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INVESTMENT HIGHLIGHTS
- Turnkey Assisted Living Center
- 4.07 acres
- Priced below bank evaluation
- 60,329 sq. ft. primary building
- 2,280 sq. ft. duplex
EXECUTIVE SUMMARY
Primary building has historically been used for medical use and consists of 34,903 square feet above grade and 25,420 square feet below grade all sitting on 4.07 acres with approximately two acres undeveloped for future expansion or development. Listing also includes a 2,280 square foot duplex built in 2004 for additional income with acceptable offer. The listing is currently being ran as a level 1 assisted living center and can be included with the sale of the property at no additional cost. This is a turnkey business with34 resident rooms with private bathrooms, laundry, commercial kitchen, common areas and two employee apartments inside the primary building. Priced below current bank evaluation makes this a great investment opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
55,165 SF
Year Built
1974
Price
$2,400,000
Price Per SF
$43.51
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.31
Lot Size
4.07 AC
Zoning
LANDER-R-MED - LANDER-R-MED
Parking
50 Spaces (0.91 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Property Manager on Site
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3399-19-1-20-001.00 | Improvements Assessment | $255,835 |
| Land Assessment | $7,190 | Total Assessment | $263,025 |
PROPERTY TAXES
Parcel Number
3399-19-1-20-001.00
Land Assessment
$7,190
Improvements Assessment
$255,835
Total Assessment
$263,025
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