10136 Isle St 4,491 SF Health Care Building Offered at $1,495,000 at a 14.60% Cap Rate in Parker, CO 80134

The project is private pay, no Medicaid residents. It achieves excellent, high assisted living rates and is professionally managed by a veteran Douglas County assisted living team. This 10-bed (licensed) modern high-quality assisted living is a former single-family residence ranch-style built new in 2016. It features 9 bedrooms total, with 5 bedrooms on the main floor and 4 bedrooms in walkout finished basement (with a stairlift). There are 3 full bathrooms upstairs and two full bathrooms in the basement, The main level features a kitchen, nook, dining area, fireplace, foyer, laundry, a Trex deck, and an attached 2-car garage on the main floor. In August of 2022, the basement was finished, adding four new resident bedrooms sharing 2 full bathrooms, a basement family room and kitchenette, a staff office, a utility room, and a walkout patio. The rectangular site is 8,364 square feet in size, backing up to open space, in a residential suburban bedroom community.