Senior Living Facility
Special Purpose
for Sale
| Catylist Listing ID: |
30868193 |
| Property Subtypes: |
Senior Housing
|
| Building Size (RSF): |
21,511 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$3,250,000 |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/30/2024 |
Overview / Comments
|
This 21,511 SF, 40-unit independent living private pay facility, was built in 1990 and has been renovated over the years. It is sited on a spacious 4.9 acre site near downtown Waterville and I-95. This full service retirement community is fully-staffed, offers luxury dining rooms, on site kitchen and laundry, and a welcoming home-like atmosphere. The 2nd floor contains 5 units, an employee breakroom and lounge with full bath, a manager’s office, and a walkup attic storage spanning the length of the building. With modern conveniences desirable for private pay residents, all resident rooms are private and each has its own bath with walk-in shower. The clustering of 8-12 rooms around four separate corridors certainly creates a sense of privacy. There are several common areas including an outdoor patio, vegetable garden, and covered porches. Meticulously maintained with pride and with luxury finishes such as the seven 18 carat Strauss crystal chandeliers in the dining rooms and living room.
|
Additional Details
| Nearest MSA: |
Augusta-Waterville |
| County: |
Kennebec |
| Tax ID/APN: |
11240_048-323-000 |
| Zoning: |
MU - MIXED-USE |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,343 |
25,835 |
31,489 |
| Median Age: |
39.2 |
40.23 |
40.73 |
| Households: |
4,175 |
10,727 |
13,044 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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