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27+/- Bed Assisted Living South Alabama

Senior Living | South Alabama

Listing Contacts

Active

Asking Price: $2,300,000
Date Added
Dec 6, 2024
Days on Market
98 days
Time Since Last Update
4 days

Details

Property TypeSenior Living
SubtypeAssisted Living Facility, Residential Assisted Living Facility, Senior Care
Square Footage17,000 - 20,000
Cap Rate11.30%
Units25

Marketing Description

KW Commercial and My ALF Consultant are pleased to exclusively offer this well established and stabilized 25 +/-  bed assisted living for sale in Southern Alabama.​

The building is custom built for the use of assisted living and offers the residents a very well planned layout and amenities.​ The ALF for Sale Alabama has a very well trained manager in place that handles most of the daily administrative activities.​

The facility was purchased recently and the new owner increased the occupancy and made many improvements.​ Recently appraised at $2,800,000, yet offered at a price well below replacement cost.​ Situated on 5 acres, the property also offers a unique growth opportunity with the feasibility of adding 15 independent living units, addressing strong demand from community residents seeking a transitional living option.​

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Due Diligence

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Contact

Listing Contacts


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