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5001 112th St E - Single Tenant Net-Leased Commercial Asset 11,675 SF Health Care Building Offered at $3,195,000 at a 7.09% Cap Rate in Tacoma, WA 98446
Executive Summary
The building consists of 20 patient rooms located around the perimeter of the building. A core community areas in the center of the building contains a large dining room / classroom, bath / shower rooms, housekeeping / laundry, staff offices and a commercial kitchen.
Prosperity Wellness Center is a State of Washington licenses facility for inpatient residential chemical dependency and mental health treatment. The facility provides a short-term home for clients requiring rehabilitation treatment which is assumed paid for by the State of Washington (DSHS) and other agencies, primarily Medicaid.
Prosperity Wellness Center is a State of Washington licenses facility for inpatient residential chemical dependency and mental health treatment. The facility provides a short-term home for clients requiring rehabilitation treatment which is assumed paid for by the State of Washington (DSHS) and other agencies, primarily Medicaid.
Property Facts
| Price | $3,195,000 | Lot Size | 1.05 AC |
| Price Per Bed | $159,750 | Building Size | 11,675 SF |
| Sale Type | Investment | No. Beds | 20 |
| Cap Rate | 7.09% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 1995 |
| Property Subtype | Hospital | Parking Ratio | 1.88/1,000 SF |
| Building Class | C | ||
| Zoning | CC, Pierce | ||
| Price | $3,195,000 |
| Price Per Bed | $159,750 |
| Sale Type | Investment |
| Cap Rate | 7.09% |
| Property Type | Health Care |
| Property Subtype | Hospital |
| Building Class | C |
| Lot Size | 1.05 AC |
| Building Size | 11,675 SF |
| No. Beds | 20 |
| No. Stories | 1 |
| Year Built | 1995 |
| Parking Ratio | 1.88/1,000 SF |
| Zoning | CC, Pierce |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 031901-4150 | Improvements Assessment | $1,276,700 |
| Land Assessment | $728,300 | Total Assessment | $2,005,000 |
Property Taxes
Parcel Number
031901-4150
Land Assessment
$728,300
Improvements Assessment
$1,276,700
Total Assessment
$2,005,000
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5001 112th St E - Single Tenant Net-Leased Commercial Asset