Presbyterian Village Austell

Our Fees/Rates

Presbyterian Village Athens/Oconee will offer a modified life care, Type B, residency agreement featuring a 50% refundable entrance fee.  The entrance fee will purchase a residency agreement and will include 20 days of nursing services per resident, per year.  Monthly fees will be set at the actual cost of the type of care needed, increasing only when assisted living or skilled nursing care are required.

All amenities will be included at no extra charge in the entrance fee/monthly fee.

Until we determine the number and size of cottages, cluster homes and apartments, we can only provide prospective residents with estimated entrance and monthly fees.

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Type B Residency Agreement 

Cottages

 

Sq. Ft.     Entrance     Monthly
                   Fee           Fee

2,000 -     295,000 -    1,990 –3,000       385,000      2,140

 

Clusters

 

Sq. Ft.     Entrance     Monthly
                   Fee           Fee

1,200 -      245,000 -    1,860 –1,700        290,000      2,010

 

Apartments

 

Sq. Ft.     Entrance     Monthly
                   Fee           Fee

800 -        155,000 -     1,390 –
2,200        325,000      2,160

 

*The above fees are projections and are subject to change
 until residency agreements are finalized.

·        Assisted Living:  $3,750 - $3,850/month

·        Skilled Nursing Care:  $4,400 - $4,600/month

·        Second person add $10,000 to all entrance fees and $510 to all monthly fees.  

·        No substantial increase in monthly fees until assisted living or skilled nursing services are needed.

·        Lends itself to full utilization of Long-Term Care Insurance benefits that are activated when assisted living or skilled nursing services are needed. 

 

Entrance Fee

·        50 percent refundable entrance fee amortized over a 5-year period.  At the 5th year, the refund becomes 50 percent and stays 50 percent from that time forward.

·        If a resident passes away, the refund returns to their estate. 

* The yearly amortization schedule will be finalized at the time residency agreements are finalized.

 


 


Presbyterian Homes of Georgia - Quitman, Austell, Atlanta and Decatur

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