340 Lockheed Avenue SE

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. Given the high level of interest and the medical facility's secure status and patient safety, we can only show the interior of the building during the inspection due diligence period. We are happy to provide additional information and financials upon request. Please do not attempt to tour the facility on your own, as it is a fully functioning and secure medical facility, and you must be escorted by someone from our office.

Property Details

• 

  Bedroom

• 

  0 Bathroom

• 

  3744 Sq.Ft

• 

  City - Marietta

• 

  GAMLS2 Price - Null

• 

  0 Lot Size sq.ft

• MLS Status

  Active

Directions

From Marietta Square, East on South Marietta Parkway to left on Lockheed Ave. Building on left

Additional Information

• Parking Features

  Parking Lot

• FMLS Listing Number

  7760177

• Listing Provided By

  Zellerman

• Attribution Contact

  404-239-7500

• Last Updated On

  2026-05-05 15:43:09

• Fire Places

• OnMarket Date

• Lot Size Acres

  0.63

• YearBuilt

  1970

• Occupant Type

• Association Fee

• GAMLS2 Price Per SquareFoot

  Null

• Roof

  Asphalt

• Property Condition

  Updated/Remodeled

• Water Source

  Public

• Window Features

  Insulated Windows

• Construction Materials

  Frame