RECENTLY RENOVATED MEMORY CARE FACILITY22 BEDS

OFFERING MEMORANDUM

Property Drone Video

3PROPERTY INFORMATION

4EXECUTIVE SUMMARY

5PROPERTY INFORMATION

6AERIAL

7RECENT RENOVATIONS

8PHOTOS

12FLOOR PLANS

13AREA OVERVIEW

14IN THE AREA

15ABOUT THE AREA

16DEMOGRAPHICS MAP & REPORT

17COMPS

21CONTACT INFORMATION

22BROKER PROFILE

23CONFIDENTIALITY AGREEMENT

24DISCLAIMER

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T A B L E O F C O N T E N T S

Bull RBull Realtyealty, Inc., Inc.50 Glenlak50 Glenlake Pe Parkwarkwaayy, Suit, Suite 600e 600AAtlantlantta, GA 30328a, GA 30328BullRBullRealtyealty.c.comom

Ernie AnaErnie Anayya, MBa, MBAAPrPresidenesident, Senior Housing Grt, Senior Housing GroupoupEEAnaAnayya@BullRa@BullRealtyealty.c.comom404-876-1640 x130404-876-1640 x130

Exclusively listed by Bull Realty, Inc.

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P RP R O P E RO P E R T Y I N FT Y I N F O R M AO R M AT I O NT I O N

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KEY FIGUREKEY FIGURESS

Located in Winder, GA

8,878 SF situated on 1.57 Acres

14 Units / 22 Beds

Built in 2009 / Renovated in 2020

For Sale for $2,300,000

P RP RO P E RO P E RT Y D ET Y D ES C R I PS C R I PT I O NT I O N

Bull Realty is pleased to this offer 8,878 SF Memory Care facility, originally built as a hospice. The 14-unit/22bed healthcare facility is currently vacant and is zoned B-1. The facility is fully-furnished for a memory careand is located at the entrance of a 55+ senior community.

The facility has been recently renovated with new tenant improvements and is configured as follows: 22beds | 6 single units and 8 double occupancy units with dividers, reception/lobby area, two offices, sittingroom, conference room, nurses work room. dining room, staff break-room, kitchen, laundry room, medicalwaste room, linen storage room, supply room, medication room and utility wash room. Each patient roomcontains a living area and a shared-bathroom arrangement with shower, commode and sink.

The facility is located in Winder, GA (Barrow County) and in the vicinity of Northeast Georgia Medical Centerand other medical facilities.

P RP RO P E RO P E RT Y H I G H L I G H TT Y H I G H L I G H T SS• 8,878 SF healthcare/senior housing facility

• 22 beds | 6 single units and 8 double occupancy units with dividers

• Available for immediate occupancy

• Fully-functioning staff and medical operational areas

• Recently renovated in 2020

• Zoned B-1

• Average Household Income 55+: $63,860

• Average Home Values: $243,669

E X E C U T I V E S U M M A RYR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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BUILDINGBUILDING

Property Address: 208 Memory Lane, Winder, GA 30680County: BarrowCommunity Name: Oak Pointe Memory CareNumber of Buildings: 1Total Building Size: 8,878 SFNumber of Units: 14Number of Beds: 22Unit Mix: 1 BR / 1 BA

SITESITE

Site Size: 1.57 AcresParcel ID: WN19D-154Zoning: B-1Parking Spaces: 23 Spaces

CCONSONSTRUCTRUCTIONTION

Number of Stories: 1Year Built: 2009Year Renovated: 2020

FINANCIALFINANCIAL

Price/Unit: $164,285Sale Price: $2,300,000

P R O P E R T Y I N F O R M AT I O NR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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A E R I A LR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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R E C E N T R E N O VAT I O N SR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

U N I TU N I TSS• Converted two offices into

additional units

• Rooms suitable for doubleoccupancy

• Private bathroom

OOT H E RT H E R• New outdoor furniture

• Medication room

• Medical waste room

• Sprinkler system

I N T E R I O RI N T E R I O R• Added a kitchen

• New flooring

• New decor

• New open floor plan

• Added a backup generator

• All hallways- full interior upgrade

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Full bath

Spacious one bedroom unitsFully-furnished bedroom

P H O TO SR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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Move-in ready condition

Natural light throughout

Welcoming entrance

Spacious living room

Intimate sitting area

P H O TO SR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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Hallway

Spacious seating

Additional gathering

Cozy dining room

P H O TO SR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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Elegant Courtyard

Breezy lounge

Traditional patio

Casual outdoor seating

P H O TO SR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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F L O O R P L A N SR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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A R EA R E A OA O V E RV E R V I E WV I E W

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I N T H E A R E AR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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WINDER, GAWINDER, GAThis small North Georgia town is the birthplace and home of Senator Richard BRussell. Golfers love playing at the par-72 Chimneys Golf Course that is located inFort Yargo State Park. This wooded park was named for the 1792 fort build bysettlers. The park also includes Will-A-Way Recreation Area, an accessible facilitydesigned for populations, group camp, picnic, etc. Spend the afternoon shoppingin Downtown Winder, complete with antique, craft and furniture shops and avariety of restaurants and coffee shops. The Winder Cultural Arts Center is anartistic haven with both visuals and performing arts. The county historicalmuseum offers a look into the people and vents that shaped the town.

https://www.exploregeorgia.org/city/winder

P O P U L AP O P U L AT I O NT I O N

102,452

M E D I A N I N CM E D I A N I N C O M EO M E

$63,001

M E D I A N AM E D I A N A G EG E

33.7

M E DM E D. H O M E P R I C E. H O M E P R I C E

$205,123

E M P LE M P LOOY M E N T R AY M E N T R AT ET E

96.8%

DEMOGRAPHICS (5-MILE)DEMOGRAPHICS (5-MILE)

A B O U T T H E A R E AR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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POPULAPOPULATIONTION 1 MILE1 MILE 5 MILE5 MILESS 10 MILE10 MILESS

Total Population 2,006 34,947 102,452Average age 30.2 32.4 33.7Average age (Male) 28.6 31.6 33.1Average age (Female) 32.9 33.8 34.8

HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 5 MILE5 MILESS 10 MILE10 MILESS

Total households 676 12,254 35,528# of persons per HH 3.0 2.9 2.9Average HH income $64,518 $56,965 $63,001Average house value $190,278 $205,523 $205,123* Demographic data derived from 2010 US Census

D E M O G R A P H I C S M A P & R E P O R TR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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CC O M PO M PA R A B L EA R A B L E SS

SUBJESUBJECCT PRT PROPEROPERTYTYAddrAddressess CityCity Asking PriceAsking Price YYear Builtear Built Building SizBuilding Sizee No. Of Units:No. Of Units: Price/SFPrice/SF SitSite Size Sizee Sold DaSold Dattee

208 Memor208 Memory Laney Lane Winder $2,300,000 2009 8,878 SF 14 $259.07 1.57 AC -

SSALEALES CS COMPSOMPSAddrAddressess CityCity Sale PriceSale Price YYear Builtear Built Building SizBuilding Sizee No. Of Units:No. Of Units: Price PSFPrice PSF SitSite Size Sizee Sold DaSold Dattee

11 931 Rock Quarry Road Stockbridge $3,250,000 2006 12,603 SF 12 $257.88 1.75 AC 04/28/2017

22 1262 Hightower Trail Atlanta $3,700,000 - 9,300 SF - $397.85 2.0 AC 09/30/2016

33 3805 Jackson Way Atlanta $5,100,000 1988 19,248 SF - $264.96 0.95 AC 06/30/2017

Subject Property

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S A L E C O M P SR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

SUBJESUBJECCT PRT PROPEROPERTYTY

208 Memory Lane | Winder, GA 30680$2,300,000Asking Price: 2009Year Built:

8,878 SFBuilding SF: $259.07Price PSF:

1.57 ACSite Size: 14No. Units:

11

931 R931 ROCK QUOCK QUARRARRY RY ROOADAD

Stockbridge, GA 30281$3,250,000Sale Price: 2006Year Built:

12,603 SFBuilding SF: $257.88Price PSF:

04/28/2017Sold Date: 1.75 ACSite Size:

12No. Units:

11

22

EMERITUS AEMERITUS AT ST SANDANDY SPRINGS PLAY SPRINGS PLACECE

1262 Hightower Trail | Atlanta, GA 30350$3,700,000Sale Price: -Year Built:

9,300 SFBuilding SF: $397.85Price PSF:

09/30/2016Sold Date: 2 ACSite Size:

-No. Units:

22

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S A L E C O M P SR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

33

3805 J3805 JAACKCKSON WSON WAAYY

Atlanta, GA 30127$5,100,000Sale Price: 1988Year Built:

19,248 SFBuilding SF: $264.96Price PSF:

06/30/2017Sold Date: 0.95 ACSite Size:

-No. Units:

33

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S A L E C O M P SR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

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CC O N TO N TAA CC T I N FT I N F O R M AO R M AT I O NT I O N

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Bull Realty is a commercial real estate sales, leasing, and advisory firm headquartered in Atlanta licensed in nine Southeast states.The firm was founded in 1998 on two primary missions: to provide a company of advisors known for integrity and to provide the bestdisposition marketing in the nation. Still guided by these philosophies, the firm's services have expanded to include disposition,acquisition, project leasing, tenant representation and consulting services. To add additional value and efficiency for clients, advisorsfocus on specific sectors and services in the office, retail, industrial, multifamily, land, healthcare, senior housing, self-storage,automotive, hospitality and single tenant net lease sectors.

The firm produces America's Commercial Real Estate Show, a national video show and podcast enjoyed by millions of people aroundthe country. Industry analysts, leading market participants and the firm's founder Michael Bull share market intelligence, forecastsand success strategies. The show has aired every week since 2010 on Apple Podcast, all major podcast sites, YouTube andwww.CREshow.com.

P RP RO F EO F ES S I O N A L BS S I O N A L BAAC KC KG RG RO U N DO U N DAs President of Bull Realty’s Senior Housing Group, Ernie Anaya focuses on providing real estate investment advice to senior housinginvestors in the Age Restricted Multifamily, Independent Living, Assisted Living/Memory Care, Skilled Nursing, Hospice, and DrugTreatment sectors.

Anaya’s services focuses on supporting senior housing investors develop and execute successful real estate strategies that delivergrowth and profitability goals. From acquisition, disposition, pre-development, site selection, market analysis, to note brokering.

Ernie is a member of the National Association of Realtors, Atlanta Commercial Board of Realtors, Association of Professional Mergers& Acquisition Advisors, Georgia Senior Living Association, National Investment Center for Senior Housing (NIC), and NationalApartment Association.

Anaya has 20+ years of experience in Fortune 500 Business-to-Business and Management Consulting with a focus on the healthcareindustry. His consulting experience includes Client Solutions Director with EMC Corporation covering Department of the Army in USand Germany, and Principal, Healthcare Sector with SunGard Consulting Services. He is experienced in Meaningful Use and HIPAAcompliance covering the US and Latin America and has over 15 years of experience in data center design, migration and co-locationservices. He has a BA in Astrophysics from Ole Miss and an MBA from Michigan State University, including their Global ManagementCourse in Japan & Singapore; was a part of the Executive Program in Supply Chain at Massachusetts Institute of Technology; and is aformer Army Officer with the 1st Cavalry Division, a Life Member of the American Legion, Strathmore Who’s Who Worldwide, andKnights of the Silver Circle, Army & Navy Club in Washington, D.C.

E R N I E A N AE R N I E A N AYYAA , M B, M BAAPrPresidenesident, Senior Housing Grt, Senior Housing Groupoup

Bull Realty Inc.50 Glenlake Parkway, Suite 600Atlanta, GA 30328404-876-1640 x130EAnaya@BullRealty.com

B R O K E R P R O F I L ER ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

Ernie Anaya, MBA404-876-1640 x130EAnaya@BullRealty.com

Bull Realty, Inc.50 Glenlake Parkway, Suite 600Atlanta, GA 30328

This Confidentiality Agreement (“Agreement”) is made and agreed to for the benefit of the undersignedparty (“Receiving Party”), the owner of the subject property (the “Seller”) and undersigned broker BullRealty Incorporated (“Broker”). Now therefore in consideration of the privileges granted to Receiving Partywith respect to receiving certain confidential information, and other good and valuable consideration, theReceiving Party hereby agrees to the following:

I. Confidential Information:Receiving Party will receive confidential information regarding property referred to as 208208 MemorMemoryy LaneLaneWinderWinder,, GAGA 3068030680. Prospect agrees to not disclose to any person that the property may be available for saleor lease, or that discussions or negotiations are taking place concerning the property, nor any terms,conditions, or other facts with respect to the property, including but not limited to tenant information, leaserates, lease expirations, income and expenses, and any such possible purchase, including the status thereof.The term “person” used in this agreement shall be interpreted broadly and shall include, without limitation,any corporation, company, partnership or individual other than parties to which Broker approves in writing.Receiving Party may share information with directors, officers, employees, agents, affiliates, counsel,lending sources, accountants or representatives of Receiving Party that Receiving Party notifies of therequirements of this Agreement. Receiving Party agrees to not contact the property owner, themanagement, the tenants, the lender, the vendors, the insurers, the employees or the customers of anybusiness at the site.

II. Acting as a Principal:Receiving Party hereby warrants that it is acting as a principal only, and not as a broker, regarding thiscontemplated transaction. Receiving Party acknowledges that Broker is working an agency capacity asrepresenting the Seller only in this transaction and is the only Broker involved in this potential transaction.Receiving Party agrees to not be involved in any arrangement to lease or purchase the property, in whole orin part, as a lender, partner, buyer of the note, buy in foreclosure, buy from bankruptcy court, or in anyother manner acquire an investment in, joint venture or control of the property, unless Bull Realty,Incorporated is paid a commission at closing as per separate agreement with Seller.

This agreement will expire two years from the date hereof.

III. Governing LawThis Agreement shall be governed and construed in accordance with the laws of the State of Georgia.

If you are a broker, or a principal desiring to include an outside broker, contact the listing agent directly for aBuyer and Buyer’s Broker Confidentiality & Commission Agreement.

Accepted and agreed to __ / __ / __

Receiving Party

Signature

Printed Name

Title

Company Name

Address

Email

Phone

Fax

SIGN CONFIDENTIALITYAGREEMENT ONLINE

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C O N F I D E N T I A L I T Y AG R E E M E N TR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

D I S C L A I M E RR ER E C E N T LC E N T LY R E N OY R E N O VV AAT E D M E M O RT E D M E M O R Y C A R E FY C A R E FAA C I L I T Y | 2 2 B E D SC I L I T Y | 2 2 B E D S

Bull Realty has been retained as the exclusive listing broker to arrange the sale of the Subject Property.

This Offering Memorandum contains selected information pertaining to the Property but does not purport to be all-inclusive or to contain all of theinformation that a prospective purchaser may require. All financial projections are provided for general reference purposes only and are based uponassumptions relating to the general economy, competition and other factors, which therefore, are subject to material change or variation. Prospectivepurchasers may not rely upon the financial projections, as they are illustrative only. An opportunity to inspect the Property will be made available toqualified prospective purchasers.

In this Offering Memorandum, certain documents, including financial information, are described in summary form and do not purport to be complete oraccurate descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected toreview independently all documents.

This Offering Memorandum is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute arecommendation, endorsement, suitability or advice as to the value of the Property by Bull Realty Inc. or the current Owner/Seller. Each prospectivepurchaser is to rely upon its own investigation, evaluation and judgment as to the advisability of purchasing the Property described herein.

Owner/Seller expressly reserve the right, at its sole discretion, to reject any or all expressions of interest or offers and/or to terminate discussions withany party at any time with or without notice. Owner/Seller shall have no legal commitment or obligation to any purchaser reviewing this OfferingMemorandum or making an offer on the Property unless a written agreement for the purchase of the Property has been fully executed, delivered andapproved by the Owner/Seller and any conditions to the purchaser's obligations therein have been satisfied or waived. The Owner/Seller reserves theright to move forward with an acceptable offer prior to the call for offers deadline.

This Offering Memorandum may be used only by parties approved by the Broker. The Property is privately offered, and by accepting this OfferingMemorandum, the party in possession hereof agrees (i) to return it if requested and (ii) that this Offering Memorandum and its contents are of aconfidential nature and will be held and treated in the strictest confidence. No portion of this Offering Memorandum may be copied or otherwisereproduced or disclosed to anyone without the prior written authorization of Bull Realty, Inc. The terms and conditions set forth above apply to thisOffering Memorandum in its entirety and all documents, disks and other information provided in connection therewith.

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