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1031 Detroit Ave
Kingman, AZ 86401
THE GARDENS AT KINGMAN ASSISTED LIVING CENTER · Health Care Property For Sale
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18,425 SF
PROPERTY FACTS
| Property Type | Health Care | Building Size | 18,425 SF |
| Property Subtype | Assisted Living | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1990/2008 |
| Lot Size | 1.60 AC | Parking Ratio | 2.22/1,000 SF |
| Zoning | C-2 - Commercial; community business | ||
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 18,425 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1990/2008 |
| Parking Ratio | 2.22/1,000 SF |
| Zoning | C-2 - Commercial; community business |
ABOUT 1031 DETROIT AVE , KINGMAN, AZ 86401
Please complete Confidentiality Agreement for full Offering Memorandum. The Gardens at Kingman is a fully operational facility for sale at the below replacement cost of $1.75M, consisting of 49 rooms, 51 beds and generating a positive NOI of $111,976.82. This investment opportunity has the potential to afford a Buyer an opportunity to create significant value through lease-up, rental growth and improved operations at a much lower risk profile than new development. At stabilization, a Buyer can expect a healthy return with below market acquisition costs. The Gardens at Kingman is an opportunity to acquire a strategically located and well-established facility in a historically stable market with a value-add component. The property is located adjacent to two skilled nursing facilities and has great access off I-40 near a hospital, multiple medical providers, lodging, restaurants, and numerous retailers.
PROPERTY TAXES
| Parcel Number | 303-02-089D | Improvements Assessment | $1,416,351 |
| Land Assessment | $115,615 | Total Assessment | $1,531,966 |
PROPERTY TAXES
