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519 Lawrenceville St - Metro Atlanta Personal Care Home | 25 Units

10,820 SF Health Care Building Offered at £3,160,040 in Norcross, GA 30071

Investment Highlights

  • This facility was recently renovated in 2019
  • Units include living area and closets with private bathroom and shower
  • bathrooms and LED lights throughout
  • 25 Units: (24) Personal Care / (1) Respite Suite. Licensed for 24 beds.
  • Activity room on second floor, patient call system in place, two guest half
  • The property is fully furnished and is situated on ±0.82 acres

Executive Summary

Bull Realty is pleased to offer this ± 10,820 SF licensed Personal Care Home that was recently renovated in 2024. This offer includes real estate and business, comprised of 25 units on ± 0.82 acres off Buford Highway in Norcross, GA. The facility is equipped with a security system that includes electronic gate locks and video cameras, suitable for potential Memory Care.

This licensed 25 units personal care home facility is located in a desirable demographic area of Metro Atlanta. The roof was recently replaced, and 17 units have been updated. The two-story structure has an elevator, and 19 out of 25 units are currently occupied. There is also an extra respite suite; all units are equipped with a full bathroom.

519 Lawrenceville Street is located off Buford Highway and benefits from great visibility with traffic counts of 44,282 VPD. Readily accessible from major highways, this senior housing facility is surprisingly tucked quietly away in Norcross, Georgia, a charming antidote to modern suburbia. With a rich variety of well-preserved historic homes and an authentic turn-of-the century downtown district, Norcross turns back the clock to simpler times and small-town American life. Norcross is the second oldest city in Gwinnett County and was the first to be placed on the Register of Historic Places.

Do not disturb tenants or management. Do not visit the site without an appointment through Bull Realty.

Property Facts

Price £3,160,040
Price Per Bed £131,668
Sale Type Investment
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 0.82 AC
Building Size 10,820 SF
No. Beds 24
Number of Floors 2
Year Built/Renovated 1987/2024

Amenities

  • Smoke Detector

Room Mix Information

Description No. Beds
- 24

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6-255-093
Land Assessment
£81,740
Improvements Assessment
£540,497
Total Assessment
£622,237

zoning

Zoning Code O-I (Office-Institutional)
O-I (Office-Institutional)
  • Listing ID: 33297836

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 519 Lawrenceville St, Norcross, GA 30071

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