REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Joel Kellem

joel@kellemhomes.com +1(302) 358-9961

$ 849,900

Est. payment -/mo

Save Virtual Tour

New

340 Lockheed AVE SE Marietta, GA 30060

4,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $202

Subdivision No Subdivision

MLS Listing ID 7760177

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1970

Annual Tax Amount $1,838

Tax Year 2025

Lot Size 0.630 Acres

Acres 0.63

Property Sub-Type Business

Source First Multiple Listing Service

Property Description

Fully operational and 100% occupied, this 13-bedroom adult living facility presents a rare, turnkey investment opportunity. The property is fully compliant with all zoning regulations, licenses, and permits, ensuring immediate and seamless ownership transition. Extensively remodeled from top to bottom, the facility features generously sized resident rooms, a spacious recreation area, and a recently upgraded commercial-grade kitchen designed for efficiency and scale. Additional improvements include a fire sprinkler system, ADA-compliant bathrooms, and a dedicated on-site manager's office, all contributing to a safe, functional, and professionally managed environment. The property is secured with full fencing and gated access, offering ample on-site parking and thoughtfully maintained green space for residents. A key highlight is the presence of a strong, established tenant who maintains full occupancy, currently with a waiting list. The tenant is operating under a favorable long-term lease that includes approximately 10% annual rent escalations—outpacing inflation and steadily enhancing the property's capitalization rate year over year. Offered fully furnished and requiring minimal operational oversight, this asset delivers stable cash flow with low expenses, making it an exceptional opportunity for both long-term hold investors and those seeking immediate, reliable income. Please contact our office today for a private tour!

Location

State GA

County Cobb

Zoning 0&I

Lake Name None

Rooms

Other Rooms None

Basement None

Interior

Interior Features Living Space Available, Reception Area, Restrooms

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Ceramic Tile

Equipment Furniture

Window Features Insulated Windows

Exterior

Parking Features Parking Lot

Fence Fenced, Gate, Perimeter, Privacy

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Waterfront Description None

View Y/N Yes

View Neighborhood, Trees/Woods

Roof Type Asphalt

Street Surface Asphalt

Accessibility Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Grip-Accessible Features

Handicap Access Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Grip-Accessible Features

Total Parking Spaces 10

Private Pool false

Building

Lot Description Level, Rectangular Lot

Story One

Foundation Combination

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Construction Status Updated/Remodeled

Others

Senior Community no

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://listings.realimagepros.com/sites/340-lockheed-ave-se-marietta-ga-30060-24100524/branded

Listed by Zellerman

Joel Kellem

Salesperson, Georgia Sales Manager

+1(302) 358-9961

Joel Kellem

340 Lockheed AVE SE Marietta, GA 30060

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

340 Lockheed AVE SE