Excellent Investment Property. Both tenants have been at these current locations for many years with the Department of Labor occupying the 600 Plant Road location for over 20 years and Diversified Resource Inc occupying the remaining three buildings for over 15 years. The Department of Labor, an arm of the State of Georgia, is 3 years into a 5-year lease with 2.3 years remaining on their current lease. Diversified Resources Inc is a privately owned corporation providing community-based programs and services are designed to help disabled and older adults remain safely in their homes and delay or prevent nursing home placement. Diversified Resources, Inc. provides specific resources for those individuals and their caregivers that include wellness programs, nutritional support, home and community-based services. Diversified is 3.5 years into a 5-year lease. All buildings have been renovated on some level throughout the years including a new roof in September 2023 at Plant Road along with new electrical, exterior paint, and new HVAC units in the last several years. Other properties also available that could be added.
Price $3,122,000 which equates to a 9% cap rate on in place NOI
