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- RE: Group Assisted Living Facility - 16 Units
- Contact: Trey Langus
Quick Facts
Asking Price: | $858,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 668055279 | |
Broker Reference #: | 24876-765802 |
Business Overview:
Charming Rural Property with Endless Repurposing Potential
Asking Price: Based on appraisal; seller is highly motivated and open to all offers.
Located at 370 Roy Beall Drive in the welcoming community of Luverne, AL, this former 16-bed assisted living facility offers over 7,280 square feet of space and nearly 3 acres of picturesque rural land. With serene lake views and an adjacent golf course, the property combines charm with versatility, making it a prime investment opportunity for various ventures.
Highlights:
Originally designed as an assisted living facility with a warm, community-focused layout. Nestled in a scenic, rural setting perfect for tranquility and privacy. Features ample space and a layout adaptable to numerous purposes.
Potential Repurposing Opportunities:
*Veterinary Clinic or Animal Rescue: Create a haven for pets and animals.
*Boutique Inn or Bed and Breakfast: Offer guests a peaceful escape with a stunning lake view.
*Wedding and Event Venue: Transform the property into a sought-after location for celebrations.
*Rehabilitation or Wellness Center: Develop a serene retreat for recovery and wellness services.
*Specialty Clinic or Medical Office: Adapt the building for healthcare or specialized treatments.
*Educational Facility or Childcare Program: Serve the community with educational or childcare services.
*Transitional Housing or Shelter: Partner with local organizations to support those in need.
This property’s unique combination of size, location, and flexibility makes it an excellent candidate for investors seeking to bring their vision to life.
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Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Alabama businesses for sale
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