Georgia / Smyrna / 30080 / 1418 West Spring Street

1418 West Spring Street

Smyrna, GA 30080

Memory Care Facility The Gardens of

Listing ID: 204142

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$5,000,000

For Sale

Property Type Multifamily for Sale
Lot Size Acres 0.600
Building Sq Ft 11,987
Building Price per Sq Ft $417.12
Land Sq Ft 26,136
Land Price per Sq Ft $191.31

1418 West Spring Street | for Sale | Thumbnail 2

1418 West Spring Street | for Sale | Thumbnail 3

Description

11,987 SF healthcare/memory care facility
• 38 memory care units
• Licensed for 40 beds
• Units include a living area with a private bathroom and shower
• The property is fully furnished and is situated on 0.6 acres
• Located in a popular growing submarket of Atlanta
• Abundant dining, entertainment and grocery options are all convenient to the property
• Located 3 miles west of WellStar Windy Hill Hospital, Smyrna Market Village and many other major retailers
• The property is located 15 miles north of Downtown Atlanta and 23 miles from Hartsfield-Jackson Atlanta International Airport

Attachments & Files

offeringmemorandum-2-7RZ-SVA.pdf

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 1418 West Spring Street Smyrna, GA 30080

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		11,034	98,368	234,362
Population Median Age		35	35	35
Population by Age	0-9 Yrs	1928 (17%)	13743 (13%)	31395 (13%)
	10-19 Yrs	663 (6%)	9352 (9%)	24567 (10%)
	20-29 Yrs	1686 (15%)	17961 (18%)	41928 (17%)
	30-39 Yrs	2450 (22%)	19689 (20%)	44202 (18%)
	40-49 Yrs	1657 (15%)	13557 (13%)	31899 (13%)
	50-59 Yrs	1176 (10%)	10631 (10%)	26902 (11%)
	60-69 Yrs	944 (8%)	7875 (8%)	18643 (7%)
	70+ Yrs	531 (4%)	5560 (5%)	14826 (6%)

Median HH Income		$76,332	$66,596	$67,963
Total Household Income	< 24K	668 (13%)	6471 (15%)	14320 (14%)
	25-49K	776 (16%)	8843 (20%)	20497 (21%)
	50-74K	942 (19%)	8715 (20%)	19092 (19%)
	75-99K	686 (14%)	5775 (13%)	13146 (13%)
	100-199K	1222 (25%)	9113 (21%)	21066 (21%)
	200K+	551 (11%)	3359 (7%)	8989 (9%)

Highest Education Level	No Diploma	643	7597	17490
	Diploma or GED	1199	11827	29100
	Some College	1507	12469	28631
	Assoc. Degree	402	4100	10196
	Bachelors Degree	2627	20275	48228
	Higher Degree	1597	12586	28578

Total Housing Units		5,345	46,739	106,453
--Owner-Occupied		2,963	18,419	44,628
--Renter-Occupied		1,881	23,858	52,482
Owner-Occupied Values	< 100K	211	1593	4068
	100-199K	947	5473	12820
	200-299K	643	3998	10519
	300-399K	614	3394	7090
	400-499K	281	1981	3861
	500K+	267	1981	6270

Total Working Age Population		8,651	78,767	188,357
In Work Force		6,777	60,180	138,487
Not In Work Force		1,874	18,587	49,871
Workforce Employed		6,531	57,405	132,096
Workforce Unemployed		234	2,603	6,070
Civlian Workforce		6,765	60,009	138,166
Military Workforce		12	171	320

Total Households		4,844	42,277	97,110
Family Households		2,709	22,840	53,920
Non-Family Households		2,135	19,438	43,189
Married Couple		1,933	15,614	36,840
Other Family		777	7,225	17,080
Married w/Child		923	6,824	15,523
Single Male w/Child		56	803	1,791
Single Female w/Child		322	3,169	7,608

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
Fulton County	816,006	+13	920,581	+19	1,099,181	+18	1,300,861

Total Working Age Population:

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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.

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Closest Commercial Airports

Airport	Distance (mi)
Hartsfield Jackson Atlanta International Airport (ATL)	18
Chattanooga Metropolitan Airport (Lovell Field) (CHA)	89
Birmingham-Shuttlesworth International Airport (BHM)	131