Former Senior Care Facility

Multi-Family for Sale
Catylist Listing ID: 30582934
Property Subtypes: Senior Living
Number of Units: 58 Units
Building Size (RSF): 37,590 SF
Gross Building Area: See Agent
Gross Land Area: 4.48 Acres
Sale Price: $3,200,000
Unit Price: $55,172.41 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2020

Overview / Comments

Subject property was a 132 bed senior care facility built in two phases 1969 and 1984. The building is 37,590 sq. ft and sits on 4.481acres. Some of the features of the property are:

Hot water heat with central boiler
45kW natural gas back up generator
Fire suppression
Water, Sewer, Gas and Electric to site
Central Kitchen
Dining Area
Physical Therapy Room
Administrative Office Area
Central Laundry

Property is not operating. Licenses have been returned to State. Real Estate Only.

Property Taxes - W' 2019 - $20,025 S' 2019 $67,110

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 25-53-26-526-015
Area Description: Situated off main access road. Access across street from retail including grocery, hardware, restaurants, gas/convenience store. etc
Property Condition: Average
Number of Stories: 1
Year Built: 1969
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Laundry: Shared
Sprinklers: Wet
Heat Type: Natural Gas, Hot Water
Heat Source: Other
Fuel: Gas
Air Conditioning: Other
Zoning Description: HDR
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,763 29,761 50,657
Median Age: 34.89 40.57 40.02
Households: 2,367 11,921 19,867

Contact

Photograph of Listing Agent

Mark Piper

Piper Realty Company
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.