Georgia / Lithia Springs / 30122 / 950 Bob Arnold Boulevard

950 Bob Arnold Boulevard

Lithia Springs, GA 30122

Independent Living Facility Spring H

Listing ID: 204141

Print Single-Page Version

$15,995,000

For Sale

Property Type Multifamily for Sale
Lot Size Acres 2.260
Building Sq Ft 46,500
Building Price per Sq Ft $343.98
Land Sq Ft 98,445
Land Price per Sq Ft $162.48

950 Bob Arnold Boulevard | for Sale | Thumbnail 2

950 Bob Arnold Boulevard | for Sale | Thumbnail 3

Description

This Class "A" facility was newly-constructed in 2020 and offers the best of independent living
• The property is currently in the process of stabilization
• Units include a living area with a private bathroom and shower
• The property is situated on 2.26 acres
• Located in Lithia Springs, Douglas County
• Dining, entertainment and grocery options are all convenient to the property
• Located 10 miles east of Wellstar Douglas Hospital, Arbor Place Mall and many other major retailers
• The unmet demand of independent living units in the Lithia Springs PMA is a 37.8% increase

Attachments & Files

offeringmemorandum-1-DQC-j1p.pdf

Points of Interest & Demographic Radii

Points of Interest

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

Loan and Amortization Calculator

Listing Price

Down Payment

Loan Amount:

Interest Rate:

Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 950 Bob Arnold Boulevard Lithia Springs, GA 30122

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		3,964	40,149	104,719
Population Median Age		33	33	35
Population by Age	0-9 Yrs	652 (16%)	6510 (16%)	16419 (15%)
	10-19 Yrs	565 (14%)	5677 (14%)	14316 (13%)
	20-29 Yrs	578 (14%)	6354 (15%)	15319 (14%)
	30-39 Yrs	580 (14%)	6655 (16%)	15475 (14%)
	40-49 Yrs	794 (20%)	6084 (15%)	15682 (14%)
	50-59 Yrs	352 (8%)	4464 (11%)	12904 (12%)
	60-69 Yrs	307 (7%)	2856 (7%)	8771 (8%)
	70+ Yrs	137 (3%)	1550 (3%)	5833 (5%)

Median HH Income		$42,085	$49,443	$56,769
Total Household Income	< 24K	254 (15%)	2605 (17%)	6215 (16%)
	25-49K	739 (45%)	4941 (33%)	10501 (28%)
	50-74K	221 (13%)	3043 (20%)	7354 (19%)
	75-99K	186 (11%)	1751 (11%)	4697 (12%)
	100-199K	173 (10%)	2160 (14%)	6828 (18%)
	200K+	65 (3%)	347 (2%)	1690 (4%)

Highest Education Level	No Diploma	285	3462	8439
	Diploma or GED	613	6747	18491
	Some College	657	5742	13821
	Assoc. Degree	238	1854	5221
	Bachelors Degree	503	4650	12760
	Higher Degree	132	2280	7797

Total Housing Units		1,758	16,505	40,678
--Owner-Occupied		411	6,150	20,203
--Renter-Occupied		1,227	8,696	17,082
Owner-Occupied Values	< 100K	82	1744	4707
	100-199K	234	3142	8935
	200-299K	48	817	3789
	300-399K	25	263	1827
	400-499K	5	35	388
	500K+	18	148	557

Total Working Age Population		2,970	30,015	79,129
In Work Force		2,345	23,205	57,906
Not In Work Force		625	6,810	21,223
Workforce Employed		2,122	21,559	53,867
Workforce Unemployed		223	1,630	3,855
Civlian Workforce		2,345	23,188	57,723
Military Workforce		0	17	184

Total Households		1,637	14,846	37,285
Family Households		978	9,588	24,945
Non-Family Households		660	5,258	12,339
Married Couple		474	5,043	15,015
Other Family		504	4,545	9,931
Married w/Child		236	2,347	6,770
Single Male w/Child		48	453	936
Single Female w/Child		219	2,115	4,393

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
Cobb County	607,751	+13	688,078	+15	790,588	+19	938,747
Douglas County	92,174	+44	132,403	+15	151,906	+20	182,157
Fulton County	816,006	+13	920,581	+19	1,099,181	+18	1,300,861

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

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.

Other Multifamily Housing Listings for Sale Nearby

Address	Price	Sq Ft	Acres
2129 Martin Luther King Junior Drive Southwest, Atlanta, GA	$3,509,000	30200	1.27
1418 West Spring Street, Smyrna, GA	$5,000,000	11987	0.6
399 Holly Street Northwest, Atlanta, GA	$1,200,000	19166	0.44
1935 Alison Court, Atlanta, GA	CALL	202300	17.67
407 Sunset Avenue Northwest, Atlanta, GA	$1,345,000	11325	0.26
961 Image Avenue Northwest, Atlanta, GA	$825,000	7840	0.18
1818 Vesta Avenue, Atlanta, GA	$2,000,000	20632	0.85
1791 Walker Avenue, Atlanta, GA	$2,100,000	84070	1.93
41 Marietta Street NorthWest, Atlanta, GA	$13,999,000	135000	-
41 Marietta Street NorthWest, Atlanta, GA	$13,999,000	135000	-

Closest Commercial Airports

Airport	Distance (mi)
Hartsfield Jackson Atlanta International Airport (ATL)	14
Chattanooga Metropolitan Airport (Lovell Field) (CHA)	94
Birmingham-Shuttlesworth International Airport (BHM)	124