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Investment Highlights

  • 16781 SF Former Residential Care Facility
  • Ideal for Assisted Living, Behavioral Health, Rehabilitation, or Medical Use
  • 45-Bed Institutional Facility on 1 Acre

Executive Summary

Excellent opportunity to acquire a well-built 16,781-square-foot former residential care facility in Forrest City, Arkansas. This single-story brick building offers a functional institutional layout designed for healthcare and residential care operations. The property features resident rooms, common living areas, commercial kitchen facilities, administrative offices, and ample parking.
While the property may benefit from cosmetic updates, the building has solid construction and offers tremendous value for investors, healthcare providers, developers, or organizations seeking a facility for assisted living, behavioral health, rehabilitation, residential treatment, medical offices, or other institutional uses (subject to local approvals).
Conveniently located with easy access to major highways and local medical services, this property presents an outstanding opportunity to restore, repurpose, or redevelop an established healthcare facility.

Property Facts

Price $1,298,000
Price Per Bed $28,844
Sale Type Owner User
Sale Condition High Vacancy Property
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Continuing Care Retirement Community
  • Healthcare Rehabilitation Center
Lot Size 1.00 AC
Building Size 16,781 SF
No. Beds 45
No. Stories 1
Year Built 1996
Parking Ratio 1.43/1,000 SF

Room Mix Information

Description No. Beds
Resident Rooms 45
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
0800-00273-0000
Land Assessment
$8,310
Improvements Assessment
$205,000
Total Assessment
$213,310
  • Listing ID: 41096812

  • Date on Market: 6/29/2026

  • Last Updated:

  • Address: 1803 Lindauer Rd, Forrest City, AR 72335

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