Abbeville, GA 31001,124 Airport Rd
Abbeville, GA 31001,124 Airport Rd
Abbeville, GA 31001,124 Airport Rd
25
Listed by Jon Bollinger • THE HERNDON COMPANY
Bought with Matthew Stubbs • THE HERNDON COMPANY
$650,000
$1,300,000
50.0%
Est.Price: ?

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8,250 SqFt

124 Airport Rd Abbeville, GA 31001

Est. payment /mo
SOLD DATE : 01/18/2024

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Key Details

Sold Price $650,000

Property Type Commercial

Sub Type Commercial Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 8,250 sqft

Price per Sqft $78

MLS Listing ID 130111

Sold Date 01/18/24

HOA Y/N No

Year Built 2008

Annual Tax Amount $5,022

Tax Year 2021

Lot Size 29.310 Acres

Property Sub-Type Commercial Sale

Property Description

First time offering Shady Pines Assisted Living Facility. This beautiful property is comprised of 29 Acres with an 8250 Sq Ft building, 17 Bedrooms fully occupied! This business has been in place since 2008 and has fulfilled the needs of the community by offering first class service and comfortable living. Building has large common great room, eating area, full kitchen, laundry, huge porches front and rear and 17 private bedrooms. Each Bedroom has a one large room, restroom with shower stall, toilet, sink and individual HVAC systems. Parking lot has just been restriped and resealed. Current NOI is $107,673 at an 8.12% Cap Rate. Plenty of room to increase bottom line or expand for further growth as the need in the area continues to grow.

Location

State GA

Area 11-Other

Zoning R-C

Interior

Interior Features Handicap Facilities, Sprinkler System, Living Quarters, Private Restrooms

Cooling Other

Exterior

Exterior Feature Irregular Lot Size, Large Lot, Sign(s)

Garage Spaces 24.0

Roof Type Shingle

Building

Story One

Water Public

Others

Tax ID 071069,071070

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agent

Jessica Ottaviano

Agent | License ID: 441812

+1(478) 396-6090

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