Listed by Signature Associates Southfield
$4,250,000
Brownstown's Forest View Assisted Living
Details
APN 70-035-99-0025-702
Property Type Multifamily, Senior Living
Sub Type Apartment Building, Low-Rise
Square Footage 30,270
Units 76
Price per SqFt $140
Class B
Year Built 2002
Year Renovated 2021
Buildings 1
Stories 2
Acreage 1.960
Zoning B-2
Parking Spaces 52 spaces
Parking Per SqFt 1.72
Multifamily | 76 Units
Marketing description
Brownstown forest view assisted living, a 30,270 sq.ft. 57 unit assisted living facility in brownstown twp. 100% fee-simple interest including all assets. The property is licensed for as a home for the aged for 76 beds. Individual unit renovations are nearly complete. Improvements and renovations include flooring, lighting, paint, ptac units, window treatments and bathroom updates. Each unit has its own bathroom with shower. 4 rooftop units and 2 boiler tanks were replaced in 2020. 3 sizes of studio units are available: standard studio: 212 sq.ft; deluxe studio: 303 sq.ft.and premium: 350 sq.ft.
Investment highlights
- 30,270 square feet / 57 unit assisted living
- Located in Wayne County, Metropolitan Detroit
- To sell the 100% fee-simple interest including all assets
- The property is licensed as a home for the aged for 76 beds
- Individual unit renovations are nearly complete
- Improvements and renovations include flooring, lighting,
- paint, PTAC units, window treatments and bathroom updates
- Each unit has its own bathroom with shower
- 4-rooftop units and 2 boiler tanks were replaced in 2020
- 3 sizes of studio units are available:
- Standard Studio: 212 sq. ft.; Deluxe Studio: 303 sq. ft.; and Premium: 350 sq. ft.
- Sale Price: $4,250,000
- Total Taxes: $82,436.29 (2024) I
Listing Contacts
Listed by Signature Associates Southfield
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