340 Lockheed Se Avenue, Marietta, GA 30060

$799,000
3,744
SqFt

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List Price
$799,000
Days on Market
97
Price Change
▼ $50,900 1784761725
MLS#
7760177
Year Built
1970
Living Area
3,744
Lot Size
27,442
Acres
0.63

Property Description

Fully operational and 100% occupied, this 13-bedroom adult living facility presents a rare, turnkey investment opportunity. The property is fully compliant with all zoning regulations, licenses, and permits, ensuring immediate and seamless ownership transition. Extensively remodeled from top to bottom, the facility features generously sized resident rooms, a spacious recreation area, and a recently upgraded commercial-grade kitchen designed for efficiency and scale. Additional improvements include a fire sprinkler system, ADA-compliant bathrooms, and a dedicated on-site manager’s office, all contributing to a safe, functional, and professionally managed environment. The property is secured with full fencing and gated access, offering ample on-site parking and thoughtfully maintained green space for residents. A key highlight is the presence of a strong, established tenant who maintains full occupancy, currently with a waiting list. The tenant is operating under a favorable long-term lease that includes approximately 10% annual rent escalations—outpacing inflation and steadily enhancing the property’s capitalization rate year over year. Offered fully furnished and requiring minimal operational oversight, this asset delivers stable cash flow with low expenses, making it an exceptional opportunity for both long-term hold investors and those seeking immediate, reliable income. Given the high level of interest and the medical facility's secure status and patient safety, we can only show the interior of the building during the inspection due diligence period. We are happy to provide additional information and financials upon request. Please do not attempt to tour the facility on your own, as it is a fully functioning and secure medical facility, and you must be escorted by someone from our office.

Additional Information

Taxes
$6,761
Interior Layout
Living Space Available, Reception Area, Restrooms
Interior Features
Living Space Available, Reception Area, Restrooms
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Heating
Central
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
Frame
Roof
Asphalt

Listing courtesy of Zellerman. Contact:

Listing Courtesy Of Zellerman, Contact:

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