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45 E Alamar Ave
Santa Barbara, CA 93105
Villa Alamar · Health Care Property For Sale · 43 Beds

Property Facts

Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 0.74 AC
Building Size 12,377 SF
No. Beds 43
No. Stories 2
Year Built/Renovated 2002/2016
Tenancy Single
Parking Ratio 1.21/1,000 SF
Cross Streets Miradero Dr
Zoning R-4/S-D-2

About 45 E ALAMAR AVE , SANTA BARBARA, CA 93105

A boutique 26 unit, 43 bed Memory Care facility in the heart of Santa Barbara, California. The seller is exiting the Senior Housing space with this sale, their only facility. Current occupancy is 84% at an average of $5,650 per bed. The facility is across the street from a church, is well known in the market, and is in close proximity with a good relationship to Cottage Hospital, the biggest hospital in the market. Villa Alamar is an ideal value add opportunity for an owner/operator to enhance offerings, finish the partially renovated building, and cater to the growing population requiring professional Memory Care services.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 051-132-006
  • 051-132-017
Land Assessment
$3,072,134
Improvements Assessment
$3,854,541
Total Assessment
$6,926,675
  • Listing ID: 9802924

  • Date on Market: 10/30/2017

  • Last Updated:

  • Address: 45 E Alamar Ave, Santa Barbara, CA 93105

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