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410 Spruce St - Senior Care Facility + Market-Rate Apts 18,226 SF Specialty Building Offered at $999,999 in Albert City, IA 50510
Executive Summary
Discover an exceptional investment opportunity on the outskirts of Albert City! This expansive 41,421 square foot property, constructed in 1965 and renovated in 2003, encompasses 29 nursing home units and 16 market rate apartments. The existing apartments bring immediate income while the nursing home (not currently utilized)could continue its current use or be repurposed for apartments/school/or another other use you can envision. Boasting solid construction and situated in a prime location, this property offers limitless potential for a variety of applications. With its versatility and ample space, this property is a rare find in today's market. Don't miss out on the endless possibilities and watch your vision come to life in this remarkable property. ** 24-hour notice required for showings.
Property Facts
| Price | $999,999 | Lot Size | 2.86 AC |
| Price Per SF | $24.14 | Building Size | 41,421 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1965/2003 |
| Zoning | M - Residential (MR R3+) | ||
| Price | $999,999 |
| Price Per SF | $24.14 |
| Sale Type | Investment |
| Property Type | Specialty |
| Lot Size | 2.86 AC |
| Building Size | 41,421 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2003 |
| Zoning | M - Residential (MR R3+) |
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 08-23-151-009 | Improvements Assessment | $906,740 |
| Land Assessment | $28,950 | Total Assessment | $935,690 |
Property Taxes
Parcel Number
08-23-151-009
Land Assessment
$28,950
Improvements Assessment
$906,740
Total Assessment
$935,690
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410 Spruce St - Senior Care Facility + Market-Rate Apts
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