425 Country Club Dr, Stockbridge, GA 30281
34,823 SF Health Care Building Offered at $8,500,000 in Stockbridge, GA 30281
For Sale
Active
Asking Price $8,500,000
- Property Type
-
Health Care
- Square Feet
- 34,823 SF
Listing Contacts
- Property Info
Property Overview
Avison Young is pleased to exclusively offer the opportunity to purchase and convert to a high-end hotel brand, Golden Crest Senior Living. Built in 1990, this 60-unit, 34,823 square foot (SF) class B health care building is well situated at 425 Country Club Drive in Stockbridge, GA, and primed for a hotel conversion The property features 68 surface-level parking spaces across its 6.92 acres of land. With direct exposure to Country Club Drive, this property is positioned excellently for commute and access to nearby amenities and has minimal competition in the market given its high-end potential.
DISCOUNT TO REPLACEMENT COST
Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects. Conversely, this property is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.
DISCOUNT TO REPLACEMENT COST
Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects. Conversely, this property is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.
Property Details
- Class
- B
- Year Built
- 1990
- Stories
- 3
- Property Subtype
- Assisted Living
- Lot Size (sq. ft)
- 301,435 SF
- Units
- 60
Highlights
- 60 Non-smoking guestrooms
- Three-Story, interior corridor
- Primed for conversion to Marriott/Hilton/IHG Soft branded hotel
- Located with direct exposure to Eagles Landing Country Club
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