19570 Co Rd 33

Special Purpose for Sale
Catylist Listing ID: 30782627
Property Subtypes: Senior Housing
Building Size (RSF): 8,356 SF
Gross Building Area: See Agent
Sale Price: $899,000
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2022

Overview / Comments

Oakland Place is a former owner-operated Memory Care Facility perfectly situated in Fairhope, AL and in Baldwin County, the fastest growing county in Alabama and the 7th fastest growing metropolitan area in the country. Resting on approximately one acre, the property consists of two buildings. The main building was constructed in 1993 and offers a heated and cooled area of approximately 5,956 SF. The building consists of thirteen bedrooms, sixteen beds, and eight bathrooms. There is a secondary metal building on site that measures approximately 2,400 SF and serves as a heated and cooled storage space and a one-bedroom apartment.

The Certificate of Need for sixteen Memory Care beds remains in effect. Alternative property uses include, but are not limited to, an Assisted Living Facility, Boarding House, Daycare, Preschool, Addiction/Abuse Rehab, Troubled Youth Facility, Specialty Care Facility, Residential, or Office/Call Center.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-47-04-19-0-000-016.009
Year Built: 1993
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 174.2' X 156.2' Irr Com At The Sw Cor Of Sw1/4 Of Nw1/4 Sec 19 Run E 423', Th N 401' For Pob, Th S 68.5', Th W 182.1', T H N 156.1', Th E 45', Th N 66.5', Th E 174.2', Th S 156.2', Th W 36.3' To The Pob Sec 19-T6s-R3e (Wd/Survivorship) In# 1 379844

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,906 11,529 34,733
Median Age: 46.97 40.29 41.94
Households: 792 4,378 13,814

Contact

Photograph of Listing Agent

Patrick Daily

Re/Max of Orange Beach Gulf Coast CMLS Member
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