Waycross Health Care for Sale
This established, licensed 24-bed personal care home has been in continuous operation for over 30 years and includes both the real estate and the operating business—all in one turnkey package. The ±19,300 square foot single-story facility sits on ±1.26 acres and was purpose-built for senior care, offering a fully compliant, ADA-accessible layout that includes private and semi-private rooms, large dining and activity areas, administrative offices, and a commercial kitchen. The property was renovated in 2003 and is fully sprinkled and code-compliant, supporting continued or expanded operations. While currently licensed for 24 beds, the facility has room to accommodate 30+ residents, making it an excellent value-add opportunity for investors or operators looking to grow. The current cash flow is strong. With 21 residents in place at a Medicaid reimbursement rate of $33,505.60 per resident annually, the facility generates $703,617.60 in gross revenue, with actual operating expenses of $452,270.00, resulting in a net operating income (NOI) of $251,347.60. At full capacity with 24 residents, the projected NOI exceeds $351,000, and further upside is achievable with bed expansion. A dedicated, qualified staff is already in place, allowing for seamless ownership transition and immediate income. Located along Ossie Davis Parkway with close proximity to hospitals, pharmacies, and healthcare providers, the facility serves the Ware County region and is well-positioned for long-term demand in senior housing, behavioral health, or transitional care. The property’s unzoned classification offers flexibility for various care models beyond traditional assisted living. Seller financing may be considered, pending credit review, with an example structure of $500,000 down at 5% interest. A $1.5M loan amortized over 20 years would equate to an estimated monthly payment of approximately $9,899—well-supported by current NOI and delivering strong DSCR performance. This is a rare chance to own a performing healthcare business with real estate, strong cash flow, expansion potential, and a solid operational foundation. Financials are available with a signed NDA. For more information or to schedule a private tour,
