Catylist ID:
#30872232
Drug and Alcohol Rehabilitation Facility
Special Purpose
for Sale
| Catylist Listing ID: | 30872232 |
| Property Subtypes: | Health Care/Medical |
| Building Size (RSF): | 15,990 SF |
| Gross Building Area: | 19,206 SF |
| Gross Land Area: | 2.43 Acres |
| Sale Price: | $8,000,000 |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Sale Terms: | Cash to Seller, Sale/Leaseback |
| Cap Rate: | 9.0% |
| Last Updated: | 10/4/2024 |
Overview / Comments
|
CONTACT AGENT FOR DETAILS 56 bed drug and alcohol rehab facility can be sold as a sale / leaseback or sale of real estate. Landmark Recovery is an experienced operator with a proven track record of success. Offers comprehensive drug and alcohol rehab services. Prime location in Louisville. Building completely renovated. Construction: 2 story - Brick Age: Built in 1950 – Completely renovated in 2021- 2023 SF: 15,990 +- sf plus a 3,216 +- sf structure that can be renovated. Acreage: 2.42 +- acres – Occupancy: 100% There are 2 apartment buildings located on the property on a long term ground lease Elevator: Yes Zoning: C-1, OR-3, R-4 and R-7, Suburban Marketplace Corridor County: Jefferson Parcel ID: 0651-0449-0000 Beds: 56 Kitchen: Commercial with hood and Ansul system FF&E: Negotiable Sale/Leaseback: 9% cap—Investment Opportunity |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 065104490000 |
| Zoning: | OTHER |
| Property Located Between: | Trio Ave. and Bluelick Road |
| Largest Nearby Street: | Outer Loop |
| Traffic/Vehicle Count: | 21,344 |
| Highway Access: | I-65 |
| Airports: | Louisville International Airport |
| Total Number of Buildings: | 2 |
| Number of Stories: | 2 |
| Typical SF / Floor: | 7,995 SF |
| Property Condition: | Excellent |
| Year Built: | 1950 |
| Year Renovated: | 2021 |
| Construction/Siding: | Brick |
| Parking Type: | Surface |
| Passenger Elevators: | 1 |
| Sprinklers: | Wet |
| Zoning Description: | C-1, R-4, R-7 and OR-3 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 17,462 | 80,210 | 195,729 |
| Median Age: | 38.34 | 35.59 | 36.9 |
| Households: | 7,108 | 31,531 | 78,982 |
| The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |
