Keller Williams Commercial
Listed by Keller Williams Commercial
$599,900
Nottaway Ct - Senior Care Facility
Details
APN 18-285-03-020
Property Type Senior Living
Square Footage 2,895
Net Rentable (SqFt) 2,895
Units 1
Beds 7
Cap Rate 8%
NOI $48,000
Occupancy 100%
Price per SqFt $207
Broker Co-Op Yes
Class D
Year Built 1952
Year Renovated 2020
Buildings 1
Stories 1
Acreage 0.420
Investment Type Value Add
Turnkey, low-maintenance asset Recession-resistant use (senior care) Built-in rent growth
Investment highlights
7 Bedrooms | 3 Bathrooms + Office
Functional layout ideal for residential assisted living / senior care use
Actual usable size exceeds tax records
Long-standing, successful use as a licensed care facility
2023: Fully remodeled bathrooms
Kitchen: Granite countertops & stainless steel appliances
Interior: New luxury vinyl plank flooring, fresh paint, updated lighting
Systems: HVAC replaced (2017 & 2018)
Exterior: New roof (2019), concrete siding & paint (2018)
Listing Contacts
Keller Williams Commercial
Listed by Keller Williams Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,000.00
$4,000.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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