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8 Jennifer Dr 11,000 SF 100% Leased Flex Building Merrimack, NH 03054 $1,725,000 ($156.82/SF)
EXECUTIVE SUMMARY
RoseHaven is a NH 804 licensed assisted living facility. Currently licensed for 28 beds The property operates on 2 levels. It offers ground level walk-out on each floor. The property was entirely renovated 3+ years ago All the bathrooms were renovated to include new ADA handicap roll in showers, ADA height toilets, and bathroom sinks. Each floor has a dining and living room areas for common space. The main kitchen is centrally located so food can easily be brought to the dining areas on each level. There are at least 2 oversized staircases to each level making accessibility to each area easy. There are multiple bathrooms on each level, and they meet the requirement of resident beds to bathroom ratios.
Many of the mechanical systems have been updated in the past few years.
RoseHaven, the assisted living tenant, is still operating and currently has 24 +/-residents, but it is the real estate ONLY for sale. Most residents are private pay, 1 or 2 are Medicaid. There is a full staff of LNA’a and PCA’s to cover 3 daily shifts, 7 days a week.
Owner of the real estate owns and operates RoseHaven.
Of note, the owner has spent time and soft costs to construct a large addition, for up to 50 more beds.
Many of the mechanical systems have been updated in the past few years.
RoseHaven, the assisted living tenant, is still operating and currently has 24 +/-residents, but it is the real estate ONLY for sale. Most residents are private pay, 1 or 2 are Medicaid. There is a full staff of LNA’a and PCA’s to cover 3 daily shifts, 7 days a week.
Owner of the real estate owns and operates RoseHaven.
Of note, the owner has spent time and soft costs to construct a large addition, for up to 50 more beds.
PROPERTY FACTS
| Price | $1,725,000 | Lot Size | 1.14 AC |
| Price Per SF | $156.82 | Rentable Building Area | 11,000 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Year Built | 1900 |
| Building Class | C | ||
| Zoning | Industrial - Industrial with Elderly Overlay | ||
| Price | $1,725,000 |
| Price Per SF | $156.82 |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.14 AC |
| Rentable Building Area | 11,000 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | Industrial - Industrial with Elderly Overlay |
AMENITIES
- Yard
- Balcony
UTILITIES
- Water - City
- Sewer - City
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PROPERTY TAXES
| Parcel Number | MRMK-000404D-000064 | Improvements Assessment | $785,800 |
| Land Assessment | $280,200 | Total Assessment | $1,066,000 |
PROPERTY TAXES
Parcel Number
MRMK-000404D-000064
Land Assessment
$280,200
Improvements Assessment
$785,800
Total Assessment
$1,066,000
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8 Jennifer Dr
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