4965 Brunswick Road

• - See attached approved zoning letters in documents
• -Email offers, with proof of funds through the appointment center.
• -Advance notice required.
• -Call Bartlett or TN State for expansion questions.
• Sam Harris | Senior Planner
• City of Bartlett | Planning and Economic Development
• City Hall Annex • 6382 Stage Road • Bartlett, TN 38134
• Office (901) 385-6417
• [email protected]
• https://www.CityofBartlett.org

Property Description

Open House Sat 10a- noon /Sun May 4th -MUST RSVP or No Entry- Turn Key Business - Broker Bay Appointment Center for tours 888-874-4359 or Call Listing Broker MemphisGlenn.com 2024, Projected national average cost of assisted living is $5,665 per month, depending on the specific location & community, monthly costs might be significantly higher. This 8 Bed - Approved "Home for the Aged" "Assisted Living Center," offers a cost-effective alternative to traditional nursing homes. The national average monthly cost per bed for assisted living is $4,500 to $5K, significantly lower than the average monthly cost of $7,800 to $9K for nursing homes. Currently With potential ADDED VALUE to expand to 18 beds w/ the installation of a sprinkler system. Rate%of rent & inflation, projected monthly revenue for 8 beds = $40K, while expanding to 18 beds could yield a potential revenue of $ 90K Monthly. -The main home has an additional 2nd wing added as recently as 2009, with all new construction adding 3,300 sqft to the original home. Also, the detached garage has the potential to be expanded to 7 rooms with a full bathroom. Bids are currently in progress for the sprinkler system. Current projected monthly revenue: $40K for 8 beds; $90K for 18 beds with rent & inflation increase at unprecedented amounts. Expenses total average $-8k month (-$9k annual) Expense Breakdown: Includes utilities -$500 per month and licensing annually $3k including fire, backup lights, etc. Additional income: Senior Daycare & Respite Care ($200 day/Average $2k monthly each), Non Refundable Deposit. Get Qualified-Ready! Let’s Make a Deal. Welcome to this expansive 10-bedroom (2 Beds per room), 11-bathroom (1) Handicap, home offering endless possibilities on 4.6 acres of land. Each bedroom comes complete with private ensuites and locks, providing ultimate privacy and convenience. Situated just 20 minutes from the Blue Oval Ford Stanton TN & Future Bucees exit 28, this property presents various options for use, including nursing home/assisted living, bed & breakfast, dormitory/student housing, group home/rehabilitation center, retreat center/conference facility, or multi-family residence. While the listing price reflects the owner's preference, we encourage all interested parties to submit offers based on their perceived value of the property. The sellers are flexible and open to negotiation. This home boasts over 6,000 square feet of living space, with plans available to expand up to 12,000 square feet. Additional features include a detached 4-car garage with extra rooms and a loft, handicap accessibility throughout, including ramps and bathrooms, and security intercoms for added safety. The property also includes a new roof installed in 2019, crown molding throughout, energy-efficient windows, and a newly installed suppression system over the stove.