My ALF Consultant and KW Commercial is exclusively offering a stand alone Memory Care Facility for Sale in Middle Tennessee. Priced at $2,700,000, this property, built in 2018, features approximately 6,000 square feet and around 16 private units designed for memory care. The business comes with a capable care staff and management team in place for the new owner, maintaining high occupancy and competitive room rates. It is currently owner-managed and located in the Nashville metropolitan region.
This Memory Care Facility stays full and has high rents with a gross income in 2024 of $1,293,000 and a net income of $348,367. This sale provides an accessible entry into the senior living industry, with a potential 10% down payment through a Small Business Administration-backed loan. The facility is close to a major medical center and key highways, offering convenience and connectivity. A sister community, with approximately 20 beds and priced at $1,400,000, is also available about 45 minutes away, offering growth potential as it has yet to be converted to memory care. Purchasing both facilities, gives a prospective buyer the opportunity to leverage the marketing and systems from the memory care facility and add value to the larger sister community.
