2082 Yorkville Rd E - Assisted Livings FOR SALE


Columbus, MS 39702
$3,500,000 USD
404-876-1640
2082 Yorkville Rd E, Columbus, MS for Sale
$3,500,000 USD
Assisted Livings - FOR SALE
1/13
null | Request Cap Rate

2082 Yorkville Rd E
Columbus, MS 39702


OVERVIEW

Bull Realty is pleased to present this facility that is currently an active licensed 58-unit personal care home licensed for 62 beds built in 1993 on ±4.77 acres. The facility is comprised of ±24,000 SF. All utilities and sewer are on site. According to the Seller, the property does not require zoning from the Columbus, MS, or Lowndes County; therefore, rezoning is not currently required for any use, including drug treatment. There are no competitive “for profit” licensed drug treatment facilities within a 30-mile radius. The seller will consider other potential uses for the facility including drug treatment. The facility is located 20.5 miles from the Golden Triangle Regional Airport in Columbus, Mississippi. - 58 suites suitable for 62 beds with double occupancy. - The unmet demand for the two primary age groups: 18-24, and 25-29 years for residential substance abuse treatment beds will total 2,075 beds today; and total 2,227 beds by 2029 - There are no competitive “for profit” licensed drug treatment facilities within a 30-mile radius - Property is 20.5 miles from Golden Triangle Regional Airport - Demographics (30-Mile Radius): Average household income is $70,710. Average net worth is $654,975. Average home value is $236,975 - The property does not require zoning from the Columbus, MS, or Lowndes County (rezoning is not currently required for any use, including drug treatment) - Michael Bull's MS License #: 19257 - Bull Realty MS License #: 19258

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Potential Drug Treatment Conversion

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.77 AC

LAND SF

207,781 SF

ZONING

-

APN/PARCEL ID

68W00-00-03300

ASK ABOUT THIS PROPERTY

Michael BullBull Realty Inc.More Info
404-876-1640

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

Michael BullBull Realty Inc.More Info
404-876-1640

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