Assisted Living Facility For Sale

Special Purpose for Sale
Also listed as Office
Catylist Listing ID: 30654703
Property Subtypes: Senior Housing
Building Size (RSF): 6,789 SF
Gross Building Area: See Agent
Sale Price: $525,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/30/2020

Overview / Comments

-Former Stacey Manor Assisted Living Facility
-Property on SW corner of Tanner Williams Road and Novatan Road
-16 rooms can fit up to 21 beds
-All Furniture, Fixtures, and Equipment remains ($100,000 worth)
-Full Turn Key operation
-6,789 SF
-2.67 Acre Site—Plans in file to expand to 33 rooms
-Formerly listed for $840,000
-Fully occupied gross income of $522,000 per year
-10 bathrooms, full kitchen, pharmacy, security cameras

Can be leased for: $8 PSF NNN—$4,526/mo

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2703070000010.062

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,298 7,741 31,163
Median Age: 37.56 35.73 36
Households: 810 2,710 11,240

Contact

Photograph of Listing Agent

Cameron Weavil, CCIM

The Weavil Company, LLC
Gulf Coast CMLS Member
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