Operating Senior Assisted Living Facility - Renovated
Appraised at $1,110,000 in 2020
40 Bed Facility with Secure Electronic Key Card Access
Zoned Professional Office District (C-1) - Retail, Medical, and Residential Uses Permitted
Recent Renovations Provide Modern Aesthetic & Revitalization
This operating assisted living and memory care facility is a unique investment opportunity that rarely presents itself through an auction offering. The 40 bed facility is a turn key operation. Through increased private pay rates and increase in private pay residents, as well as being located in a market with limited competition for assisted living and memory care services, the outlook and growth potential look strong for the coming years. The facility has been well cared for and adorns a modernized aesthetic that will undoubtedly make all residents feel right at home. Secure key card access is in place to provide peace of mind for both residents and their loved ones.
Lot Size: 1.52+/- acres
Year Built/Remodeled: Built in 1985, Renovated in 2018
Parcel ID#: 051-034-100-21
2019 Tax Assessment (SEV): $305,400*
2019 True Cash Value: $610,800*
*Taxes are based on the lower Taxable Value
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