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425 N Badger St - Houston County 76k SF Former Assisted Living 76,500 SF Health Care Building Offered at $999,000 in Caledonia, MN 55921
INVESTMENT HIGHLIGHTS
- Immediate operational footprint minimizes the costly and time-consuming pre-operational improvements required for re-entry into the broad care market
- Minnesota is home to "Medical Alley” property is located in Houston County, Minnesota, region supported by the crucial Health Care & Social Assistance
- Repurpose Value: Assisted Living, Memory Care, Senior/Specialty Apartments, Rehabilitation Centers, Behavioral Health Services, or Specialty Medical
EXECUTIVE SUMMARY
This property is available via Online Auction at www.FRE.com/528D6 with a starting bid of $999,000
Existing infrastructure provides a massive cost-saving competitive edge, ideal for rapid repositioning to serve the region’s growing need for specialized healthcare, residential, or behavioral services.
Existing infrastructure provides a massive cost-saving competitive edge, ideal for rapid repositioning to serve the region’s growing need for specialized healthcare, residential, or behavioral services.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Wheelchair Accessible
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. BEDS |
|---|---|
| 56 private rooms | 66 |
1 1
PROPERTY TAXES
| Parcel Number | R-21.0722.000 | Improvements Assessment | $1,081,100 |
| Land Assessment | $110,200 | Total Assessment | $1,191,300 |
PROPERTY TAXES
Parcel Number
R-21.0722.000
Land Assessment
$110,200
Improvements Assessment
$1,081,100
Total Assessment
$1,191,300
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425 N Badger St - Houston County 76k SF Former Assisted Living
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