Historical Senior Housing Sale Listing - ResCare of Dayton

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ResCare of Dayton

400 Indian Trail, Dayton, OH 45449

N/A

8 Beds | Senior Housing

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Senior Housing Property - Off Market

Price:
N/A
No. Beds:
8
Property Type:
Senior Housing
Property Sub-type:
Assisted Living Residences
Property Use Type:
Investment
No. Stories:
1
Year Built:
1964
Lot Size:
2.15 AC
Listing ID
13817486
Last Updated
over 1 year ago

Highlights

  • National Credit Tenant
  • Tenant occupied property since 1984
  • Nearly NNN lease, owner responsible solely for insurance on building
  • Long-term lease expires December of 2009
  • 800 person waiting list for similar type facilities

Description

Rescare, Inc. has maintained an assisted living facility at the property since the earlier 1980s. The single story ranch house was originally designed and intended as a single family dwelling, and the Outlook America has been able to maintain that look and feel for the enjoyment of its 8 full-time residents. All necessary improvements have also been made to meet the residents' needs. The participants in the adult day care program that also operates from the property further enhance socialization opportunities for the residents. Some residents have remained at the facility for over ten years, which is why there is an 800-person waiting list for this and similar properties. ResCare, founded in 1974, is a human service company that provides residential, therapeutic, job training or educational supports to people with developmental or other disabilities, to youth with special needs and to adults who are experiencing barriers to employment. The company is based in Louisville, KY. ResCare s 30,000 employees provide services to some 32,000 people in 32 states, Washington, D.C., Puerto Rico and Canada

Dayton, Ohio, the birthplace of aviation, is a dynamic and diverse city. Major national universities such as the University of Dayton and Wright State University, along with the Sinclair Community College, draw in over 40,000 students annually.
A wide variety of employers, including Delphi Automotive, the University of Dayton, Good Samaritan Hospital, and the Wright Patterson Air Force Base create a strong economic foundation for the area.. Additionally, transportation is a major industry in the area.
Located in western Ohio, Dayton is at the hub of one of the largest "90-minute" markets in the nation. Indianapolis, Columbus, Cincinnati, and Toledo are all with a 90-minute drive of Dayton. This location allows a wide variety of businesses to set up in Dayton due to the strong distribution network.

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Research for 400 Indian Trail, Dayton, OH 45449 (Montgomery County)

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Created 12/2/2003