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Investment Highlights

  • Licensed assisted living facility with 16 bedrooms, 32 beds, plus separate apartment

Executive Summary

Rare opportunity to acquire a licensed assisted living facility. The property features 16 bedrooms, licensed for 32 beds. It has a commercial kitchen and a separate apartment. Sellers are retiring and willing to include the business. Currently has 10 residents.

Property Facts Under Contract

Price $750,000
Price Per Bed $23,438
Sale Type Investment or Owner User
Property Type
Health Care
  • Healthcare Assisted Living
Lot Size 0.81 AC
Building Size 8,583 SF
No. Beds 32
No. Stories 1
Year Built 1987
Parking Ratio 0.93/1,000 SF
Zoning UR

Amenities

  • Wheelchair Accessible
  • Smoke Detector
  • Backup Power / Generators

Room Mix Information

Description No. Beds
Bedrooms 32
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
0329-0480
Land Assessment
$64,610
Improvements Assessment
$396,740
Total Assessment
$461,350
  • Listing ID: 38391386

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 3736 Turnpike Rd, Portsmouth, VA 23701

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