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326 Asbury Ave
Ripley, TN 38063
Lauderdale Community Hospital · Health Care Property For Sale · 75 Beds

INVESTMENT HIGHLIGHTS

  • Additional 6,584 SF Medical Office Leased to CAH Operator Under a 10-Year, Triple Net Lease (NNN)
  • Potentially Eligible To Receive Enhanced Funding and Reimbursement From Multiple Federal and State Programs Through the Investor Supporting an Under-S
  • Brand-New Lauderdale Hospital Neighbors the Subject Property With $25M Capital Investment Through the New Market Tax Credit (NMTC) Program, Receiving
  • The Structure is a Single-Story Building Well-Suited for Redevelopment, With Proportionate Common Areas, Kitchen, Dining and Service Spaces
  • Senior Housing and Behavioral Health Services Showcase a Great Need in the Area, Justifying the Need To Implement Additional Services
  • Ford Motor Company is Currently Constructing the Historic BlueOval City Complex Located 30 Minutes from the Hospital, Where the Production of Ford’s S

PROPERTY FACTS

Property Type Health Care
Property Subtype
Hospital
  • Healthcare Congregate SeniorHousing
  • Healthcare Rehabilitation Center
Building Class B
Lot Size 35.07 AC
Building Size 68,275 SF
No. Beds 75
No. Stories 1
Year Built 1982
Parking Ratio 3.15/1,000 SF
Zoning H-1

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
- 75

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
094-027.04
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,186,400
  • Listing ID: 29131877

  • Date on Market: 7/28/2023

  • Last Updated:

  • Address: 326 Asbury Ave, Ripley, TN 38063

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