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34521739
34521665

101 Kelly's Court, Forest City, IA 50436 For Sale

DC
IA S71177000
BT
IA B35540000
$698,500
0 days on market
Updated 0 days ago

101, 102, 105 Kelly's Court

Details
APN 1135326008
Property Type Multifamily, Mixed Use (+1)
Sub Type Assisted living facility
Square Footage 12,300
Units 3
Tenancy Vacant
Year Built 1985
Buildings 3
Stories 1
Acreage 3.580
Parking Spaces 20 spaces
Parking per 1,000 SqFt 1.63
Investment Type Redevelopment
Ground Lease No

3 buildings/homes and a parking lot, own the whole cul-de-sac next to college

Marketing description

Former assisted living facility, 3 separate homes all approx. 4100 Sq. Ft This listing includes 3 separate 5 Bedroom 4 Bath homes (101,102 & 105 Kelly's Ct.) all former assisted living facilities ready to be transformed into your dream investment. All 3 buildings are the same layout and very similar inside.

Unique Investment Opportunity – 3-Building Former Assisted Living Facility next to the Waldorf University campus

Don’t miss this rare opportunity to own a multi-building property with endless potential! Formerly operated as an assisted living facility, this property features three separate buildings situated on a spacious cul-de-sac, providing privacy and convenience.

With a large paved parking lot and room for expansion or redevelopment, the layout is ideal for a variety of uses—senior housing, multifamily conversion, group living, rehabilitation center, office complex, or other institutional or residential purposes (subject to zoning).

The property covers the entire cul-de-sac, offering maximum accessibility and presence. Each building includes multiple rooms, common areas, restrooms, and kitchen facilities designed for residential care, with infrastructure already in place to support similar operations.

Bring your vision and transform this one-of-a-kind property into your next successful ventur •

Investment highlights

This listing includes 3 separate 5 Bedroom 4 Bath homes (101,102 & 105 Kelly's Ct.) all former assisted living facilities ready to be transformed into your dream investment. All 3 buildings are the same layout and very similar inside.

Unique Investment Opportunity – 3-Building Former Assisted Living Facility next to the Waldorf University campus

Don’t miss this rare opportunity to own a multi-building property with endless potential! Formerly operated as an assisted living facility, this property features three separate buildings situated on a spacious cul-de-sac, providing privacy and convenience.

With a large paved parking lot and room for expansion or redevelopment, the layout is ideal for a variety of uses—senior housing, multifamily conversion, group living, rehabilitation center, office complex, or other institutional or residential purposes (subject to zoning).

The property covers the entire cul-de-sac, offering maximum accessibility and presence. Each building includes multiple rooms, common areas, restrooms, and kitchen facilities designed for residential care, with infrastructure already in place to support similar operations.

Bring your vision and transform this one-of-a-kind property into your next successful venture!

Listing Contacts

DC
IA S71177000
BT
IA B35540000

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Additional Information

Name
Dustin Crawford
License
S71177000
Brokerage
Iowa Home & Land Realty
Brokerage Phone
5154230195
Title
Real estate sales person
Brokerage Address
231 1/2 South Main Street
Name
Brenda Tabatabai
License
B35540000
Brokerage
Iowa Home & Land Realty
Brokerage Phone
5154230195
Title
Real Estate Broker
Brokerage Address
231 1/2 South Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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