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: 5/23/2024

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.

Attachments & Media

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 11240_048-323-000
Zoning: MU - MIXED-USE

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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


Photograph of Listing Agent

Bryan Plourde

The Dunham Group
NECPE Member
Photograph of Listing Agent

T.C. Haffenreffer

The Dunham Group NECPE Member
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