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: $2,250,000
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2022

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.

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


Photograph of Listing Agent

S. Parkerson McEnery

The McEnery Company Inc Mandeville, LA 70471
LACDB Member
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