just outside of downtown Lakeland GA. Lake Irma Personal Care Home has been operated by seller for over 12 years in this central and well known location. 15 bed capacity with both private pay and state assisted paying residents in place now with 24 hour supervision. Building, business, all furniture, fixtures, & equipment go along with this sale - all you need is transition staff / operator. Large corner lot, detached storage building, city water / sewer, & plenty of parking. Lots of retail / professional offices, schools, dining, entertainment all within blocks of this property. Ultra conservative proforma of $2200/mo/bed, stabilized 67% occupancy, and 70% OPEX will be right at a 25%+ cap rate! Current occupancy and financials available to qualified prospects with signed Confidentiality Agmt.
MlsNumber: 134353


Listing Provided By: COLDWELL BANKER PREMIER REAL E, original listing
Name: COLDWELL BANKER PREMIER REAL E
Phone: (229) 244-3535
Office Name: COLDWELL BANKER PREMIER REAL E
Office Phone: (229) 244-3535
Agent Name: John Courson
Disclaimer: Copyright © 2024 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Local Real Estate Expert

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Real Estate Expert Photo for Laura Hammer
Laura Hammer
ASCIICore Realty Partners
Mobile: (231) 855-1463

Local Mortgage Pro

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Dustin Johnson NMLS 1470187
ASCIIA1 Mortgage Broker/Owner
Call Today!: (231) 747-3228

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