Georgia / White / 30184 / 20 Tellus Drive

20 Tellus Drive

White, GA 30184

Senior Housing Facility The Spring H

Listing ID: 204132

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$25,000,000

For Sale

Property Type Multifamily for Sale
Lot Size Acres 4.570
Building Sq Ft 43,560
Building Price per Sq Ft $573.92
Land Sq Ft 199,069
Land Price per Sq Ft $125.58

20 Tellus Drive | for Sale | Thumbnail 2

20 Tellus Drive | for Sale | Thumbnail 3

Description

This Class "A" facility was newly-developed in 2020 and offers the best of senior housing
• The property is currently in the process of stabilization
• 136 Units (85) Assisted Living / (51) Memory Care
• Licensed for 165 beds
• Units include a living area with a private bathroom and shower
• The property is fully furnished and is situated on 4.57 acres
• Located in White, GA - Bartow County
• Located 6 miles north of Cartersville, GA
• Dining, entertainment and grocery options are all convenient to the property
• Located 4 miles north of Cartersville Medical Center, Bartow Marketplace and many other major retailers
• Located 30 minutes east of Rome, GA
• The property is located 42 minutes north of downtown Atlanta and 55 miles from Hartsfield-Jackson Atlanta International Airport
• The unmet demand of independent living units in the Cartersville PMA is a 302.3% increase

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Atlanta History of Multifamily Housing for Sale

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Listing Demographics for 20 Tellus Drive White, GA 30184

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		1,137	11,639	36,147
Population Median Age		36	36	37
Population by Age	0-9 Yrs	185 (16%)	1708 (14%)	5066 (14%)
	10-19 Yrs	126 (11%)	1438 (12%)	4949 (13%)
	20-29 Yrs	153 (13%)	1871 (16%)	5164 (14%)
	30-39 Yrs	192 (16%)	1542 (13%)	4930 (13%)
	40-49 Yrs	102 (8%)	1318 (11%)	4341 (12%)
	50-59 Yrs	183 (16%)	1872 (16%)	5376 (14%)
	60-69 Yrs	106 (9%)	948 (8%)	3125 (8%)
	70+ Yrs	90 (7%)	943 (8%)	3197 (8%)

Median HH Income		$67,611	$59,776	$56,208
Total Household Income	< 24K	81 (20%)	835 (19%)	2588 (19%)
	25-49K	73 (18%)	993 (23%)	3327 (25%)
	50-74K	71 (17%)	827 (19%)	2558 (19%)
	75-99K	63 (15%)	638 (14%)	1961 (15%)
	100-199K	96 (24%)	872 (20%)	2239 (17%)
	200K+	11 (2%)	93 (2%)	306 (2%)

Highest Education Level	No Diploma	117	1188	4198
	Diploma or GED	217	2267	7455
	Some College	200	1963	5670
	Assoc. Degree	78	798	2082
	Bachelors Degree	105	987	3109
	Higher Degree	43	498	1161

Total Housing Units		426	4,628	14,161
--Owner-Occupied		275	2,377	7,168
--Renter-Occupied		120	1,881	5,811
Owner-Occupied Values	< 100K	32	301	1131
	100-199K	140	1206	3998
	200-299K	90	667	1348
	300-399K	11	102	305
	400-499K	2	35	126
	500K+	1	67	261

Total Working Age Population		870	9,210	28,315
In Work Force		503	5,720	17,294
Not In Work Force		367	3,489	11,021
Workforce Employed		483	5,475	16,560
Workforce Unemployed		20	246	692
Civlian Workforce		503	5,720	17,252
Military Workforce		0	0	42

Total Households		396	4,259	12,979
Family Households		255	2,773	8,925
Non-Family Households		141	1,485	4,054
Married Couple		219	2,063	6,536
Other Family		36	710	2,390
Married w/Child		123	1,019	2,846
Single Male w/Child		0	42	312
Single Female w/Child		22	342	984

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Georgia	8,186,453	+18	9,687,653	+12	10,833,472	+13	12,292,423
Bartow County	76,019	+32	100,157	+11	110,771	+18	130,468
Fulton County	816,006	+13	920,581	+19	1,099,181	+18	1,300,861

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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