314-961-0070
150 Fox Ridge Dr, Vincennes, IN for Sale
Senior Housing - FOR SALE
1/14
null | Request Cap Rate

150 Fox Ridge Dr
Vincennes, IN 47591


HIGHLIGHTS

  • Fox Ridge Manor, a vacant independent living facility comprising 46 fully operational units, offers an attractive opportunity for seasoned investors.
  • Nestled in a quiet, secluded area, this property can be easily reached from major routes 41 and 50, located just east of downtown.
  • Buyers have the chance to continue running as an independent living facility or redevelop the property based on their vision.
  • Numerous shops and dining options are just a short drive away, such as Culver’s, Lowe’s, McAlister’s Deli, Dollar Tree, Subway, and others.
  • Vincennes is a highly suitable area for independent living, given the projected growth of its population aged 65 and older over the next five years.
  • Situated on the border of Illinois and Indiana, this area is advantageous because it can attract prospective residents from multiple cities.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Independent Living | Redevelopment Opp

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Senior Housing

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.54 AC

LAND SF

241,453 SF

ZONING

-

APN/PARCEL ID

42-12-13-200-020.000-023

ASK ABOUT THIS PROPERTY

Lucas DollSenior Living Investment BrokerageMore Info
314-961-0070

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Lucas DollSenior Living Investment BrokerageMore Info
314-961-0070

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