214 Prosperity Dr - Assisted Livings FOR SALE
Knoxville, TN 37923 |
214 Prosperity Dr
Knoxville, TN 37923
HIGHLIGHTS
- A 58-unit assisted living and memory care facility with 63 beds (Licensed for 75) currently occupied; recently renovated in 2016.
- The professional staff is dedicated to stay in place if the new owner wishes.
- Significant value-add potential exists through approved plans for an additional 44-unit memory care facility on the adjacent lot.
- Resident amenities include a theater room, a full-service salon with heated massage chairs, Wi-Fi, laundry facilities, and more.
- Desirable demographics include over 10,000 residents over 65 and an average HHI above $92,750 within three miles of the property.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Income-Producing Assisted Living/Memory Care
PROPERTY TYPE
Health Care
PROPERTY SUBTYPE
Assisted Livings
TOTAL BUILDING SIZE
28682
STORIES
3
BUILDING CLASS
C
YEAR BUILT
1997
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
1.57 AC AC
LAND SF
68,389 SF
ZONING
-
APN/PARCEL ID
119KA-01401
