
Village East
Incredible investment opportunity! From a 55+ living apartment complex to a residential style hotel
Marketing description
Incredible investment opportunity! From a 55+ living apartment complex or a residential style hotel to a multi-individual office building for leasing to specialized professionals or an educational facility ~ the possibilities are endless! Turn-key, well maintained, 16,901 sq. ft. brick building located in St. Clair County, the fourth fastest growing county in Alabama. Built in 2010, Village East, features a full kitchen and dining room, a library, an activity room, two living areas, a barber/beauty shop, laundry rooms, central gated courtyard, four office spaces and 24 modern suites with kitchenette, private ensuite, and walk-in closet. Nestled on +/- two acres, the property also boasts twenty plus parking spaces and a separate single-family home on an adjacent lot boasting 1024 sq. ft. living space. This beautiful property once served as a 28-bed assisted living facility offering residents an independent living suite that feels like home with 440+ sq. ft. Conveniently located just 5 miles to I-20 interstate and 39 miles from downtown Birmingham. Lucrative monthly revenue are just around the corner with this remarkable property.
Investment highlights
Two parcel of land covering +/- 1.9 acres
Congregate Living Building ~ full brick built in 2010 and Single Family/Caretaker Home built in 1997
Well-maintained - turn-key
24 modern suites with 4 suites offering living area & one bedroom ~ each featuring a
Full cafeteria style kitchen with dry storage pantry and large dining room
Four office spaces
Gated courtyard
One-level living and access throughout
Fire system with interior sprinkler system
Beautifully landscaped in peaceful setting
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