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1905 Route 75 5,300 SF Health Care Building Offered at $199,000 at a 25% Cap Rate in Kenova, WV 25530
Investment Highlights
- Handicap Access
Executive Summary
Property prior use was that of a recovery home. This building will serve a variety of group homes, well.
It has great potential to be converted into a 4-unit apartment complex.
Property Overview
Type: Commercial – Former Personal Care Home
Size: Approx. 5,300 sq ft
Lot Size: 0.34 acres
Current Configuration: 20-bed personal care facility
Features
Large dining room, kitchen, and living room
3 offices, laundry, and storage rooms
Two-zone heating & cooling
Covered porch and outside storage building
It has great potential to be converted into a 4-unit apartment complex.
Property Overview
Type: Commercial – Former Personal Care Home
Size: Approx. 5,300 sq ft
Lot Size: 0.34 acres
Current Configuration: 20-bed personal care facility
Features
Large dining room, kitchen, and living room
3 offices, laundry, and storage rooms
Two-zone heating & cooling
Covered porch and outside storage building
Property Facts
| Price | $199,000 | Building Class | B |
| Price Per Bed | $9,950 | Lot Size | 0.31 AC |
| Sale Type | Investment or Owner User | Building Size | 5,300 SF |
| Cap Rate | 25% | No. Beds | 20 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built/Renovated | 1920/2009 |
| Price | $199,000 |
| Price Per Bed | $9,950 |
| Sale Type | Investment or Owner User |
| Cap Rate | 25% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 5,300 SF |
| No. Beds | 20 |
| No. Stories | 1 |
| Year Built/Renovated | 1920/2009 |
Amenities
- Wheelchair Accessible
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Property Taxes
| Parcel Number | 02-4B-00150000 | Improvements Assessment | $86,460 |
| Land Assessment | $11,100 | Total Assessment | $97,560 |
Property Taxes
Parcel Number
02-4B-00150000
Land Assessment
$11,100
Improvements Assessment
$86,460
Total Assessment
$97,560
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Presented by
Anchor Project Center
1905 Route 75
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