100 W Lake Professional Park - Apartments FOR SALE


Geneva, AL 36340
$900,000 USD
765-210-5167
100 W Lake Professional Park, Geneva, AL for Sale
$900,000 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

100 W Lake Professional Park
Geneva, AL 36340


HIGHLIGHTS

  • 16 private units with en-suite bathrooms.
  • Includes operating assisted living business.
  • 15% pro forma cap rate with income upside.
  • Common areas support daily resident care.

OVERVIEW

For Lease at $8000/month or for sale. Located at 100 W Lake Professional Park in Geneva, Alabama, this well-maintained 8,404-square-foot brick building offers an outstanding investment opportunity, especially with a significant price reduction now in place. Formerly operated as an assisted living facility, it is ideally suited for continued use as assisted living or memory care, featuring 16 private units, each with its own full bathroom to provide comfort and privacy for residents. The property also includes a spacious dining room, a welcoming living area, and a fully equipped kitchen designed to support efficient daily operations, all within a convenient professional park setting that ensures easy access for staff, residents, and visitors to hospital, medical offices, shopping, and restaurants.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

16

PRICE/UNIT

$56,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

M2

APN/PARCEL ID

190624100400200500

ASK ABOUT THIS PROPERTY

Dharma BhatiShalaka LLCMore Info
765-210-5167

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Dharma BhatiShalaka LLCMore Info
765-210-5167

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.