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29350563
29350583

2 Locations

DB
AL AL 113108
Signature Realty
Listed by Signature Realty
$1,500,000
142 days on market
Updated 8 days ago

Village East

Details
Property Type Senior Living, Special Purpose (+2)
Sub Type Medical Office
Square Footage 16,901
Net Rentable (SqFt) 11,232
Units 24
Beds 28
Price per SqFt $89
Price Per Acre $25,000
Class D
Year Built 2010
Buildings 2
Stories 1
Acreage 1.900
Zoning Commerical
Investment Type Owner/User
Ceiling Height 9'
Ownership Fee Simple
Sale Condition For sale by owner

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

https://www.220kingscircle.com/unbranded

Listing Contacts

DB
AL AL 113108
Signature Realty
Listed by Signature Realty

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Additional Information

Name
Donna Breland
License
AL 113108
Brokerage Phone
205-910-8799
Brokerage Address
2608 Doctor John Haynes Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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