27+/- Bed Assisted Living South Alabama
Business Description
KW Commercial and My ALF Consultant are pleased to exclusively offer this well established and stabilized 25 +/- bed assisted living for sale in Southern Alabama.
The building is custom built for the use of assisted living and offers the residents a very well planned layout and amenities. The ALF for Sale Alabama has a very well trained manager in place that handles most of the daily administrative activities.
The facility was purchased recently and the new owner increased the occupancy and made many improvements. Recently appraised at $2,800,000, yet offered at a price well below replacement cost. Situated on 5 acres, the property also offers a unique growth opportunity with the feasibility of adding 15 independent living units, addressing strong demand from community residents seeking a transitional living option.
This Property and Business is listed by: KW Commercial – Bienville Realty Group – Keller Williams Spring Hill – 1210 Hillcrest Road, Mobile, AL 36695 – Listing Agent: JC Smith
The building is custom built for the use of assisted living and offers the residents a very well planned layout and amenities. The ALF for Sale Alabama has a very well trained manager in place that handles most of the daily administrative activities.
The facility was purchased recently and the new owner increased the occupancy and made many improvements. Recently appraised at $2,800,000, yet offered at a price well below replacement cost. Situated on 5 acres, the property also offers a unique growth opportunity with the feasibility of adding 15 independent living units, addressing strong demand from community residents seeking a transitional living option.
This Property and Business is listed by: KW Commercial – Bienville Realty Group – Keller Williams Spring Hill – 1210 Hillcrest Road, Mobile, AL 36695 – Listing Agent: JC Smith
About the Business
- Number of Employees
- 10
- Market Outlook / Competition
- There are only a few Senior Living options in the city. This facility compares favorably in both pricing, room options, amenities and appearance.
- Opportunities for Growth
- Look to utilize some of the private rooms as shared living. Research the opportunity to add independent living on the same lot.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 18,800
About the Sale
- Seller Motivation
- Partner disagreement
- Transition Support
- Yes. The owner will provide training and support after the sale. There is a manager in place.
Listing Info
- ID
- 2308826
- Listing Views
- 889
Listing ID: 2308826 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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