This Senior Housing Property is Off-Market.

900 Royal Heights Rd.
Belleville, IL 62226 ·

200 Beds · Senior Housing For Sale

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HUGE Reduction! Accepting offers for 5 days!

Price N/A Commission Split 3%
No. Beds 200 No. Stories 2
Property Type Senior Housing Year Built 1973
Property Sub-type
Assisted Living Residences
More...
  • Day Care Facility/ Nursery
  • Congregate Senior Housing
  • Community Center
Lot Size 5 AC
Property Use Type Vacant/Owner-User
Listing ID: 17567748 Date Created: 03/11/2012 Last Updated: 01/19/2015

Description

Originally built in 1973 as a grand nursing home, this was the place to be if you required the help of a nurse. Over a million dollars was put into the property to correct failing systems, roof and windows. Could be used as a medical office building (Dentist, Specialist, Family Phys). Some vacant space of the building still requires rehab. It's best use would be as an Assisted Living Center. Convert small rooms to bedroom with living room and private 1/2 bath. The property does have about $178,000 of income now, plus another tenant prospect that would pay an additional $70,000 per year.

Located within 3 blocks of Memorial Hospital of Belleville, IL. Near 161 Hwy. Bus stops out front.
The agent for this listing is: Terry Heimann

Highlights

  • Two elevators
  • Large cafeteria
  • Court yard

Research

900 Royal Heights Rd., Belleville, IL 62226 (Saint Clair County)

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