Large Scale Care Facility
Special Purpose
for Sale
Catylist Listing ID: |
30760510 |
Property Subtypes: |
Health Care/Medical, Senior Housing
|
Building Size (RSF): |
61,022 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
4.95 Acres
|
Sale Price: |
$2,500,000 |
In Opportunity Zone? |
Yes |
Property Use Type: |
Investment, Vacant/Owner-User, Business |
Sale Terms: |
Cash to Seller, Owner Financing |
Cap Rate: |
Undisclosed |
Last Updated: |
3/9/2024 |
Overview / Comments
The McEnery Company is pleased to present this large-scale residential-care redevelopment opportunity at a fraction of replacement cost. Located within the quickly expanding Lake Charles MSA in an Opportunity Zone, other medical and/or institutional / government offices would also bode well for the asset. The property last operated as the 250 bed St. Martin de Porres Senior multi-care facility, closing after Hurricane Laura in 2020. Minimal cosmetic damage was sustained in the storm with all utilities remaining operational at present. Since its closure, the facility has been utilized for short term training activities and remains climate controlled.
|
Additional Details
Nearest MSA: |
Lake Charles |
County: |
Calcasieu |
Tax ID/APN: |
031008-0000-240-0014 |
Zoning: |
R-M |
Property Located Between: |
Avenue J & Legion St |
Largest Nearby Street: |
Legion St. |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Construction/Siding: |
Concrete |
Parking Type: |
Surface |
Zoning Description: |
Multi Family Residential District |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
5,354 |
44,155 |
80,937 |
Median Age: |
35.3 |
34.53 |
36.17 |
Households: |
1,763 |
16,923 |
32,058 |
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
|