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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

Email or Print Listing

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.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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