139 Weber Ct - Assisted Livings FOR SALE


Wellington, OH 44090
$5,995,000 USD
330-722-5002
139 Weber Ct, Wellington, OH for Sale
$5,995,000 USD
Assisted Livings - FOR SALE
1/14
null | 8% Cap Rate

139 Weber Ct
Wellington, OH 44090


HIGHLIGHTS

  • Five-building healthcare campus totaling 27,682 SF on 6.54 acres.
  • Includes four multi-family homes and a habilitation center with ±300 occupancy.
  • Heated parking lot and walkways between buildings for year-round convenience.
  • Fully leased to ResCare Community Living with long-term agreements.

OVERVIEW

This offering represents a stabilized healthcare investment opportunity in Wellington, Ohio, featuring five freestanding buildings totaling 27,682 SF on 6.54 acres. The property is fully occupied by ResCare Community Living, a nationally recognized provider of intellectual and developmental disability services. The asset includes four multi-family homes and a habilitation center, all designed for community-based living environments. The tenant has a long-term lease structure with multiple renewal options, ensuring predictable income and minimal vacancy risk. The projected 2026 gross annual income is $509,880, with an 8% cap rate, making this an attractive acquisition for investors seeking reliable cash flow in the essential services sector. Heated parking lots, walkways, and zoning for multifamily use enhance operational efficiency. Located just 0.7 miles from SR-18, the property offers excellent connectivity to Lorain and Medina Counties, supporting regional accessibility. This investment combines strong tenant credit, specialized healthcare use, and long-term lease security, presenting a compelling opportunity for buyers focused on stable returns and critical service assets.

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wellington Habilitation Center

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.64 AC

LAND SF

289,238 SF

ZONING

MR-1

APN/PARCEL ID

18-00-021-101-078,18-00-021-101-079,18-00-021-101-080,18-00-021-101-081

ASK ABOUT THIS PROPERTY

Cody SinclairGerspacher Real Estate GroupMore Info
330-722-5002

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Cody SinclairGerspacher Real Estate GroupMore Info
330-722-5002

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