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: $3,250,000
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/4/2021

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. The buildings and grounds received a professional deep cleaning after decommissioning.

Attachments & Media

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

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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

Contact

Photograph of Listing Agent

S. Parkerson (Parke) McEnery

The McEnery Company
New Orleans, LA
LACDB Member
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