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1601 Southgate Pl - McKay Creek Assisted Living 33,250 SF Health Care Building Offered at $8,620,000 at a 6.75% Cap Rate in Pendleton, OR 97801
Executive Summary
The McKay Creek Assisted Living is an excellent investment property. It offers long term stability with a 20-Year Lease Term in place. Additionally, this is a hands-off investment with the Tenant responsible for all expenses including capital costs. With easy access off Interstate-84, it serves the Greater Pendleton and Umatilla County Area.
Property Facts
| Price | $8,620,000 | Building Size | 33,250 SF |
| Price Per Bed | $187,391 | No. Beds | 46 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.75% | Year Built | 2000 |
| Property Type |
| Price | $8,620,000 |
| Price Per Bed | $187,391 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | |
| Building Size | 33,250 SF |
| No. Beds | 46 |
| No. Stories | 2 |
| Year Built | 2000 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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