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Market Place Blvd - Tract 5 | Senior Housing
Cumming, GA 30041
Asking Price
$1.25M
Asset Type
Residential Land
Class
Class B
What's Special
Senior Housing Development site | 2.44 acres <ul><li>Prime ±2.44-acre development site within Westshore master-planned community</li><li>Suited for independent living, assisted living, or memory care development</li><li>Located in fast-growing Forsyth County, one of Metro Atlanta’s most affluent submarkets</li><li>Immediate access to GA-400 via Exits 14 & 15 (Turner Rd / Market Place Blvd)</li><li>Strong connectivity to Alpharetta, Roswell, and North Atlanta employment hubs</li><li>Surrounded by new residential growth</li></ul>
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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184
