+/-27,000 SF Assisted Living/ Rehab Facility for Sale

Multi-Family for Sale
Also listed as Special Purpose
Catylist Listing ID: 30836589
Property Subtypes: Senior Living, Other
Number of Units: 61 Units
Building Size (RSF): 27,017 SF
Gross Building Area: See Agent
Gross Land Area: 1.77 Acres
Sale Price: $1,900,000
Unit Price: $31,147.54 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2023

Overview / Comments

+/-27,017 former Nursing Home (The Care Center) for sale. Real estate only and does not include license.

This site is perfect for drug rehabilitation, behavioral health, and assisted living.

Building consists of a total of 61 rooms (104 beds):
- 18 private rooms
- 43 semi private rooms

Building also consists of:
- nursing stations
- administrative offices
- dining area
- full kitchen
- therapy room
- activities room
- recreation areas
- enclosed courtyards
- maintenance and storage building
- 250 KW generator that powers whole building
- Chilling/cooling tower upgrade in 2019
- luxury vinyl flooring installed in 2019
- roof improvements made in 2021
- flood zone "X"

*Does not include the license. License will be transferred to Seller's new facility.

*Current owner will vacate in July 2023.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 42
Taxing Authority: East Baton Rouge Parish
Tax ID/APN: 010-1883-3
Zoning: C-1
Property Located Between: Florida Blvd and Sherwood Forest Blvd
Site Description: +/-1.77 Acres fronting Florida Blvd. Ample parking.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1970
Year Renovated: 2015
Construction/Siding: Brick
Parking Type: Surface
Parking Description: +/-60 striped parking spaces
Total Parking Spaces: 60
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central, Wall Units
Air Conditioning: Air Curtain, Evaporative Cooler
Interior Description: Building also consists of: - nursing stations - administrative offices - dining area - full kitchen - therapy room - activities room - recreation areas - enclosed courtyards - maintenance and storage building - 250 KW generator that powers whole building - Chilling/cooling tower upgrade in 2019 - luxury vinyl flooring installed in 2019 - roof improvements made in 2021
Zoning Description: C-1 "Light Commercial"
Lot Frontage: 217
Lot Depth: 355
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lots 62, 63, and 64; West Sherwood Forest Subdivision; East Baton Rouge Parish, Louisiana

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,045 87,468 206,755
Median Age: 33.99 36.02 35.89
Households: 6,328 35,389 82,994

Contact

Photograph of Listing Agent

Lauren B Buckholtz

Saurage Rotenberg Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
© Copyright 2001-2023 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.